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Credit borrower
The impact of macro-prudential policies on the housing market
Credit standards remain cautious, but higher levels of household debt or a further increase in the high debt-to-income ratio could trigger a tightening of term credit conditions.
The emphasis on home credit policies is becoming more…
Credit union to reimburse $ 4,000 after caregiver steals money
A credit union was ordered to reimburse a disabled woman for $ 4,000 after her caregiver stole $ 10,000 from her bank account. A charity that helped the woman with her finances complained to FSCL on her behalf. FSCL is a dispute…
Farm Credit: Using a Privacy Statement to Boost Borrower Confidence | Nexsen Pruet, SARL
A privacy statement shouldn't be seen as a burden but as an opportunity to show potential borrowers that the organization's promises are important. The promise to keep personally identifiable information in the strictest confidence. The…
Flex Modification Program: A Guide
If you're having trouble making your monthly mortgage payments, the Flex Modification program could help you lower your monthly payment, get a longer repayment period, and maybe even a lower interest rate. Here's what you need to know…
How to Avoid Loan Default, According to Leading Funding Brokers
Experts explain all the options available to borrowers struggling to repay a loanMelbourne, Australia, August 22, 2021 / PRNewswire / - Bills, debts and loan repayments can sometimes come at inopportune times, which can make it difficult…
What credit score do you need to buy a home? – The Madison Leader Gazette
Getting a mortgage is a little easier now as lenders are starting to relax borrowing standards that have excluded many pandemic-stricken buyers. But easier doesn't mean easy, and you'll still need the best possible credit score to avoid…
SASB: The (shotgun?) The marriage of the mortgage and the mezz | Dechert srl
There are many reasons to structure a large securitization loan partly mortgage and partly mezzanine loan. Sometimes it's just that the borrower is in dire need while the financial markets are depressed. In this case, the lender turns…
A private lender has a real estate financing solution for brokers
Michael Veitch is the Head of Real Estate Finance NSW and ACT at Keystone Capital, a fund manager specializing in investment opportunities secured by mortgages on…
Lenders, it’s time to consider offering non-QM products
While the non-QM market was hit early in the pandemic, these loans are making a comeback and are expected to continue growing in 2021. Lenders who do not offer non-QM loans may want to reconsider their decision. HousingWire recently…
Invest in peer-to-peer lending (P2P)
Daniel Foggo, CEO of RateSetter
Peer-to-peer (P2P) loans provide a…