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KakaoBank soars by over 70% in Korean online lender’s debut
(Bloomberg) - KakaoBank Corp., South Korea's first internet-only lender to go public, jumped more than 70% on business debut in Seoul to become the country's largest retail lender by market value .The 74% jump in the stock gave the company,…
Heavily leveraged Vodafone Idea lenders plan to swap debt for equity
Over the years, Vodafone PLC has invested $ 30 billion in Vodafone India and has written off the entire investment
The subjectsVodafone | Vodafone Idea |!-->…
Gunderson-led lender surpasses $ 900 million in value with Series D
Law360 (Aug 5, 2021, 5:35 p.m. EDT) - Octane said on Thursday its valuation exceeded $ 900 million after a Series D funding round that the lender led by Gunderson Dettmer will use to improve services for consumers looking to purchase…
Lenders One prepares for the annual summit
A cooperative of lenders will start his Annual summit in Orlando, Florida on Sunday, August 8. The co-op will present a keynote address by Frank Abagnale of "Catch Me If You Can" fame, and feature an industry panel, including…
VAS Audit Launches Project Tracking Reviews for Resi, Business and Development Lenders
VAS Audit has introduced a new Project Tracking Review service to help reduce risk for residential, commercial and development finance lenders.
The service will provide an independent review of initial and interim…
Black Knight Mortgage App Helps Lenders Return Refi Business
Homeowners can now use an app provided by their loan department to manage payments, also track their home's current value, check refinance rates, purchase mortgage insurance, and initiate requests for help when they…
Hometown Lenders Grows Again With New Tennessee Branch | Tennessee State Securities
HUNTSVILLE, Ala., August 5, 2021 / PRNewswire / - Hometown Lenders (HTL) continues its strategic growth with…
First Bank of Bern Listed in Top Lenders of 2021 by Independent Community Bankers of America | New
Area Bank Recognized As One of the Leading Agricultural Lenders by the Independent Community Bankers of…
Lenders One launches new solutions and new revenues
ATLANTA, August 5, 2021 (GLOBE NEWSWIRE) - Lenders One® Cooperative, a national alliance of independent mortgage bankers, banks and credit unions, kicks off its annual summit in Orlando, Florida on Sunday. The co-op celebrates its…
Inovatec joins the Canadian Lenders Association
Major Loan Origination and Management Systems Provider to Work With CLA's Credit LeadersBURNABY, BC / ACCESSWIRE / August 5, 2021 / Inovatec Systems Corp., a provider of cloud-based loan origination, management and service solutions, has…
1 in 2 Australians think lenders should monitor borrowers’ financial health
Half of Australians believe credit providers should proactively monitor the financial health of their customers to anticipate difficulties, according to a new survey.
The study by news service firm…
Singapore’s DBS increases payments as other lenders recover from COVID
SINGAPORE - Banks in Singapore eased their purse strings this week to reward investors on strong second quarter results, showing they are confident the recovery from COVID-19 remains on track despite setbacks in Asia.DBS Group Holdings,…
Online lender Kakao to debut on the stock exchange
KakaoBank logo (KakaoBank)South Korea's internet-only bank is expected to debut on the country's main stock market this week as part of one of this year's mega initial public offerings.Kakao Bank will debut on the KOSPI market on…
Monterey Financial Services offers programs to work with lenders to help the underserved market with…
President and CEO of Monterey Financial Services
Monterey Financial
With thirty years of experience supporting clients and a reputation for integrity, Monterey Financial helps clients…
Protecting Ohioans From Predatory Payday Lenders
Too many Ohioans fall prey to payday lenders and car titles that trap them in a cycle of debt.
Businesses refuse to pay their employees enough to pay the bills, and the big banks won't give out small loans to help people with unexpected…
Confidential to Consumers: California Usury Act caps lending rates. Oddly, most lenders are exempt…
Rae Walker scratches his head on his credit card bill.“I have noticed,” she told me, “that the interest…
State Usury Law caps lending rates, but most lenders are exempt
Rae Walker scratches his head on his credit card bill.“I have noticed,” she told me, “that the interest charged exceeds what seems appropriate for the California Usury Act,” which caps the allowable interest rate for consumer loans at $ 10.…
“Rent a bank” fades for payday lenders
The regulatory eye on payday loans is tightening. To this end, as reported by the Associated Press, Congress voted to overturn Trump-era regulations that allow payday lenders to circumvent state laws that cap interest rates.
In terms of…