Lending

From the rising influence of millennials to shifting trends in home prices and housing inventory, here's a look at the top housing market trends for 2017.

Merchant cash advances have been controversial because of high premiums. But they can be lucrative for cash advance companies as well as ISOs.

Auto-financing group predicts continued strong lending trends for credit unions throughout 2017.

Ben Carson accepted Donald Trump's offer to lead the U.S. Department of Housing and Urban Development, according to a statement from the president-elect's transition office Monday.

The mortgage interest deduction will be limited in reforms designed to provide tax cuts for middle-class borrowers, but not those with higher incomes, according to Treasury Secretary-designate Steve Mnuchin.

Treasury Secretary-designate Steven Mnuchin's plan to remove Fannie Mae and Freddie Mac from government control could mean increased competition for lenders' loans. But it could also prompt a rise in mortgage rates.

The decisions by some of the major national and regional banks to keep subprime auto lending in check look wise after new delinquency data from the New York Fed, and may lend credence to the belief that credit unions can boost their auto lending business as the banks step back.

While one economist recently reminded credit unions that household incomes have finally returned to pre-recession levels, another has just released data that shows credit union business lending – a creator of U.S. jobs – is still down significantly from eight years ago.

Credit union auto lending affiliate and its partner institutions have surpassed Ally Bank as the nation’ No. 2 auto financing source.

Another leading company in the turbulent online lending sphere has replaced its chief executive officer.