World Lending News

Live Oak Bank Announces New Lending Segment for Franchise Restaurants - GlobeNewswire (press release)


GlobeNewswire (press release)

Live Oak Bank Announces New Lending Segment for Franchise Restaurants
GlobeNewswire (press release)
WILMINGTON, N.C., May 22, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank announced today it has officially launched a new lending division focused on financing for the franchise restaurant industry. The vertical marks Live Oak's 18th industry specific lending ...

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Nationwide's mortgage lending slumps by a third - The Guardian


The Guardian

Nationwide's mortgage lending slumps by a third
The Guardian
Nationwide has reported declining profits for the second year in a row, as net mortgage lending slumped by a third amid intense competition. The UK's largest building society reported a 7.3% drop in statutory profits to £977m for the year to 4 April ...
Mortgage lending slumps as competition weighs on NationwideFinancial Times
TOP NEWS: Mortgage Lending To Rise At "Pedestrian Pace" - NationwideInteractive Investor
Mortgage lending hits new heights at NationwideInsider Media
Credit Strategy -This is Money
all 16 news articles »

Mortgage lending slumps as competition weighs on Nationwide - Financial Times


Financial Times

Mortgage lending slumps as competition weighs on Nationwide
Financial Times
“Fierce” competition in the UK mortgage market weighed on lending growth and profits at Nationwide, which cautioned that growth in the market is likely to remain weak for some time. Net mortgage lending at the UK's largest building society dropped by ...
Nationwide's mortgage lending slumps by a thirdThe Guardian
TOP NEWS: Mortgage Lending To Rise At "Pedestrian Pace" - NationwideInteractive Investor
Mortgage lending hits new heights at NationwideInsider Media
UK Investor Magazine
all 14 news articles »Google News

Wells Fargo CEO Sloan Says Bank Is Ready to Grow Auto-Lending Business - Bloomberg


Bloomberg

Wells Fargo CEO Sloan Says Bank Is Ready to Grow Auto-Lending Business
Bloomberg
Wells Fargo & Co. Chief Executive Officer Tim Sloan says the firm is ready to increase lending for car sales after pulling back last year. He speaks during an interview with Bloomberg's Erik Schatzker on "What'd You Miss?" (Source: Bloomberg).
Wells Fargo CEO says bank plans to boost auto lendingFinance and Commerce
Wells Fargo to increase car lending, growing wary of CRE: SloanAmerican Banker

all 3 news articles »

Trump signs bill blocking consumer bureau auto-lending measure - Politico


Politico

Trump signs bill blocking consumer bureau auto-lending measure
Politico
President Donald Trump today signed legislation that will undo a 2013 effort by the Consumer Financial Protection Bureau to discourage discrimination in auto lending. Guidelines issued by the consumer bureau outlined steps that lenders should take to ...
Trump signs resolution killing rule intended to prevent racial bias in auto lendingUSA TODAY
Trump signs congressional resolution overturning auto lending ruleReuters
Trump quietly signs resolution ending Obama-era regulation of auto lendingWashington Examiner

all 15 news articles »

Trump signs resolution killing rule intended to prevent racial bias in auto lending - USA TODAY


USA TODAY

Trump signs resolution killing rule intended to prevent racial bias in auto lending
USA TODAY
WASHINGTON — Auto dealers will once again be allowed to mark up the interest rates on auto loans to sell their cars — a practice critics say is racially discriminatory — after President Trump signed a bill striking down a rule discouraging the practice.
Trump signs bill blocking consumer bureau auto-lending measurePolitico
Trump signs congressional resolution overturning auto lending ruleReuters
Trump quietly signs resolution ending Obama-era regulation of auto lendingWashington Examiner

all 12 news articles »

Goldman Sachs is lending to subprime borrowers to get an early warning about the next economic slump - Business Insider


Business Insider

Goldman Sachs is lending to subprime borrowers to get an early warning about the next economic slump
Business Insider
You might remember that Goldman Sachs is lending to subprime borrowers. Turns out it's all a part of a plan to help predict the next credit cycle. In February, Goldman Sachs surprised Wall Street when it said that more than 80% of borrowers for its ...

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