N2N Connect expanding into P2P lending

OMM is Australia's first hybrid marketplace lender utilising the latest peer-to-peer (P2P) lending technology in combination with traditional structured finance methods to fund high-yielding unsecured loans. In essence, it is a platform to either invest or borrow money, with borrowers getting lower rates and
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DOHA: Elie El Asmar (pictured) has been appointed Head of Commercial Banking for HSBC in Qatar in a move bringing more than 20 years of … value to our customers thanks to his extensive experience in Commercial Banking across the region,” said Abdul Hakeem Mostafawi, CEO of HSBC in Qatar.
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Blend CEO Nima Ghamsari shared with HousingWire several reasons he thinks the partnership is a big deal for brokers in the industry. Ghamsari explained that partnering with large wholesale lenders enables Blend to impact a large swath of customers while the company's technology will help brokers
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Grit is the only JSE-listed company that invests solely in real estate in the rest of Africa. It wants to become a player in global real estate and compete for institutional money in the UK. Corbett says that through listing in London, Grit will be able to offer offshore investors dividend yields not offered by
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I have been in touch with two of the top five non-apartment builders in Australia and neither realised that the Royal Commission was threatening to go after the banks over unfair lending practices if they keep lending to homebuyers on the basis of false living expense estimates. One of the builder
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The big five of financial planing – Commonwealth Bank, NAB, ANZ, Westpac and AMP – are going to get the book thrown at them in round two of the Hayne royal commission at them for ripping off their customers. And after just one morning of the hearings, it's hard to say anything other than: good.
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Announcement: Moody's corrects the rating on GMAC Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 1999-C2 Cl. K. Read the full article at Moody's. SEE ALSO: The financial system is loaded up with a lot more debt than Wall Street wants you to know ».
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The European Central Bank (ECB) has asked Deutsche Bank, Germany's biggest lender, to calculate the financial effects of winding down its investment banking operations, a source told Reuters on Sunday. Deutsche Bank has called it a routine exercise while the ECB has declined to comment.
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DBS, the Asian bank headquartered in Singapore, was the first to be named the world's best digital bank by Euromoney in 2016. When just about every money center, regional, community bank and credit union promotes itself as a digital leader, Euromoney looked for more than talk. “Leaders in digital
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P11 Esteban Ocon VJM11-01. Strategy: New Soft (11 laps) – New Soft (20 laps) – New UltraSoft (25 laps). Esteban: “We were so close to scoring points today, but the events of the race didn't really help us. It was a messy start and we lost some time, and we didn't make any progress. The race was
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A termite-infested terrace in Sydney has sold for $1.4 million or more than $400,000 above the reserve price despite a slowdown in the housing market. The four-bedroom home at Stanmore, in the city's inner-west, was sold at auction on Saturday at 40 per cent above the asking price. This was despite
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The Republican National Committee has started an effort to discredit Comey on social media, in digital advertising, and through a website, lyincomey.com. House Judiciary Chairman Bob Goodlatte, a Virginia Republican, said on Fox News Channel on Sunday that Comey was “out for revenge” against
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The emergence of fintech disrupters to the lucrative mortgage broking industry is being driven by three key dynamics. First, banks pay $2 billion a year in commissions to mortgage brokers for the delivery of home loan borrowers – but want to pay less. Second, the Hayne royal commission is investigating
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Two weeks ago, Donald Trump invited Vladimir Putin to meet — maybe even at the White House. After U.S.-led missile strikes in Syria, the two nations' officials can't get into the same room without insulting each other. Speaking at an emergency session of the United Nations Security Council Saturday,
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He said its solid financial cushion and speciality in lending to private business — setting it apart from most multilateral development banks — could help make a big contribution to meeting globally agreed sustainable development and climate change goals. With every €1 of EBRD lending attracting a
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New position: chief retail officer at Virginia Commonwealth Bank, the banking subsidiary of Henrico County-based Bay Banks of Virginia Inc. Virginia Commonwealth Bank has 18 banking offices in the Richmond market area, the Northern Neck region, the Tri-Cities, Middlesex County and Suffolk.
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“There are civil servants that don't need the mortgage loan but they have their houses that they would need some upgrade; so we felt that instead of excluding them, we could find some micro financing which people could come over and get loan of N1million to renovate their houses. Those who don't
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A Queensland real estate agent was left trapped in her car when a snake decided to slither over her car's bonnet and onto the windscreen. Julie Murno, a real estate agent for Ray White Townsville, was between open houses when she found herself in the precarious situation, Perth Now reported.
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Commercial lending fell from $43 billion in January, back in line with December's $42 billion, but still a significant six per cent lower than the recent highs of November last year,. At $21.5 billion, the value of owner-occupier loans, excluding renovations, stands at a record high and comes in the wake of
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Shinzo Abe's approval rating fell again amid allegations of cronyism and government cover-ups, placing new pressure on the Japanese prime minister to stage yet another comeback or risk losing his grip over the ruling party. Abe's popularity fell to a record low of 26.7 percent in a survey by Nippon TV
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