SBA's nonbank lenders could see stricter oversight. Here's what it means for businesses.
"I can promise that accountability is coming, and there are going to be consequences for bad actors and lazy regulators." ...
The 10 largest mortgage lenders in the U.S.
Though it doesn’t deal with borrowers directly, United Wholesale Mortgage is the biggest mortgage lender in the U.S., with ...
A closer look at specialty finance lending — and why it’s growing
When it comes to capital markets, issues like interest rates and the Federal Reserve receive considerable attention. That ...
MyChesCo on MSN1d
CFPB Tightens Oversight on Digital Payment Giants in Groundbreaking Consumer Protection Rule
The Consumer Financial Protection Bureau (CFPB) has finalized a groundbreaking rule to enhance oversight of the largest ...
nationalmortgageprofessional.com9d
CFPB Finalizes Rule Increasing Federal Oversight On Nonbank Fintechs
Today, the Consumer Financial Protection Bureau (CFPB) issued its final rule that increases federal oversight on the largest ...
American Banker12d
Private credit markets are a $1.7 trillion ticking time bomb
One wonders if the nonbank financial system, with its limited regulation, could be considered a modern-day "wildcat" system ripe for instability, writes former Comptroller of the Currency Eugene ...
Pensions&Investments4d
Trade groups warn European Commission on overregulating alternatives industry
Regulators must proceed with caution if they’re to go ahead and pile further regulations on top of Europe-based alternative ...
JD Supra4d
CFPB Finalizes New Federal Supervision of Certain Providers of Digital Wallets, Payment Apps
The Consumer Financial Protection Bureau (CFPB) on Nov. 21, 2024, issued a final rule to supervise larger nonbank companies that offer ...
Business Insider India5y
Here is a list of the top nonbank and alternative lenders in 2019
Alternative lending companies and nonbank financial institutions have been able to cater to these demands by adapting to the digital age and remaining open to company growth. In 2015 Quicken Loans ...