Online real estate company Zillow has announced it will offer home loans through a new division that lets mortgage seekers get funding right from the company. CNBC reported this is Zillow’s latest move toward having customers buy and sell homes on the site. In February,...
ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced a new partnership with MK Decision (MK) for its online loan-origination system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Her Majesty’s Revenue and Customs (HMRC) has refused to delay a “loan charge” policy for tens of thousands of individuals in the U.K. who are facing a tax charge they have been avoiding for 20 years, according to a report by the Financial Times. Get...
U.S. companies are far behind companies in Europe when it comes to issuing sustainability-linked loans, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Shanghai-based Dianrong, one of China’s largest peer-to-peer (P2P) lenders, is blaming the government for its recent problems, which includes shutting down 60 of its 90 offline stores and laying off around 2,000 employees. Get the Full Story Complete the form to unlock this article and...
The China Banking and Insurance Regulatory Commission (CBIRC) has released new guidelines aimed at getting banks to increase lending to small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Federal Reserve Governor Lael Brainard said on Tuesday (March 12) that a more flexible look at banks through the lens of the Community Reinvestment Act (CRA) could potentially make capital available for regions outside the usual areas financial institutions cater to. Get the Full Story...
Bank of America has pledged $100 million to the Tory Burch Foundation to make capital available to women in the business sector who might not otherwise have access to it, according to reports. Get the Full Story Complete the form to unlock this article and...
The Consumer Financial Protection Bureau (CFPB) disclosed in a report on Friday (March 1) that there has been an increase in active duty service members and veterans applying for first time homebuyer loans at least partially guaranteed by the U.S. Department of Veterans Affairs (VA)....
