Today is the day that the Paycheck Protection Program (PPP) was supposed...
Random
News Roundup
This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.
Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter.
Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.
To join our newsletter community please subscribe here.
Panel discusses how to determine the valuation of loans and in turn how to value funds which hold loans; over the last four years loan methodologies have changed from bank accounting (holding loans at par value and holding a reserve against expected losses) to using fair value; the most prevalent approach is a discounted cash flow analysis; this shift happened as more investors entered this space and funds got larger; James Wu of MonJa and John Schrader of Duff & Phelps dig into the details of fair value and how to comfort investors who are looking to invest in this space. Source
The New York Fed's most recent Household Debt and Credit Report shows credit levels reaching new highs; total consumer debt for Q2 2017 was $12.8 trillion and student loan debt reached $1.3 trillion; Forbes highlights an increasingly upward trend in student lending which it says is being supported by federal government loans. Source
