Mortgage solutions company Angel Oaks is reportedly amplifying its correspondent lending services by implementing advanced technologies and infrastructures, says The Associated Press. This improvement is also expected to be combined with the high-rate workforce, which is set to facilitate...
The value of new home loans fell by 3.2% fall for the month of March, expunging February’s 2.2% rise. According to a record released by the Australian Bureau of Statistics this Monday, the value of mortgage lending for this month...
The fintech industry has been creating new and innovative developments in the crypto and lending sectors. Just recently, blockchain company Tron Foundation revealed that it has been working with Cred to incorporate money lending and borrowing in its services,...
There has been a massive change in home loans in some of Australia’s dead zones. According to the Digital Finance Analytics or DFA, location is a major factor for banks to allow home loans or mortgages. Some of these lenders...
Struggling Chinese peer-to-peer (P2P) lenders see hope for recovering with a revamped model. Industry players are looking to adopt a model like the one used by US P2P lenders wherein platforms seek funds from banks and institutional money managers to...
Amazon recently launched the company’s new lending service in China. The program titled Lending Referral Program is slated to connect sellers to a lending entity within China. This breaking news follows Amazon’s decision to close its marketplace in the country,...
One of Colorado’s known firm for real estate lending is adding two more offices in the Wyoming and Montana states to support potential home buyers when it comes to financing. The company announced last Thursday, May 2, that they are...
The Australian Securities and Investments Commission (ASIC) and Westpac are in a fight over responsible lending conditions. The conflict between the two parties is reignited after the court rejects Westpac’s payment of $35 million in settlement money. In 2018, ABC...
The People's Bank of China (PBOC), the country's central bank, recently announced it would slash the reserve requirement ratios (RRRs) for small and medium-sized banks starting May 15. This measure aims to help support struggling companies due to an...
Top US banks such as Bank of America, Citi, and JPMorgan beat their European rivals by a wide margin in digital innovation for corporate clients, a new report said. The banks in Europe need to defend a significant revenue stream...

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