Lending Club Receives $1.3 Billion Commitment from National Bank of Canada

Lending Club Receives $1.3 Billion Commitment from National Bank of Canada

Scott Sanborn Lending Club (NYSE:LC) has announced a significant partnership with the National Bank of Canada and its US subsidiary Credigy.
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Investors shrug off more losses at Lending Club

Investors in Lending Club shrugged off another quarter of losses on Monday, sending the shares up as much as 17 per cent as the company said it
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Hillary Clinton, Elizabeth Warren: Banking Frenemies

20, she could soon face opposition from within her own party when implementing her policies, especially in the banking and economic sectors.
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Zacks Investment Research Downgrades Western Asset Mortgage Capital Corp. (WMC) to Hold

According to Zacks, “Western Asset Mortgage Capital Corporation is … Bank of America Corp. set a $11.00 price target on Western Asset Mortgage
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Untapped Banking Opportunities In Africa

There are huge, untapped banking opportunities in Africa and banks in the region need to step up to succeed. Retail banking in Africa is far from
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Mortgage Rates Today, Monday, Nov. 7: Millennial Refinance Activity Is Up

Low mortgage rates are spurring more millennial borrowers into notable action. Millennials refinanced their mortgages in earnest in September,
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Industrial real estate is hot, and that's good news for South Florida's economy

While South Florida residential developers clamor for the global spotlight with jaw-dropping amenities and luxury finishes, an equally important story is
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FastPay Expands Lending Limits For Audience-Rich And Cash-Hungry Publishers

To do this lending, FastPay integrates with demand-sources – its three largest being Mediavest, Google and the brewing company AB InBev.
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UK housing prices unexpectedly rise in October as supply remains at record-low levels

Housing prices in the United Kingdom surprisingly rose during the month of October as the country's shortage of homes continued, with the supply of
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Two local funds raise hundreds of millions for property buys

Two local real estate investors have raised hundreds of millions of dollars for new property buys. Crow Holdings Capital – Real Estate said Monday
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Mortgage rates drop for Monday

Several closely watched mortgage rates sunk lower today. The average rates on 30-year fixed and 15-year fixed mortgages both ticked downwards.
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Scam alert: Wraparound mortgages

They are victims of schemes involving so-called wraparound mortgages, a type of creative seller financing that is legal in Texas. But critics say they are
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Savings Institute Bank & Trust's Barry Shead Honored

NORWICH CT – Savings Institute Bank & Trust's Norwich Branch Manager, Barry Shead, was recently honored at the 53rd Annual Freedom Fund
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Housing market bounce-back a boon for Freddie Mac

WASHINGTON — Mortgage giant Freddie Mac reported net income of $2.3 billion for the third quarter, reversing a loss in the same period of 2015.
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Turkey open to Iranian banking expansion, says minister

“Although these three banks have not yet make an official application to the Banking Regulation Supervision Agency [Turkey's banking watchdog]
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Inland Mortgage Capital appoints two executives

Inland Mortgage Capital, an Oak Brook-based private lender specializing in intermediate-term mortgages for value-added commercial real estate in
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Experts highlight headwinds for housing, real estate during Realtors conference in Orlando

Economic expansion, falling unemployment and low mortgage rates are fueling housing market growth. But those favorable factors are offset by low
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National Bank approves $1.3-billion investment on Lending Club platform

Online lending platform operator Lending Club Corp reported a smaller-than-expected loss and said National Bank of Canada had approved a
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How to Make Money In Real Estate: A Beginner's Guide to Investing

We don't blame you—real estate can be a solid investment as part of an … Only what's the best way to invest in properties without too much risk?
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BRIEF-Yuexiu Property Co updates Guangzhou Zhongjing Huifu Real Estate Dev…

LONDON, Nov 7 Some major shareholders in HSBC want the bank to give greater reassurance on succession-planning for its chairman and chief
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