Is it OK for lending algorithms to favor Ivy League schools?

But the way some online lenders go about deciding to whom they will lend flies in the face of this premise. Their underwriting relies heavily on where
See Original Article

Kentucky Housing Corporation (KHC), the state housing finance agency, recognized its 2016 top lending partners at the 12th annual Lender
See Original Article

Take-home pay for residents living in and around St. John's grew by the smallest amount in 2016 of any year since 1997, according to an economic
See Original Article

A micro-lending platform pioneered by a Sterling-based woman that offers low-cost loans to those living in some of the poorest parts of the world is
See Original Article

NEW YORK, March 9 (Reuters) – U.S. 30-year mortgage rates rose to their highest since late December in line with a spike in Treasury yields due to
See Original Article

Freddie Mac, in its weekly survey of more than 100 lenders nationwide, reported the average thirty-year rate jumped 11 basis points (0.11%) to 4.21%
See Original Article

Sean Murphy, Managing Director, Personal Banking, Ulster Bank in Northern Ireland said: “Banking has changed radically in recent years. More and
See Original Article

Ontario's finance minister says he is re-thinking a foreign buyers' tax as one possible option to cool the housing market. The average price of homes
See Original Article

That helped push prices in the country up by 13% over the past year, to lead The Economist's latest tally of global house-price inflation (see table).
See Original Article

MCLEAN, VA–(Marketwired – Mar 9, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey®
See Original Article

Its suggestive of at least some sort of slowing in shadow banking activity and mortgage lending. This apparent moderation of credit growth is what
See Original Article

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average jumped to its highest level of the year, 4.21 percent with
See Original Article

Average 30-year fixed mortgage rates hit their highest levels of the year in the latest Freddie Mac survey after declining during the previous three
See Original Article

Freddie Mac said Thursday the rate on 30-year, fixed-rate loans climbed to 4.21 percent from 4.10 percent last week. The rate on 15-year mortgages
See Original Article

“The 10-year Treasury yield rose about 10 basis points this week,” says Sean Becketti, chief economist for Freddie Mac. “For the first time in weeks, the
See Original Article

… Quality Management platform allows lenders to “to create, monitor and report on the results of action plans required by Fannie Mae and Freddie Mac
See Original Article

WASHINGTON, DC (March 9, 2017) — Randolph-Brooks Federal Credit Union Executive Vice President and Chief Lending Officer Sonya McDonald
See Original Article

U.S. 30-year mortgage rates highest since December: Freddie Mac … Reserve will raise interest rates next week, according to Freddie Mac (FMCC.
See Original Article

Ulster Bank is to close nine of its 64 branches in Northern Ireland from October. The bank said it has made the decision because more of its customers
See Original Article

Recently I also explored with them the concept of financial leverage – specifically that of fractional reserve banking, which has been the basis of credit
See Original Article