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Lending Club hired a pair of Wall Street executives to strengthen relationships with investors after many pulled back from buying the loans it arranges online during a tumultuous second quarter.
August 24 -
NorthStar Education Finance, a Delaware non-profit, is marketing $90 million of bonds backed by private loans to medical and law students.
August 24 -
The Federal Housing Finance Agency is seeking to make it easier for Federal Home Loan Banks to accept certain kinds of collateral for advances.
August 24 -
Santander Consumer USA Holdings again delayed its second-quarter results and financial statement due to ongoing discussions with federal regulators about accounting issues.
August 23 -
Despite headwinds working against the mortgage insurance industry, this business could be the catalyst for bringing private capital back to the mortgage market.
August 23 -
Angel Oak Capitals second securitization of non-prime residential mortgages brought its funding costs down significantly, helped by the addition of some new investors.
August 23 -
Home Partners of America is marketing its second securitization of single-family rental properties.
August 23 -
The Consumer Financial Protection Bureau said Monday that Wells Fargo had engaged in illegal student loan servicing practices by processing payments to maximize late fees.
August 22 -
As the volume of maturing commercial mortgages spikes, so is the number of loans transferred to special servicing when they fail to pay off.
August 22 -
The U.K. government will redeem £3 billion ($3.9 billion) of bonds backed by mortgages from rescued lender Bradford & Bingley, paving the way for a potential sale of the loans
August 22
