Nonprofit hires director of lending programs

Nonprofit hires director of lending programs

A local nonprofit focused on business opportunities for women has named its new director of lending programs. Grand Rapids Opportunities for
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DA: Email hacker scammed $70K from Millersville man

The victim, a Millersville man, was conducting business with his title company through emails to set up his payment. He received an email, purportedly
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Lenders Not to Blame for Ballooning Pacific Debts: Samoa PM

SYDNEY (Reuters) – Pacific Island states only have themselves to blame if they fall into debt problems and criticism of China's surging lending in the
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China Fiscal Policy At Odds With SMB Lending

29) that the government's efforts to spur small business lending by pumping money into the financial services market has yielded only modest success.
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SME lending expands 15.7% in Q2

Credit institutionsʼ lending to small- and medium-sized enterprises expanded by 15.7% from a year earlier in Q2 2018, after increasing by 13.7% in
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FTSE 100 slumps; UK consumer lending growth slows to lowest level in almost three years

In other lending news, embattled payday loan provider Wonga said this morning that it has stopped accepting new loan applications as it teeters on
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Campbell Soup gone cold

Campbell Soup (CPB), best known for its line of canned soups, has stumbled in recent years, according to IHS Markit's Samuel Pierson in a recent
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Buffett Buys More Apple, Says iPhone Is 'Enormously Underpriced'

The Oracle of Omaha is adding to his already large stake in Apple Inc. Warren Buffett, 88, likes the technology giant because of its devoted customers,
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Freddie Mac: Mortgage rates finally see an uptick

Freddie Mac Chief Economist Sam Khater said mortgage rates are now seeing a steadiness which was last seen in the fall of 2016. According to the
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US mortgage rates ticks up from last week: Freddie Mac

With the 30-year fixed-rate mortgage rate up only one basis point since last week, U.S.mortgage rates have been relatively flat this summer, a breather
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10 Years After Henry Paulson's 'Colossal Blunder', Trump Can Make 'the Best Deal for America …

Calling former Secretary of the Treasury Henry Paulson's decision to place Fannie Mae and Freddie Mac into conservatorship a decade ago this
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Hungarian banking system has not done this to the economy in a decade

Lending in Hungary is booming, and the central bank (MNB) has apparently been successful in its endeavours to make fixed-rate housing loans less
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Proposed self-employment mortgage act will allow risky loans

What's up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary. From Freddie Mac's
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Jimmy Carter says the Trump administration is ignoring the affordable-housing shortage crisis

Since the 2008 financial crisis, the housing market has broadly recovered overall. But many Americans have been left behind. Millions of low-income
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Southern California home prices climb 5.8% from year earlier, but slip from June's record high

The Southern California median home price slipped in July from June's record high, but it was still up 5.8% from July 2017, according to data released
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Fort Saskatchewan fourth most affordable housing market in the province

Zoocasa compared average home prices to local household incomes to rank affordability in 24 Alberta cities and towns. On a list of most to least
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For Kerala borrowers, HDFC cuts loan rates by 20 to 35 basis points

KOCHI: HDFC has cut loan rates for borrowers in Kerala by 20 to 35 basis points. The country's largest home loan provider has also waived for loans
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DTC Product; CEO Events; Hedging Firms Making Moves

Optimal Blue announced the completion of integration with Freddie Mac's Loan Selling AdvisorSM application programming interface. “By connecting
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Warren Buffett on Stocks, Health Care and Banking

… health-care venture and the state of the banking industry. He speaks with Bloomberg's David Westin on “Bloomberg Markets.” (Source: Bloomberg)
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Stocks dip…Consumer spending rises…Mortgage rates tick up

Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages rose slightly to 4.52 percent from 4.51 percent last week. The rate
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