Marketplace Lending News Roundup – May 23rd, 2020

Marketplace Lending News Roundup – May 23rd, 2020

During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most interesting
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RBI rate cuts won't help, get banks to lend

Repo rate cuts have outlived their utility. At a time when there is such little lending, it doesn't really matter whether interest rates fall 10 bps or 20 bps or
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Deutsche Bank Thinks Ashford Hospitality's Stock is Going to Recover

… or acquisition; first-lien mortgage financing through origination or acquisition; sale-leaseback transactions; and other hospitality transactions.
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Family Bank books 85pc rise in profit on improved lending

The lender's net profit grew to Sh297.8 million, up from Sh160.8 million in a similar period last year. Over the period, the bank's lending increased from
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Big Real Estate “Re-set” Opportunity – Mantra For Thriving Through COVID–19

Housing loans should be provides at the “repo rate + 1% spread”. This will benefit the customers and the entire industry will kick start and will give a
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This Week in DeFi – May 22nd

However, the rising lending protocol has barely seen an increase in WBTC locked despite the spike in circulating supply. The low stability fee has driven
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New lending library dedication honors local educator

A new Little Free Library was dedicated May 21 at the Pendleton Early Learning Center, formerly Hawthorne Elementary School, as a memorial to
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Several North Carolina lenders lean on Fed liquidity to boost PPP lending

North Carolina lenders drew millions from a federal program designed to bulk up lending capacity in the Paycheck Protection Program. Getty Images.
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Regulators Issue Small Dollar Lending Principles

The Regulators offered little specific guidance on implementing and administering a small dollar lending program (SDLP) in a cost-effective manner
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Lennar Corporation Class A (LEN) Rises 1.85% for May 22

Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in
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Covid 19 Pandemic: Online Lending Market 2020 Size Status and Prospect (2020-2025)

The report presents a highly comprehensive and accurate research study on the global Online Lending market. It offers PESTLE analysis, qualitative and
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5 Tech Trends in Business Lending

The business lending landscape is changing right before us. Thanks to emerging technology, this sector is gaining a few noteworthy additions and is
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Where Will Enbridge Be in 1 Year?

New Residential also exited the non-qualified mortgage lending business to focus on … But in tough credit markets, lenders can still sell loans.
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MARATHON LENDING / MARATHON HOME LENDING / MARATHON REAL ESTATE – FBN …

MARATHON LENDING / MARATHON HOME LENDING / MARATHON REAL ESTATE – FBN# 20206573393. Posted by Newspaper Editor | May 22,
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Bothell WA Mortgage Advisor Home Buying And Refinancing Services Launched

Jeff Baxter – Mortgage Advisor updated its range of mortgages, home loans and lending solutions for clients in Bothell, Mill Creek, Edmonds,
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Alternative Lending Market Mergers and Acquisitions, Expansion 2020 to 2021 | Lending Club …

The report titled “Alternative Lending Market” report will be very useful to get a stronger and effective business outlook. It provides an in-depth analysis
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New Residential Changes Its Strategy in Response to COVID-19

But in tough credit markets, lenders can still sell loans. With non-agency loans, the market can go “no bid” at times. Going into the first quarter, mortgage
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'Get back on your feet' grants: $5K-100K grant criteria posted

… 1 to offer federally funded emergency relief to Alaska's small businesses. … Rent or mortgage payments (unless otherwise waived by lessor/lender);
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How Will North America Fare in the Digital Lending Platform Market Landscape?

Due to rising demand among financial institutions to reduce operating costs through streamlined operations across all borrower and lender interactions,
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NRM Manifesto: Lands Ministry Aims To Resolve Land Disputes Worth Shs 1.7 Trillion

Meanwhile, the ministry has since established a housing quality control … cost of building materials, high cost of mortgage financing among others.
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