Home renovation lending is expected to exceed $350bn in Q3 and Q4 of 2019; this type of lending has increased...
The high volatility in cryptocurrency prices has created an opportunity for high frequency traders looking for alternatives; the stock market has been steadily rising but their has rarely been a daily jump or drop of more than one percent; while there has no been wide adoption of the strategy more firms have begun trading in the space as the market cap continues to rise. Source.
Last week the fintech world gathered in San Francisco for the 7th annual LendIt Fintech USA conference; Lend Academy shares highlights...
Regulators and fintech leaders gathered in Washington DC yesterday to discuss the fintech chartering process and some of the biggest challenges...
Investing in fix and flips is an asset class which has attracted billions of dollars; last year there were about...
According to a new survey by LightStream 75 percent of respondents plan to pursue a home improvement project in 2020...
Lennar Corp. is the largest homebuilder in the United States; they will leverage technology built by Blend to allow their customers to apply for mortgages online and through mobile devices; this will cut down significantly on the time to apply for a mortgage and Lennar hopes it will also help attract millennial buyers. Source
The popular financial management app for solopreneurs and freelancers, HoneyBook, has raised $28mn from Citi as they look to diversify...
This week the chairwoman of the House Financial Services Committee, Maxine Waters, announced the creation of a Task Force on...
The House Financial Services Committee has scheduled a hearing for March 28 with a panel of banking executives to gain greater insight into how Dodd-Frank has affected lending in the banking industry; the House Financial Services Committee works within the House of Representatives and is the main group governing regulation of the financial services industry; the hearing will help to gain insight into the effects on bank lending from Dodd-Frank which will help in directing Trump administration reform; the House Financial Services Committee is led by Jeb Hensarling who has previously reported the Financial CHOICE Act which is presented as a replacement for Dodd-Frank. Source