HC asks why circular on highest 9% lending rate shouldn't be declared illegal

HC asks why circular on highest 9% lending rate shouldn't be declared illegal

The High Court on Tuesday issued a rule asking the authorities concerned why the circular of Bangladesh Bank (BB) on highest 9% lending rate
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Americans Are Paying $34 Billion Too Much for Houses in Flood Plains

Researchers assembled a historical database of U.S. flood maps and home prices to estimate how much bad communication costs homebuyers. By.
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Federal Reserve Cuts Rates by 50 Basis Points Amid 'Evolving Coronavirus Risks'

The Federal Reserve cut its benchmark lending rate by 50 basis points Tuesday in a surprise decision designed to cushion the economic impact of the
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KeyCorp Lowers Its Prime Lending Rate To 4.25 Percent

CLEVELAND, March 3, 2020 /PRNewswire/ — KeyCorp (NYSE: KEY) and its banking affiliates have lowered their prime lending rate to 4.25 percent
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BMO Harris Bank Decreases US$ Prime Lending Rate to 4.25 Percent

CHICAGO, March 3, 2020 /PRNewswire/ – BMO Harris Bank announced today that it is decreasing its US$ prime lending rate from 4.75 percent to 4.25
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Personal Loan Apps Banking On Features

Unsecured lending is the theme of this week's PYMNTS Provider Ranking of Personal Loan Apps, which looks at this fascinating space with fresh eyes
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2020 Tech100 Real Estate winner: Endpoint

Endpoint is a mobile-first title and escrow company, built to deliver a radically improved closing experience for real estate agents and their buyers and
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Affordable Housing Lottery Opens for Seven Units in East Williamsburg, Starting at $1060 a Month

An affordable housing lottery has opened for seven units in an eight-story building at 885 … Leasing for market-rate units began in September 2019.
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2020 HW Tech100 Mortgage winner: Lendwize

Using Wizni's LendWize, LOs can quote and compare products in real time across hundreds of investors and non-QM programs, create fee
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Mississippi bank hires Bham commercial lending vet

A Mississippi bank has added a new Birmingham team member to focus on commercial lending and commercial real estate. Flowood-based
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The impact of spreading virus on businesses and economy

NEW YORK (AP) — PUBLIC FORUMS: The 189-nation International Monetary Fund and its sister lending organization, the World Bank, announced
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Dear Monty: Who pays the real estate commission?

Reader Question: We are starting to explore buying our first home. We have attended several open houses and spoken to several real estate agents.
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Lahore hope for a change of fortune as they face Quetta today

LAHORE: Lahore Qalandars will be hoping for a change of fortune when they take on defending champions Quetta Gladiators in the 16th match of the
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Lending rates will fall 'soon' — BoG Governor

The decision of the Bank of Ghana to have banks in the country shore up their capital base barely two years ago was to get them in a more resourceful
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Bank Regulatory News and Trends

Fannie and Freddie announce updates on ARM products for LIBOR transition. Fannie Mae and Freddie Mac have both issued guidance documents
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2020 HW Tech100 Real Estate winner: Brandcast

Brandcast enables companies and brokers to generate more leads for their properties and improve their digital brands through elegant,
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2020 HW Tech100 Real Estate winner: ProspectConverter

ProspectConverter works the way brokerages do, giving them options to assign leads immediately to agents, prequalify, or incubate in-house.
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Fifth Third Bank Decreases Its Prime Lending Rate to 4.25%

Fifth Third Bank, National Association, today announced it will decrease its prime lending rate to 4.25%, effective immediately. The rate was last
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Was Subprime Lending Really to Blame for Great Recession?

New research is dispelling the myth that subprime lending was the major culprit in the housing boom during the early 2000s. Furthermore researchers
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PGIM to Avoid Buyout Finance in Big Bet on Direct Lending Market

Asset manager PGIM Inc. is looking to at least triple its investments in the growing direct lending market where it wants to compete with banks to fund
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