Mintos Reports Topping €300 Million Milestone in Online Lending

Mintos Reports Topping €300 Million Milestone in Online Lending

On the lending supply side of the marketplace, there are 27 loan originators from 14 countries. Mintos says this makes them the world's largest
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Virginians to get refunds in $9 million settlement for predatory lending

Attorney General Mark Herring announced Wednesday that Virginia borrowers who were harmed by the lending scheme will receive checks
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The CEO of Able Lending Responds to the Rumors

Last week the marketplace lending rumor mill was active with “news” that small business lending platform, Able Lending, was going out of business.
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Bad Loan Clean-Up Taking A Toll On Bank Lending, Says Sanjeev Sanyal

India's attempt to rid its banking system of distressed assets will keep bank lending and economic growth muted, according to the country's principal
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US home refinancing activity hits 11-week high: MBA

PK) and Freddie Mac (FMCC.PK). Average rates on other types of home loans that the MBA tracks were anywhere from 2 basis points to 12 basis
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Ousted Lending Club chief boosts volumes at new venture

Renaud Laplanche, the former Lending Club chief ousted over a governance scandal last year, is stepping up lending at his new venture, determined
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BRIEF-India's Punjab & Sind Bank reduces lending rates across tenors under MCLR

Sept 6 (Reuters) – India's Punjab & Sind Bank says: * Cuts lending rates under MCLR effective Sept. 7 Source text for Eikon: [bit.ly/2wG6Z8J] Rates
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Citi brings in Jason Massey for futures, clearing and collateral

Citi has appointed Jason Massey as head of sales for Europe, the Middle East and Africa (EMEA) futures, clearing and collateral. In his new role,
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Our Past: Old Rock House finished in 1835

2008 – The United States government takes control of the two largest mortgage financing companies in the US, Fannie Mae and Freddie Mac.
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UPDATE 1-US home refinancing activity hits 11-week high – MBA

… loans are those with balances of $424,100 or less that qualify for guarantees from federal mortgage agencies Fannie Mae and Freddie Mac.
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BRIEF-India's IDBI Bank cuts lending rates by 5-10 bps across tenors under MCLR

Sept 6 (Reuters) – India's IDBI Bank says: * Reduces marginal cost of funds based lending rate (MCLR) by 5-10 bps across tenors effective Sept.7
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Canada central bank ups key lending rate to 1%

The Bank of Canada increased its key lending rate by 0.25 percentage points to 1% today as the economy roars back to life. “Recent economic data
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North Korea and Rates; Lender Disaster Updates – What Can Borrowers Do?

Freddie Mac spread the word that if applicable, a mortgage loan is in forbearance for 24 months, Freddie will repurchase the loan from its mortgage
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Canada central bank ups key lending rate to 1.0%

Ottawa (AFP) – The Bank of Canada increased its key lending rate by 0.25 percentage points to 1.0 percent Wednesday as the economy roars back to
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Multifamily Industry Sees Continued Market Growth, Increased Affordability Challenges

MCLEAN, VA–(Marketwired – Sep 6, 2017) – According to a new survey commissioned by Freddie Mac ( OTCQB : FMCC), a significant majority of the
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Carlyle Group triumphant in billion-dollar litigation

… Agency bonds tied to residential mortgage-based securities issued by mortgage association Fannie Mae and home loan corporation Freddie Mac,
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Cloud Lending Solutions Receives Investment from ABN AMRO

Cloud Lending Solutions Inc., a global cloud-based financial services technology company, received an investment from ABN AMRO's Digital Impact
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CBRE provides $2.8 million loan for Minneapolis apartment project

The financing was obtained through Freddie Mac's Small Balance Loan Program and offers several attractive features: 10-year fixed interest rate
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Homeowners in Florida Brace for Irma

Freddie Mac announced Tuesday that it has revised its disaster relief policies to allow mortgage servicers to, “automatically suspend evictions and
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Dynex Capital (DX) and New Residential Investment Corp. (NRZ) Head-To-Head Analysis

… of principal payment by an agency of the United States Government or a government-sponsored entity (GSE), such as Fannie Mae and Freddie Mac.
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