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Latest Loan/Mortgage News

Online lending hasnt removed discrimination, study finds
One potential explanation, however, is that online lenders utilize variables other than the traditional financial ones like credit score; they might be factoring in a borrowers geography or education level to price their loans, Bartlett said. Any
Updated: 11/27/2018 02:59P

Russian bank: we assigned $12 billion loan to poor African state by mistake
LONDON/MOSCOW (Reuters) - The impoverished state of Central African Republic landed a windfall on Tuesday, at least on paper, when Russian state bank VTB reported it had lent the country $12 billion — but the bank then said it was a clerical error and ...
Updated: 11/27/2018 02:36P

Chinas millennials embrace loans and paying in instalments as microloan industry booms
Lexin, which operates online shopping platform Fenqile — which translates to instalment happiness in Chinese — lets consumers buy mobile phones, watches, cosmetics, and even snacks on credit and repay the loan in instalments. For example, a ...
Updated: 11/27/2018 02:06P

Yorktown Center mall faces key loan deadline
The owner of the property in west suburban Lombard, a joint venture led by New York-based private equity giant KKR, is in danger of defaulting on the shopping malls mortgage, which matures next March, according to a Bloomberg report on the loan.
Updated: 11/27/2018 01:15P

Farmers plan 2-day protest in Delhi to demand better MSP, loan waivers
Farmers across the country are expected to gather in Delhi for two days (November 29-30) to pitch for a one-time loan waiver and better MSP (minimum support price) for crops. Umbrella body of farmer unions, the All India Kisan Coordination Committee ...
Updated: 11/27/2018 12:58P

FHFA to Publish Final Rule for Federal Home Loan Banks AHP
The Federal Housing Finance Agency will publish in the Federal Register Wednesday its final rule to amend regulations for the Federal Home Loan Banks Affordable Housing Program (AHP). The final rule authorizes additional authority to the banks to ...
Updated: 11/27/2018 12:44P

Fannie, Freddie conforming loan limits increase in nearly every part of the US
After not increasing the maximum conforming loan limits on mortgages to be acquired by Fannie Mae and Freddie Mac for 10 years, the Federal Housing Finance Agency has now increased the conforming loan limit for the third straight year.
Updated: 11/27/2018 12:18P

NY Assembly to look at student loan debt
ALBANY, N.Y. (AP) — State lawmakers in New York are taking a look at what the state can do to lessen the burden of student loan debt. The Assemblys committees on banks and consumer affairs and protection are scheduled to hold a public hearing ...
Updated: 11/27/2018 12:40A

Paddy procurement drops after loan-waiver promise
BHOPAL: Congresss promise of farm loan waiver in Madhya Pradesh seems to have struck a chord with farmers as majority of them are holding on to their paddy harvest instead of selling them. This comes at a time when farm loan repayment has dipped by ...
Updated: 11/26/2018 11:34P

PTPTN loan repayments to start when salary hits RM2,000
KUALA LUMPUR: Putrajaya has decided to increase the repayment threshold for National Higher Education Fund Corporation (PTPTN) loans from RM1,000 to RM2,000, the Dewan Rakyat was told today. Deputy Education Minister Teo Nie Ching said this ...
Updated: 11/26/2018 11:22P

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