Commercial lending

The subprime business lender halted new business and laid off scores of employees after recording higher-than-expected losses.

Green Bancorp has pivoted from the troubled energy-lending market to SBA loans, which are appealing to more small banks because they can be sold at a premium and are getting more support from Washington.

Net interest margins are on the rise and banks have the green light to return more capital to shareholders, but commercial lending and consumer credit quality remain trouble spots.

The addition of Sean Glithero as CFO is one of several new hires by the online small-business lender.

The promise of fintech is that it might offer underbanked consumers access to financial products. But some are worried that relying on algorithms to make credit decisions could open up problems of its own.

It may be a bigger challenge than financial institutions realize to avoid the cannabis sector, which includes a whole host of ancillary businesses from agricultural supply sellers to real estate developers.

Readers criticized a credit union securitization proposal, weighed in on scaling back the CFPB’s complaint database, debated the need for banks to examine gender-based salary comparisons, and more.

The move comes at a time when both Prosper and the broader industry it helped to pioneer are struggling.

Natasha Merz, VP of commercial lending at Langley FCU, testified before a House small business subcommittee on ways Congress can help credit unions and the SBA better fulfill a common mission.

The online small-business lender has also announced the hiring of a new U.S. head of capital markets.

The New York-based company saw its fortunes fade after riding an earlier wave of investor enthusiasm about marketplace lending.

LendUp is seeking to differentiate itself from competitors by making fast loan decisions and designing its customer experience around the mobile phone.

Mexico's decision to reduce imports of soybean meal, corn and chicken has put more pressure on certain farmers, while creating another situation for lenders to monitor.

Sponsoring securitizations of the loans funded on its platform will give LendingClub more control over its reputation in the market and make it less beholden to direct loan buyers.

A headquarters move to Boston, a core system with plenty of headroom and a CEO who admires big acquirers like M&T and the old Banknorth: All the signs are there of an ambitious bank with a plan.

Operational changes may be enticing to investors, but they threaten the very foundation of marketplace lending, potentially shutting out those the burgeoning sector was meant to serve.

Readers weigh in on chatbots, Amazon’s physical footprint expansion plans, alternative credit data and more.

Oil prices are dropping again, but some lenders think now is the time to recommit to energy lending as long as they underwrite them a certain way for certain borrowers in certain regions.

Four key areas examiners will be looking at related to the new rule that CUs should brush up on today.

The CFPB and others believe alternative data could provide more credit to the unbanked. Small banks and credit unions, however, have lingering concerns about breaking from traditional underwriting.