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US lenders are starting to go bankrupt with new mortgages down 47% — could this one factor trigger...
MoneyWise via Yahoo Finance· 1 year agoThe real estate market just can’t catch a break, with inventory of resale homes remaining low and...
New York Community Bank stock turns positive after lender says deposits increased
CNN Business via AOL· 4 months agoTroubled regional lender New York Community Bancorp attempted to reassure investors Wednesday that...
What is an acceleration clause? And what triggers it?
Bankrate via Yahoo Finance· 3 months agoKey takeaways Acceleration clauses, a common feature in mortgage contracts, require that you pay off...
Why auto lenders are cautiously optimistic even as late payments rise
American Banker via Yahoo Finance· 4 months agoCar loan delinquencies are worsening across all age groups and income levels, as high interest rates...
Mortgage lender AmeriFirst Financial files for bankruptcy
HW Media via Yahoo Finance· 10 months agoRetail lender AmeriFirst Financial Inc. filed for Chapter 11 bankruptcy protection in Delaware, just...
Disaster Loans Provided a Lifeline. Now Small Businesses Owe Billions in Late Fees.
The Wall Street Journal· 2 months agoSMALL BUSINESS Ampac USA borrowed $500,000 to stay afloat during the pandemic. The skincare-products...
How to apply for a debt consolidation loan
Bankrate via Yahoo Finance· 1 year agoMoMo Productions/Getty Images A debt consolidation loan may be ideal if you want to get a handle on an overwhelming debt load. It lets you combine your...
Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp
Good Morning America via Yahoo News· 2 months agoRed Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to...
Amigo Loans loses customers and revenue but optimistic of return to lending
The Independent via Yahoo News· 2 years agoAmigo Loans has seen its customer base halved and its revenue cut by two-thirds as the troubled...
CrossCountry in talks to acquire Fairway: sources
HousingWire via Yahoo Finance· 8 months agoTwo top-20 mortgage lenders in the United States may combine forces amid the most challenging market in decades. CrossCountry Mortgage is in talks to...
