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Rather than receiving a lump-sum payment from the online lender, borrowers can now choose to have the proceeds of a debt consolidation loan sent to the companies they owe.
June 18
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New York's sweeping rewrite of rent stabilization laws could pose a credit risk to lenders that finance capital improvements to regulated apartment properties, according to a report Monday by Fitch Ratings.
June 17
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On Mar. 31, 2019. Dollars in thousands.
June 17 -
The executives were hired for their focus on loan origination, portfolio management and securitization.
June 17
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Banks fear that more competition from nonbanks in commercial real estate will drive down pricing and lead to a relaxation of terms.
June 14
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Visa, Mastercard and PayPal are each putting up $10 million to back the cryptocurrency; company “gearing up” to reboot its flagging small business lending unit.
June 14
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The Tulsa, Okla., bank is adding Jim Thompson as director of senior housing investments.
June 13
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Lynn Harton, the Georgia bank's CEO and a 20-year BB&T veteran, is considering acquisitions in Alabama, Florida and Tennessee markets where the entity soon to be named Truist Financial has a high profile.
June 13
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Despite renewed calls from Democrats looking to USPS to offer banking services, policymakers should instead consider reforms that would permit private-sector firms like Walmart and Amazon to offer a wider array of financial products.
June 13
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The Los Angeles company has established a network that is designed to help verify the identities of consumer and small-business borrowers. It says 20 lenders are participating and that it is trying to recruit more.
June 12
