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Borrowers who signed up for home equity lines of credit during the real estate price surge were 30 or more days late on $1.8 billion in outstanding balances four months after principal payments began, according to credit reporting firm Equifax.
June 16 -
The Federal Trade Commission and the New York Attorney Generals office gave presentations on collection issues, existing laws and the enforcement of fair practices.
June 16 - PH
Will AIG Ruling Deter Bailouts?; Goldman's Online Lending Bet
June 16 -
From chief lending officer and chief financial officer to chief operating officer and chief risk officer, see who got promoted.
June 16 -
MEMPHIS, Tenn. - Share One, a CUSO that is a developer of credit union core processing, said it recorded a 75% increase in gross sales and an 87% increase in new system sales.
June 16 -
Uber is a successful but sharply divisive brand. To Capital One, Uber is also an ideal partner for reaching a millennial customer base that would rather pay for everything through an app.
June 16 -
Scale is one of the most important things remittance companies must focus on, which is why long-standing incumbents continue to have the upper hand.
June 16 -
After several years of dormancy, Apple resurrected Near Field Communications (NFC). However, it remains to be seen if NFC will ultimately prosper and become the kind of ubiquitous payment technology that today is unique to payment cards.
June 16
CMSPI -
The firm widely thought to be Wall Street's smartest is reportedly putting scads of money behind the hypothesis that technology and the use of data analytics will fundamentally reshape lending.
June 15 -
The $410 billion-asset company won the 20-year naming rights for the Minnesota Vikings' new football stadium in downtown Minneapolis.
June 15





