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SoFi reports that FHA loans are ideal for first-time buyers with lower credit scores and smaller down payments, though they ...
Rithm Capital has closed a deal to acquire $1 billion in home improvement loans through a one-year flow agreement with ...
The New York Fed also noted second-quarter credit card debt rose $27 billion from the first quarter to $1.21 trillion, while ...
The share of US consumer debt in serious delinquency rose in the second quarter to the highest level since early 2020, reflecting a record surge in past-due student-loan debt.
Some of the country's biggest lenders, including JPMorgan Chase, Bank of America Corp. and U.S. Bancorp, said they would make ...
Lenders and servicers must determine how quickly to act as some legislators look to enable the move a key regulator has ...
Discover why Royal Bank of Canada shows resilience amid volatility, yet valuation and bearish signals suggest holding off for ...
The lender won’t ask for much documentation until after the results of the automated underwriting decision were received. This automated decision is essentially an electronic approval. The initial ...
Both lenders and borrowers shifted into much higher gear in 2Q 2025 compared to 2Q 2024, willing to lend and invest in a wide ...
Dominick Marchetti and Sean Dejulia, former Loandepot executives who helped develop the company's mello platform, are ...
Management described loan origination targets as repayment-dependent, acknowledging portfolio growth and dividend stability could be at risk if anticipated repayments do not materialize as projected, ...
Upstart is beginning to master the true AI way of lending. Click here to read why it looks bright in the near- to mid-future ...
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