Total loans at banks fell by 1.5 percent during the first half of June, according to data compiled by the...
Fintechs committed to compliance in all forms will be well-positioned for positive future growth and reputation management.
Fintechs committed to compliance in all forms will be well-positioned for positive future growth and reputation management.
In this guest post, Shaun O’Neill, President of Concord Servicing Corporation shares his perspective on how customer service should drive...
A new study has found that borrowers in China are taking out loans from multiple platforms; of 61 online lenders in the study, 44% of their customers borrowed from multiple sources; it is difficult to prevent against this since p2p lenders don’t have access to all of the credit data of their borrowers and there is no centralized place for platforms to share data; the study was done by the Beijing Internet Finance Industry Association. Source
LoanClear is a servicing company which was spun out of Dynamic Credit; now the company is acquiring Brismo, a provider...
loanDepot is the second largest non-bank consumer lender; OfferPad purchases homes from homeowners, allowing them to sell their house easily; the JV called OfferPad Home Loans is a stand-alone mortgage broker where loanDepot will act as the wholesale lender; OfferPad will be using loanDepot’s platform called Mello to provide the bridge financing. Source
According to National Mortgage News nine lenders including loanDepot were warned last year that they could be removed from the...
"Mello," LoanDepot's new unit, will put technology, lead generation, digital marketing, real estate and title insurance products in one division led by Zeenat Sidi.
LoanPro’s credit platform integration with Visa DPS helps brands tackle shrinking interchange fees while providing unique personalization.