After Trump order, HUD reviewing industry input on ‘dated’ property requirements

By Siddhi Nayak and Divya Patil   Indian microfinance lenders are facing renewed strains on their portfolios as price pressures and weak monsoon threaten rural incomes, raising the risk of defaults across the industry’s $35 billion loan book.   “A weak monsoon could slow loan growth as lenders tighten underwriting standards and…

A new class action lawsuit claims Santander Bank made millions of dollars by overcharging borrowers on their home equity line of credit loans. Processing Content Brooklyn residents Mark and Devorah Smilow sued the lender last week in a New York federal court, seeking to certify a class of aggrieved HELOC borrowers spanning back to 2013….

Just days after the Markets in Crypto-Assets regulation became fully applicable on July 1, the European Parliament called on the European Commission to identify gaps in the current crypto rulebook and assess whether further regulation is needed. For brokers and institutional firms, it signals that areas currently outside MiCA are likely to receive greater regulatory…

Stress-tested Liquidity, Gold Volatility & Dubai Growth | Andreas Kapsos, CEO of Match-Prime Stress-tested Liquidity, Gold Volatility & Dubai Growth | Andreas Kapsos, CEO of Match-Prime Stress-tested Liquidity, Gold Volatility & Dubai Growth | Andreas Kapsos, CEO of Match-Prime Stress-tested Liquidity, Gold Volatility & Dubai Growth | Andreas Kapsos, CEO of Match-Prime Stress-tested Liquidity, Gold…

Global equities last week continued their recent choppy performance, with a gain of 1.8% in local currency terms reversing a fall of the same magnitude the previous week. In sterling terms, a strengthening of the pound reduced last week’s increase to 0.8%.Europe, the UK and Japan led the gains, rising 2.0%, 1.7% and 1.4% respectively…

These are some of the top mortgage lenders for consumers with 600 credit scores. Most mortgage lenders require a 620 credit score to apply, and some only work with consumers who have 680 FICO scores. However, a few mortgage lenders open their doors to applicants with lower credit scores.  The real estate expert we spoke…