(BUSINESS NEWS) A new cryptocurrency lending program has entered the room and it will shake up traditional lending in the best ways.
(FINANCE NEWS) Kabbage offers lines of credit between $2,000 and $100,000 for small businesses, even Realtors. Ready to hire more support team members but need some...
(FINANCE NEWS) Yes, securing a small business loan of any kind is tedious and depends on varying lending organizations and business needs, but there is a...
Shopping for a small-business loan? Lenders are now using social media and smartphone habits (including who you are texting, GPS locations and check-ins) to determine your...
Small business lending is often stacked in favor of the lender, but Able appears hellbent on changing the model and flipping it upside down.
HUD has filed charges against an Ohio-based lender and mortgage broker for denying a loan after a couple with disabilities refused to submit "unnecessary" medical documents.
Helping explain concepts to clients One core value of practicing real estate is knowing as much about the home buying and selling process as possible and...
For the last year, we have been covering the government loan modification program called Home Affordable Modification Program (HAMP) and long ago labeled it a colossal...
I don’t know about you, but I am on the verge of a breakdown. Why? Because I am so frustrated with the lending institutions that I...
Today, Move, Inc. announces their newest acquisition, MortgageMatch.com. Retail mortgage banking company, Cornerstone Mortgage in Houston, TX (founded in 1988) is now doing business as (dba)...
This evening I received this forwarded email (below). It was from a local lender who sent it out, then it was forwarded to me. The lender...
After already receiving several high profile investments into their “mortgage savings” company, Home-Account this week announced a sizable investment from personal finance site Bills.com, bringing Home-Account’s...
In 2007, the FDIC seized only 3 banks, in 2008 they shut down 25, and in 2009, 130 banks failed! We’re only finishing out the second...
Change in attitude? Today, Bank of America announced that it will introduce “principal forgiveness” which will look to reduce loan balances of qualifying distressed homeowners with...
Best cities for borrowers Today, Forbes released their list of top 10 best cities for borrowers, noting that in the top performing metro areas, buyers get...
Too many chiefs? With the housing crisis still heated and stabilization seemingly wishful thinking, 2010 will continue to be the year of finger pointing and as...
CMBS Loans in trouble The total dollar amount of distressed Commercial Mortgage-Backed Securities (CMBS) will skyrocket to double the current number to hit $60 billion this...
A historic era This year has already proven to be a news filled year for the Federal Housing Authority (FHA) as the real estate sector continues...
HUD steps it up Earlier this month, the Housing and Urban Development Department which oversees the Federal Housing Administration stepped up their effort to curb the...
Foreclosures rise As the number of foreclosure filings hit historic highs, studies and statistics show staggering results. Of the 130.6 Million housing units in America, 18.9...
HAMP considered a failure It has been a rocky road for the Obama Administration as their Home Affordability Modification Program (HAMP) comes under fire as the...
Fannie Mae makes their move The lending industry has had a historic year so far as the landscape changes, the government changes policies and recovery continues...
Big changes Thus far in 2010, the lending scene and real estate sector have experienced rapid change with news coming out making it look like 2011...
An ever changing scenery We’re certainly still in uncertain times and after six months of increasing demand for mortgage applications, this week, the Mortgage Bankers Association...
Have you heard the latest news in lending? I had heard about it a bit here and there, but never by name. I had even had...