#lenders — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #lenders, aggregated by home.social.
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…Because exams are confidential, they can identify — &, ideally, stop — small issues that could otherwise mushroom. The #CFPB’s examiners have forced #banks & other #lenders to return hundreds of millions of dollars to #consumers for improper fees & worthless services, & helped uncover high-profile issues like #WellsFargo’s sham accounts scandal.
#law #corruption #government #oversight #Project2025 #RussVought #Trump
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…Because exams are confidential, they can identify — &, ideally, stop — small issues that could otherwise mushroom. The #CFPB’s examiners have forced #banks & other #lenders to return hundreds of millions of dollars to #consumers for improper fees & worthless services, & helped uncover high-profile issues like #WellsFargo’s sham accounts scandal.
#law #corruption #government #oversight #Project2025 #RussVought #Trump
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…Because exams are confidential, they can identify — &, ideally, stop — small issues that could otherwise mushroom. The #CFPB’s examiners have forced #banks & other #lenders to return hundreds of millions of dollars to #consumers for improper fees & worthless services, & helped uncover high-profile issues like #WellsFargo’s sham accounts scandal.
#law #corruption #government #oversight #Project2025 #RussVought #Trump
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…Because exams are confidential, they can identify — &, ideally, stop — small issues that could otherwise mushroom. The #CFPB’s examiners have forced #banks & other #lenders to return hundreds of millions of dollars to #consumers for improper fees & worthless services, & helped uncover high-profile issues like #WellsFargo’s sham accounts scandal.
#law #corruption #government #oversight #Project2025 #RussVought #Trump
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…Because exams are confidential, they can identify — &, ideally, stop — small issues that could otherwise mushroom. The #CFPB’s examiners have forced #banks & other #lenders to return hundreds of millions of dollars to #consumers for improper fees & worthless services, & helped uncover high-profile issues like #WellsFargo’s sham accounts scandal.
#law #corruption #government #oversight #Project2025 #RussVought #Trump
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#AI is huge. But so is the mania of #hype
"private credit has jumped into te mania to provide further #leverage, lending large amots to #datacenter #startup cos tt plan to build data centers & rent out te computing power; those #loans are backed with #collateral, namely the AI GPUs. No one knows what a three-year-old used #GPU, superseded by new GPUs, will be worth 3 years fr now, when te #lenders might want to collect on their defaulted loan but tt’s te collateral"🤦♂️ #WTF
https://wolfstreet.com/2025/10/10/is-it-really-different-this-time/ -
…#Trump has himself been found actually #liable of #fraud for #lying to #lenders to secure more favorable interest rates on #loans. Judge #Engoron in #NewYork last year found that Trump had inflated his #NetWorth on loan applications, & imposed a fine of about $450 million, including interest now totaling upwards of one billion dollars. Trump has appealed the ruling.
#economy #FederalReserve #law #tariffs #trade #immigration #labor #inflation #recession
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The increased consumer costs from the CFPB's rollback of #regulations on #BankFees, wholesale dismissal of cases against #banks & other #lenders & the failure to disburse funds for harmed #borrowers run counter to Trump's pledges to ease the cost of living, acc/to #Student Borrower Protection Center & #Consumer Federation of America.
Since #Trump took control of the #CFPB in Feb, calling for its elimination, admin ofcls have sought to reduce the workforce by about 90% & curtail its oversight.
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https://newrepublic.com/post/196983/federal-reserve-warning-trump-economy-tariffs
Federal Reserve Warns Trump’s Economy Is About to Get Whole Lot Worse
#Powell #FederalReserve #Fed #us #economy #trump #tariffs #inflation #usa #consumer #retail #tax #spending #business #taxes #banking #lending #lenders #mortgage #rates #bank #creditunion #housing #home #american #families #trumpflation #trumpnomics
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Mortgage rates jump above 7% after Moody’s downgrade of U.S. credit
#us #homebuyer #mortgage #economic #uncertainty #labor #market #refinance #applications #borrowers #rates #usa #mortgage #lending #banking #bankers #lenders #residential #construction #builders #jobs #fanniemae #fannie #freddie #mortgages #families #economy #recession #moodys #credit #rating
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Homebuyer mortgage demand drops further, as economic uncertainty roils the housing market
#us #homebuyer #mortgage #economic #uncertainty #labor #market #refinance #applications #borrowers #rates #usa #mortgage #lending #banking #bankers #lenders #buyers #homes #house #residential #construction #builders #jobs #unemployment #employment
#fanniemae #fannie #freddie #underwriting #mortgages #homeownership #families #economy #recession #stagflation #trumpflation #americans -
Mortgage applications dropped last week as rates shot up
Tariff turbulence is beginning to show up in housing data.
#us #homebuyers #usa #mortgage #rates #mortgages #housing #homes #trump #tariffs #american #family #tax #spending #business #taxes #tariff #trade #mba #bankers #loans #lenders #originators #fha #heloc #families #shelter #americandream #refinancing #refinance #GSEs #treasury #yields #bonds #treasurybonds #interest #finance #financing #economy #economics #uspol #politics #usgov #gov #government
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Mortgage applications dropped last week as rates shot up
Tariff turbulence is beginning to show up in housing data.
#us #homebuyers #usa #mortgage #rates #mortgages #housing #homes #trump #tariffs #american #family #tax #spending #business #taxes #tariff #trade #mba #bankers #loans #lenders #originators #fha #heloc #families #shelter #americandream #refinancing #refinance #GSEs #treasury #yields #bonds #treasurybonds #interest #finance #financing #economy #economics #uspol #politics #usgov #gov #government
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Mortgage applications dropped last week as rates shot up
Tariff turbulence is beginning to show up in housing data.
#us #homebuyers #usa #mortgage #rates #mortgages #housing #homes #trump #tariffs #american #family #tax #spending #business #taxes #tariff #trade #mba #bankers #loans #lenders #originators #fha #heloc #families #shelter #americandream #refinancing #refinance #GSEs #treasury #yields #bonds #treasurybonds #interest #finance #financing #economy #economics #uspol #politics #usgov #gov #government
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I thought they were trying to save money 🤔
Under #Trump, the #Consumer #FinancialProtection Bureau #CFPB has dropped nearly a dozen enforcement cases brought during the #Biden admin, ending lawsuits against #banks & #lenders for a variety of financial practices that the #watchdog agency no longer considers #illegal.
But on Wed, the bureau went a step further: It is seeking to GIVE BACK $105k that a #mortgage lender paid to settle #racial #discrimination claims….
#law
https://www.nytimes.com/2025/03/26/business/cfpb-repay-mortgage-lawsuit.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=6A5655B4-A7D4-4098-AED1-2847DA87EEB0 -
In the 14 yrs the #CFPB has existed, it has challenged #banks on outrageous overdraft fees, taken on payday #lenders, & issued rules to rein in rogue #debt collectors. It created a complaint database to help #consumers seeking to resolve disputes with their #creditors & pursued companies & industries w/ #deceptive marketing & billing practices.
The agency was also laser-focused on making companies communicate w/consumers in plain language.
#Trump #Musk #DOGE #law #regulation #USpol -
Thai authorities revoke visas of #illegal #online #lenders
"Immigration police hv revoked the visas of 12 #Chinese nationals & permanently #blacklisted them follow'g a raid on luxury pool villa tt they say was a base for an illegal online #moneylending business.. e suspects had been based in #Dubai before moving to #Thailand.. The measures r in line w the #government’s #policy to #crackdown on #PRC nationals involved in shady businesses both in 🇹🇭 & neighbouring countries"
https://www.bangkokpost.com/thailand/general/2956776/thai-authorities-revoke-visas-of-illegal-online-lenders -
The loans will come at below-market interest rates, a crucial stipulation as #global #lenders usually charge much higher rates in #Africa, citing higher risks.
In an interview, Ajay Banga, the president of the #WorldBank, cast the initiative in sweeping terms where #economic #development met societal #stability & basic #HumanRights. “Without #electricity, we can’t get #jobs, #health care, skills,” he said. The success of electrification, he said, is “foundational to everything.”
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Eine gute Aussage von Jürgen #Lenders von der #FDP zur Legalisierung von #Cannabis, aber bezogen auf alle Drogen konsumierenden.
„Drogen konsumierende sind keine Kriminellen. Sie brauchen ggf. Hilfe, wenn sie von Drogen weg wollen, aber Kriminelle sind sie nicht“Aber das einzige Ziel, das die #CDU verfolgt ist das Kriminalisieren von Konsumenten. Reiner Populismus, nix weiter.
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The rules set to be announced Tues would ban #credit reporting agencies from incorporating #medical #debt when calculating #CreditScores…. The rules would also bar #lenders from using #MedicalDebt to determine #LoanEligibility, they said.
…~15M Americans have medical #bills on their credit reports, acc/to a study released in April by the #Consumer #Financial #Protection Bureau. …People affected by medical debt disproportionately live in the South or in low-income communities….
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…Rejected by #banks & #lenders over the #Jan6, 2021, #insurrection & his long history of &bankruptcies & #business #failures, #Trump had approved the merger of his company w/a #SPAC as a way to raise money in the months after he lost the WH. Often called “blank check” firms, SPACs promise access to public stock investors w/fewer #FinancialDisclosures than a traditional corporate listing requires.
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Not even supercomputers can crack the codes at the heart of digital cash. But that protection may fade as technology evolves. https://www.japantimes.co.jp/commentary/2024/01/03/world/money-quantum-heist/?utm_content=bufferf5798&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #commentary #worldnews #quantumcomputing #banks #lenders #cryptocurrencies #cybersecurity
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Testimony concluded Wed in a $250M #cuvil #fraud #trial against #Trump & his company in #NewYork state, a case in which the judge may issue a bench verdict in January.
The trial stems from a #lawsuit filed by #NYAG #LetitiaJames (D) last year alleging that Trump & executives at the #TrumpOrganization purposely deceived #lenders & #insurance companies over the course of a decade.https://www.washingtonpost.com/national-security/2023/12/13/trump-new-york-fraud-letitia-james/
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FTX Can Start Mediation, File Counterclaims in BlockFi Bankruptcy Case, Judge Rules - BlockFi filed for bankruptcy in late November last year, in part because of the ripple ef... - https://www.coindesk.com/business/2023/11/14/ftx-can-start-mediation-file-counterclaims-in-blockfi-bankruptcy-case-judge-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #bankruptcy #exchanges #lawsuits #finance #blockfi #lenders #news #ftx
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(The trust was set up to hold #Trump’s business assets during his presidency to avoid conflicts of interest.)
#NYAG questions #DonaldTrumpJr about other certifications re #Trump’s #SFCs they sent to #lenders over several years.
There are more letters to #banks from #Mazars. Each letter, every time says that the #trustees (Jr & #AllenWeisselberg) of the #DonaldJTrumpRevocableTrust are responsible for the Trump's SFCs (oops).
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(The trust was set up to hold #Trump’s business assets during his presidency to avoid conflicts of interest.)
#NYAG questions #DonaldTrumpJr about other certifications re #Trump’s #SFCs they sent to #lenders over several years.
There are more letters to #banks from #Mazars. Each letter, every time says that the #trustees (Jr & #AllenWeisselberg) of the #DonaldJTrumpRevocableTrust are responsible for the Trump's SFCs (oops).
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(The trust was set up to hold #Trump’s business assets during his presidency to avoid conflicts of interest.)
#NYAG questions #DonaldTrumpJr about other certifications re #Trump’s #SFCs they sent to #lenders over several years.
There are more letters to #banks from #Mazars. Each letter, every time says that the #trustees (Jr & #AllenWeisselberg) of the #DonaldJTrumpRevocableTrust are responsible for the Trump's SFCs (oops).
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(The trust was set up to hold #Trump’s business assets during his presidency to avoid conflicts of interest.)
#NYAG questions #DonaldTrumpJr about other certifications re #Trump’s #SFCs they sent to #lenders over several years.
There are more letters to #banks from #Mazars. Each letter, every time says that the #trustees (Jr & #AllenWeisselberg) of the #DonaldJTrumpRevocableTrust are responsible for the Trump's SFCs (oops).
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(The trust was set up to hold #Trump’s business assets during his presidency to avoid conflicts of interest.)
#NYAG questions #DonaldTrumpJr about other certifications re #Trump’s #SFCs they sent to #lenders over several years.
There are more letters to #banks from #Mazars. Each letter, every time says that the #trustees (Jr & #AllenWeisselberg) of the #DonaldJTrumpRevocableTrust are responsible for the Trump's SFCs (oops).
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Lenders to Jet Airways Ltd have raised concerns about their investment, seeking clarity on the investor, Florian Fritsch.
#JetAirways #FlorianFritsch #Investors #Lenders #Business #BusinessNews
https://www.ganganews.com/business/lenders-seek-clarity-on-jet-airways-investor/
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#NYAG #Amer asked #McConney about his use of capitalization or #CapRates, which he used to #value #Trump #commercial assets. (The lower the cap rate, the higher the property value.)
Amer grilled McConney about his communications w/ #DougLarsen, an #appraiser retained by #CapitolOneBank & #LadderCapital, in their capacity as #lenders concerning 40 Wall Street.
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#NYAG #Amer asked #McConney about his use of capitalization or #CapRates, which he used to #value #Trump #commercial assets. (The lower the cap rate, the higher the property value.)
Amer grilled McConney about his communications w/ #DougLarsen, an #appraiser retained by #CapitolOneBank & #LadderCapital, in their capacity as #lenders concerning 40 Wall Street.
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#NYAG #Amer asked #McConney about his use of capitalization or #CapRates, which he used to #value #Trump #commercial assets. (The lower the cap rate, the higher the property value.)
Amer grilled McConney about his communications w/ #DougLarsen, an #appraiser retained by #CapitolOneBank & #LadderCapital, in their capacity as #lenders concerning 40 Wall Street.
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#NYAG #Amer asked #McConney about his use of capitalization or #CapRates, which he used to #value #Trump #commercial assets. (The lower the cap rate, the higher the property value.)
Amer grilled McConney about his communications w/ #DougLarsen, an #appraiser retained by #CapitolOneBank & #LadderCapital, in their capacity as #lenders concerning 40 Wall Street.
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#NYAG #Amer asked #McConney about his use of capitalization or #CapRates, which he used to #value #Trump #commercial assets. (The lower the cap rate, the higher the property value.)
Amer grilled McConney about his communications w/ #DougLarsen, an #appraiser retained by #CapitolOneBank & #LadderCapital, in their capacity as #lenders concerning 40 Wall Street.
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#Habba’s presentation is pure #politics. She attacked the #press corps, & called #Trump the “sitting president.” She didn’t diverge at all from the substance of #Kise’s arguments, but spoke far louder & as if she were addressing a jury, or a television camera.
“These #lenders made money. They made money,” she said. “They were not #defrauded.”
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#Habba’s presentation is pure #politics. She attacked the #press corps, & called #Trump the “sitting president.” She didn’t diverge at all from the substance of #Kise’s arguments, but spoke far louder & as if she were addressing a jury, or a television camera.
“These #lenders made money. They made money,” she said. “They were not #defrauded.”
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#Habba’s presentation is pure #politics. She attacked the #press corps, & called #Trump the “sitting president.” She didn’t diverge at all from the substance of #Kise’s arguments, but spoke far louder & as if she were addressing a jury, or a television camera.
“These #lenders made money. They made money,” she said. “They were not #defrauded.”
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#Habba’s presentation is pure #politics. She attacked the #press corps, & called #Trump the “sitting president.” She didn’t diverge at all from the substance of #Kise’s arguments, but spoke far louder & as if she were addressing a jury, or a television camera.
“These #lenders made money. They made money,” she said. “They were not #defrauded.”
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#Habba’s presentation is pure #politics. She attacked the #press corps, & called #Trump the “sitting president.” She didn’t diverge at all from the substance of #Kise’s arguments, but spoke far louder & as if she were addressing a jury, or a television camera.
“These #lenders made money. They made money,” she said. “They were not #defrauded.”
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#Kise argued that the defendants didn’t mean to #defraud anyone w/disparate property valuations (irrelevant). He calls this the essence of the commercial real estate marketplace, saying “buyers have a view, sellers have a view, none of them are wrong.”
“Everyone has a different opinion as to valuation,” Kise said, summarizing his case after spending a long time explaining that #DeutscheBank, one of the #lenders, did its own due diligence & came up w/ another set of values for certain properties. -
The failures of #SiliconValleyBank and #SignatureBank cost https://www.bloomberg.com/news/articles/2023-03-29/fdic-mulls-squeezing-big-banks-hard-to-plug-23-billion-hole#xj4y7vzkg the #FederalDepositInsuranceCorp. #FDIC almost $23B. The U.S. agency is seeking to shift an unusually large https://www.bloomberg.com/news/articles/2023-03-29/fdic-mulls-squeezing-big-banks-hard-to-plug-23-billion-hole#xj4y7vzkg portion of those #losses to large #lenders. #FinancialCrisis #FinancialStability #SystemicRisk #Banking #SVB
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Shares of Deutsche Bank, Other Euro Lenders Tumble - Deutsche Bank shares plunged on Friday, along with the stocks of other European ba... - https://news.bitcoin.com/shares-of-deutsche-bank-other-euro-lenders-tumble/ #societegenerale #bankingcrisis #regionalbanks #bankinggiant #deutschebank #janetyellen #olafscholz #collapses #collapse #deutsche #european #finance #banking #decline #germany #lenders #crypto #europe #german #shares #stocks #banks #bank #drop #u.s.
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The benefit to #banks from #interestrate rises is waning, as #lenders compete for funds and consumers shift billions of dollars from low-interest accounts into higher-interest #savings accounts and term deposits. #ausecon
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CW: birdsite musk musings
This is a really smart point by @drskyskull . I have assumed that Musk wanted to just wreck #Twitter. ("Oligarchs gunna #oligarch.") He notes that the #lenders might be using #Musk. He'll go down. They will end up with Twitter and maybe also other Musk assets. That would explain why so many lenders were so eager to pony up for this deal.
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@sidneys1 it really is insane.
Lenders are sketchy about closing and paperwork, then they act like I'm dramatic when I call them and ensure we're all locked in with all paperwork signed by all parties like 4 times.