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Rising interest rates have slowed a recent run of unexpectedly high prepayments of government-insured mortgages, making servicing rights for loans held in Ginnie Mae securities more attractive to investors.
March 6
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On Dec. 31, 2016. Dollars in thousands.
March 6 -
Personal financial management tools have long relied on financial data aggregation. Now, aggregators are hoping traditional lenders will take a cue from alternative lenders and use the technology to quicken their underwriting decisions.
March 6
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Bankers oppose legislation that would let local governments finance energy efficiency projects with liens ahead of the mortgage.
March 6
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On Dec. 31, 2016. Dollars in thousands.
March 6 -
Quona Capital Management raised $141 million for the Accion Frontier Inclusion Fund, which will invest in companies that provide financial and other services to underserved customers in emerging markets.
March 6 -
President Trump’s order on “core principles” for financial regulation is succinct and instructive, but interpreting it is difficult when comparing it to more informal statements from Trump and his aides.
March 6
Santander Innoventures -
Much like how Amazon went from selling books to selling cloud services, the online lenders that succeed well into the future will change how they do business, Scott Sanborn said.
March 6
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Because he is blind, Chris Danielsen assumed he’d need a friend to help him deposit a check remotely. But he did it on his own using USAA's mobile app.
March 6
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Credit unions are working with crowdfunding platforms to help businesses find additional capital.
March 3
