loans

HomeStreet to Sell $990 Million in Loans to Bank of America

HomeStreet to Sell $990 Million in Loans to Bank of America
HomeStreet to Sell $990 Million in Loans to Bank of America
December 27, 2024  |  Loans

The Seattle-based parent company of HomeStreet Bank agreed to sell $990 million in multifamily commercial real estate loans to Bank of America. Get the Full...

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Wirex Adds 2 Stablecoins to Platform to Streamline Digital Currency Spending
Wirex Adds 2 Stablecoins to Platform to Streamline Digital Currency Spending
December 23, 2024  |  Cryptocurrency

Wirex added two new stablecoins to its digital payments platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Morgan Stanley Expects Favorable Environment for Lenders in 2025
Morgan Stanley Expects Favorable Environment for Lenders in 2025
December 19, 2024  |  Loans

Morgan Stanley reportedly upgraded its rating and price targets on shares of several credit card companies and lenders, citing stabilization in consumer credit and an...

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El Salvador to Roll Back Bitcoin Project Under IMF Agreement
El Salvador to Roll Back Bitcoin Project Under IMF Agreement
December 19, 2024  |  Cryptocurrency

The International Monetary Fund (IMF) said Wednesday (Dec. 18) that El Salvador will alter its bitcoin project as part of a staff-level agreement on a...

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CFPB On Alert for ‘New Sketchy Fee Tactics’ From Companies
CFPB On Alert for ‘New Sketchy Fee Tactics’ From Companies
December 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is monitoring the consumer financial marketplace to spot companies’ attempts to charge junk fees in new ways after the regulator...

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54% of Consumers With Unstable Cash Flow Prefer Providers Offering Embedded Lending
54% of Consumers With Unstable Cash Flow Prefer Providers Offering Embedded Lending
December 19, 2024  |  Loans

Embedded lending, the integration of credit offerings into platforms where consumers and microbusinesses (MSBs) can apply for credit directly during a transaction, is gaining traction...

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November Issuer Data Extends Trend of Rising Credit Card Charge-Offs
November Issuer Data Extends Trend of Rising Credit Card Charge-Offs
December 17, 2024  |  Consumer Finance

Securities and Exchange Commission (SEC) filings from several card issuers offer up a mixed portrait of the U.S. consumer in November. Get the Full Story...

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NY Seeks Fairer Lending From Nonbank Mortgage Companies
NY Seeks Fairer Lending From Nonbank Mortgage Companies
December 17, 2024  |  Regulation

New York’s financial watchdog has proposed new measures governing nonbank mortgage lenders. Get the Full Story Complete the form to unlock this article and enjoy...

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Small Business Loans Decreased in 2023 as Lending Standards Tightened
Small Business Loans Decreased in 2023 as Lending Standards Tightened
December 16, 2024  |  SMBs

Small business and small farm loans decreased in 2023 as interest rates rose and lending standards tightened, according to three federal banking agencies with responsibilities...

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