Romania: Lending maintains good momentum in July

Romania: Lending maintains good momentum in July

Despite a flat RON lending component which maintained the 7.9%YoY growth, total corporate loans still shyly accelerated from 3.0%YoY in June-18 to
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Proprietary reverse mortgage alternatives gain broader momentum

Private-label versions of the Federal Housing Administration's Home Equity Conversion Mortgage have spread to the point where a widely-used loan
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Pinnacle Bank Taps Skat to Head Specialty Lending

Pinnacle Bank Florida announced the hiring of industry veteran Michael Skat as Managing Director of its Specialty Lending Group. Skat who has over
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Bad News For The Housing Market Continues To Pile Up

I remember vividly the scene in The Big Short when a housing broker was driving the “Steve Eisman” group around California's “Inland Empire.” Home
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Talks on rewrite of low-income lending rules stall

WASHINGTON — Talks have faltered among banking regulators on how to start rewriting requirements for banks to make loans in poorer
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Trump and GOP put high-interest lenders ahead of military

His bill could also jeopardize North Carolina's ban on payday lenders and override state caps on loan interest. McHenry, who represent North
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Sebi extends trading hours for securities lending and borrowing segment

NEW DELHI: With a view to facilitate physical settlement of equity derivatives contracts, markets regulator Sebi today extended the trading timings in
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Chase Bank hit with downgrade over jumbo mortgage underwriting, fintech gaps

Moody's Investors Services downgraded JPMorgan Chase's prime jumbo mortgage originator assessment to its second-highest rating, citing the
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Chicago Tops List of Green-Certified Office Market

Green-certified office space in the nation's 30 largest metros has reached 41 percent of market totals, according to the fifth annual U.S. Green Building
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No sovereign immunity for tribal lending companies

In a suit alleging usurious loans, two online-lending companies created by Chippewa tribal leaders failed to prove by a preponderance of the
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Formalising MSMEs: New private banks lead MSME lending

Lending from new private banks to MSMEs has grown at an impressive rate of 22% in FY18 and the total value of MSME digital lending is likely to
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Wells Fargo Cuts 638 From Mortgage Department

The San Francisco-headquartered Wells Fargo stated that it was giving its employees 60 days' notice and would work to find other employment
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CE and Training Products; Corporate Moves; Powell at Jackson Hole

Bell Bank Mortgage announced the addition of Milwaukee-based Assured …. National Credit-reporting System, Inc. (NCS), a full-service consumer
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SBI looking to revive corporate lending this year: Chairman Rajnish Kumar

State Bank of India (SBI) Chairman Rajnish Kumar on Friday said the bank is looking for some good opportunities in corporate lending in the current
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Treliant Appoints Financial Services Executive William J. Vahey as Senior Director, Expanding …

WASHINGTON–(BUSINESS WIRE)–Treliant has appointed William (Bill) J. Vahey as a Senior Director of its Mortgage Operations and Compliance
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Guild Mortgage Launches 3-2-1 Home for First-Time Buyers

Guild Mortgage Launches 3-2-1 Home for First-Time Buyers … Guild Mortgage has introduced 3-2-1 Home, a mortgage program that offers a lower
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Mulvaney urged not to weaken military consumer protections

“We urge you to stand with the troops and against any attempt to weaken the Military Lending Act, including the Bureau's supervisory and enforcement
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​The sophisticated algorithms behind peer-to-peer money lending

“We actually are the nation's largest personal loan lender in this market space,” said Steven McCaa (pictured), director of infrastructure and end user
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US mid-market to stay competitive after Labor Day

NEW YORK, Aug 24 (LPC) – The competitive dynamics that have defined US middle market lending in 2018 so far are expected to persist after Labor
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ReverseVision Debuts Proprietary Reverse Mortgage Service

ReverseVision, a San Diego-based provider of technology and training for the Home Equity Conversion Mortgage (HECM) market, is making a new
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