Lawsuit alleges Aurora mortgage company faked documents, falsified applications

Lawsuit alleges Aurora mortgage company faked documents, falsified applications

Mortgage originator American Financing Corp. in Aurora allegedly misled at least a half-dozen banks and finance companies with faked documents
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Suretly, a Crowdvouching Alternative to Peer-2-Peer Lending, Announces ICO

NEW YORK, June 8, 2017 /PRNewswire/ — Suretly is a unique crowdvouching platform that offers an alternative to conventional P2P lending practice.
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Wells Fargo business banking group restructures to bolster small-biz relationships

Wells Fargo's Business Banking Group restructured its regional system from three to seven regions in order to strengthen the bank's relationship with
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FHA premium reduction remains on hold: Carson

WASHINGTON — The financial condition of the Federal Housing Administration's mortgage insurance fund has “stabilized,” according to Housing
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Fannie Mae (FNMA) Stock & Freddie Mac (FMCC) Stock: Buy More, Cash Out, or Keep Holding?

Fact is the net profit sweeps that drain Fannie Mae and Freddie Mac of all their liquidity are illegal, unmoral, and also very difficult to understand for
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American Homeowner Preservation Acquires 799 Non-Performing Mortgages Using Reg A+

American Homeowner Preservation (AHP) 2015A+ LLC has acquired 799 non-performing mortgages from the 3 Star Properties, LLC bankruptcy.
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4 Peer-to-Peer Lending Apps You Should Be Using in 2017

Many people get involved in peer-to-peer lending without having any idea what it is. This new thriving method of debt financing makes no recourse to
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Following The Numbers on Kennedy Wilson Europe Real Estate PLC (KWE.L), What They Are …

Investors may use various technical indicators to help spot trends and buy/sell signals. Presently, Kennedy Wilson Europe Real Estate PLC (KWE.
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New York Fed Stumbled Into A Fundamental Truth About Wall Street

According to a new report from the Federal Reserve Bank of New York, nonbank lenders have increased their leveraged lending activities as a result
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Amazon Lending challenges banks by offering loans for small business

Amazon Lending provides small business loans from $1,000 to $750,000. About 20,000 small businesses in the UK, US and Japan have taken
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California's Bank of the West opens commercial banking hub in Cleveland

Bank of the West, an $83 billion-asset bank based in San Francisco, has opened a new commercial banking office in Cleveland led by managing
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Stonegate Mortgage Corp (SGM) Receives Coverage Optimism Rating of 0.12

Stonegate Mortgage Corp earned a coverage optimism score of 0.12 on Alpha One's scale. Alpha One also assigned news articles about the financial
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Negative equity on the decline in metro Orlando

In the last year, the number of homes with mortgages and negative equity has dropped by 5.1 percentage points in the Orlando-Kissimmee-Sanford
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Amazon lending boosts sales, moves in on bank territory

Vice president for Amazon Marketplace Peeyush Nahar said on Wednesday that the company has stepped up lending to third-party sellers, shelling
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TSB Bank says it has lent $50 mln in unsecured consumer lending through P2P lender Harmoney

“A relatively new lending facility for us has been through Harmoney – a New Zealand peer-to-peer [online] lending marketplace. We have funded $50
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Freddie: Mortgage Rates Decline for 4th Week

The 30-year fixed mortgage rate dropped for the fourth consecutive week and hit its lowest level in nearly seven months, Freddie Mac reported
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House votes to dismantle key Dodd-Frank regulations

Yana Miles, senior legislative counsel at the Center for Responsible Lending, a nonprofit research and policy organization, said this move would
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TransferNow

Introducing TransferNow. Now you can easily transfer funds to and from your accounts at other financial institutions. More Control over your money An.
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Thousands are years behind on paying mortgages

Nearly 33,000 homeowners were at least two years behind on their mortgage repayments at the end of March, an 8 per cent decline over the past year
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Long-term US mortgage rates fall

Long-term U.S. mortgage rates fell this week, with the benchmark 30-year rate declining for the fourth-straight week to its lowest level in nearly seven
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