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How to calculate interest on a loan: Tools to make it easy
Bankrate via AOL· 2 days agoKey takeaways Lenders charge two types of interest to earn money on the amount borrowed: simple or...
First high street bank raises mortgage rates after election call
The Telegraph via Yahoo Finance· 1 day agoBarclays has become the first high street bank to raise mortgage rates after Prime Minister Rishi...
Automotive Lenders Are Overlooking the Value of Alternative Data and Instant Decisioning, Open...
The Auto Channel· 1 day agoAUSTIN, Texas--Open Lending Corporation (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today ...
How Wealthsimple is trying to beat the big banks at their own mortgage game
Financial Post via Yahoo Finance· 7 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...
Bitcoin price today: BTC is down 3.77%
USA Today· 4 hours agoBitcoin, or 1 BTC, traded at $67,304.78, as of 8 a.m. The original crypto is up 48.45% year to date.
'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...