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How Wealthsimple is trying to beat the big banks at their own mortgage game
Financial Post via Yahoo Finance· 6 hours agoThey’ve got a deal through June 30 whereby they rebate a portion of your mortgage payments based on...
CFPB tightens rules for buy now, pay later lenders
FOX Business· 2 days agoThe Consumer Financial Protection Bureau (CFPB) announced Wednesday it will impose some of the same rules on buy now, pay later (BNPL) lenders that apply...
'Mind-boggling': Mortgage brokers shocked as Barclays ups interest rates but TSB cuts
Evening Standard via Yahoo Finance· 2 hours agoThe reaction in the mortgage this week has been mixed, as lenders like Halifax and TSB reduced their...
ICE Uncovers Hidden Costs Eroding Lender Profits
National Mortgage Professional· 1 day agoA whitepaper from Intercontinental Exchange, Inc (NYSE:ICE), a global provider of technology and data, exposes the hidden costs of mortgage fee cures based on an analysis of preventable expenses ...
The average retail mortgage lender lost $645 per loan in Q1 2024 — but that’s actually a good thing
HousingWire via Yahoo Finance· 1 day agoThe average pretax production loss was 25 basis points (bps) in the first quarter, an improvement on...
HSBC's Silicon Valley Bank UK acquisition raises Hong Kong lender's tech profile with clients,...
South China Morning Post via Yahoo Finance· 1 day agoHSBC, the biggest lender in Europe and Hong Kong, bought Silicon Valley Bank UK in March last year...
Federal watchdog says ‘buy now, pay later’ lenders must provide consumer protections
Courthouse News Service· 2 days agoBuy now, pay later lenders soon will have to provide consumers the same legal protections as...
IMF, Pakistan make significant progress on new loan, IMF mission says
Reuters via AOL· 12 hours agoISLAMABAD (Reuters) -An International Monetary Fund (IMF) mission and Pakistan have made significant...
Buy now, pay later lenders now have to follow U.S. credit card rules. Here’s what that means
Quartz· 2 days agoOn Wednesday, the U.S. Consumer Financial Protection Bureau (CFPB) published an interpretive rule...
Consumer Watchdog: Buy Now, Pay Later Apps Must Play by Same Rules as Credit Cards
Sourcing Journal via Yahoo Finance· 19 hours agoThe Consumer Financial Protection Bureau this week issued an interpretive rule establishing BNPL ...
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