loans

CFPB to Examine Mortgage Closing Costs, Rising Junk Fees

CFPB to Examine Mortgage Closing Costs, Rising Junk Fees
CFPB to Examine Mortgage Closing Costs, Rising Junk Fees
May 30, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is investigating junk fees that increase the closing costs on mortgages. Get the Full Story Complete the form to...

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Goldman Sachs Alternatives Raises Largest Loan Partners Fund Since 2008
Goldman Sachs Alternatives Raises Largest Loan Partners Fund Since 2008
May 29, 2024  |  Investments

Goldman Sachs Alternatives raised more than $20 billion for senior direct lending. Get the Full Story Complete the form to unlock this article and enjoy...

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Dimon Forecasts Problems in Private Credit Market
Dimon Forecasts Problems in Private Credit Market
May 29, 2024  |  Banking

JPMorgan Chase’s CEO is sounding a warning on the flourishing private credit sector. Get the Full Story Complete the form to unlock this article and enjoy...

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Wells Fargo CEO: Regulators Restricting Corporate Lending Business
Wells Fargo CEO: Regulators Restricting Corporate Lending Business
May 29, 2024  |  Banking

Wells Fargo CEO Charlie Scharf reportedly told investors Wednesday (May 29) that the bank could be doing more corporate lending and trading if regulators lifted the...

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M&T Bank Taps Rich Data Co for AI Decisioning Platform
M&T Bank Taps Rich Data Co for AI Decisioning Platform
May 27, 2024  |  Banking

Rich Data Co. (RDC) has taken another step in the global expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders. Get...

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Report: MoneyGram Fails to Secure Lower Borrowing Costs on Leveraged Loan
Report: MoneyGram Fails to Secure Lower Borrowing Costs on Leveraged Loan
May 24, 2024  |  Loans

MoneyGram International reportedly failed to secure lower borrowing costs on a $398 million leveraged loan before a deadline on Thursday (May 23). Get the Full Story...

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Cash Flow-Based Underwriting Adds Real-Time Context to FICO Score
Cash Flow-Based Underwriting Adds Real-Time Context to FICO Score
May 24, 2024  |  Loans

The FICO score — what we might think of as the general “shorthand” for lending — was created back in 1989. Get the Full Story...

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Q1 Earnings Show Lending Platforms’ Digital Path to Financial Wellness
Q1 Earnings Show Lending Platforms’ Digital Path to Financial Wellness
May 20, 2024  |  Personal Finance

Over the last several months, PYMNTS Intelligence data has revealed in separate reports that tens of millions of consumers would opt for a single point...

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CFPB Orders Western Benefits Group to Cease Operations, Pay $400,000
CFPB Orders Western Benefits Group to Cease Operations, Pay $400,000
May 20, 2024  |  Regulation

The Consumer Financial Protection Bureau ordered Western Benefits Group to permanently cease operations and to pay a $400,000 penalty. Get the Full Story Complete the form to unlock this article...

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