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What Is an FHA Appraisal?
US News & World Report· 3 days agoBefore issuing an FHA loan, a lender orders an appraisal from a professional who's approved by the Federal Housing Administration. If the appraisal shows that repairs are ...
Massachusetts AG Forces Fintech from State as Part of “True Lender” Settlement
The National Law Review· 2 days agoOn May 21, the Massachusetts Attorney General entered into an Assurance of Discontinuance (“AOD”)...
How to get a mortgage when you’re self-employed
Bankrate via Yahoo Finance· 3 days agoKey takeaways It's possible to get approved for a home loan as a self-employed borrower, but you often have to take a few extra steps to prove your...
CFPB Interpretive Rule Holds That BNPL Lenders Are Credit Card Providers
The National Law Review· 2 days agoOn May 22, the CFPB announced an interpretive rule confirming that Buy Now, Pay Later (BNPL) lenders...
New rule extends credit card protections to buy now, pay later purchases
KOMO Seattle· 17 hours agoBeginning later this year, consumers who use Buy Now, Pay Later (BNPL) services should have an...
Hodorowski Group sought out short-term business lenders, lawsuits show - Albany Business Review
The Business Journals· 4 days agoCompanies associated with the Hodorowski Group are facing two court judgments totaling almost $1.5...
Thames Water Lender to Offload £500 Million of Loans Amid Election Limbo
Bloomberg· 3 days agoHave a confidential tip for our reporters? A lender to beleaguered utility Thames Water is looking...
Lender Investec posts 9.1% rise in full-year profit
Reuters· 4 days agoSouth African lender Investec reported on Thursday its full-year profit rose 9.1%, buoyed by growth in lending books and higher average interest rates.
How to manage an unsecured business loan
Bankrate via Yahoo Finance· 2 days agoKey takeaways Understanding your loan agreement is a must if you want to successfully manage your unsecured business loan Follow a budget and avoid...
Pro Take: Private Lenders Get Choosier
The Wall Street Journal· 4 days agoPrivate-credit funds have been instrumental in keeping struggling companies afloat; lingering inflation has made lenders more cautious in betting on a...