Tag: Lenders

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Wells Fargo mortgage lenders probed over racial discrimination

Wells Fargo mortgage lenders probed over racial discrimination

People pass by a Wells Fargo bank on May 17, 2023 in New York City.Spencer Platt | Getty ImagesWells Fargo was snared in an industrywide probe into mo [...]
BlockFi, FTX Can Start Mediation, File Counterclaims as Automatic Stay Is Lifted by U.S. Judge

BlockFi, FTX Can Start Mediation, File Counterclaims as Automatic Stay Is Lifted by U.S. Judge

The stay has been modified to allow FTX debtors to make "arguments, defenses, counterclaims, setoffs, or otherwise ... with respect to the BlockFi cla [...]
Regional bank shares slump as lenders warn of pain from high rates

Regional bank shares slump as lenders warn of pain from high rates

Signage is displayed outside of a Comerica Bank branch in Torrance, California, on March 13, 2023.Patrick T. Fallon | AFP | Getty ImagesStock Chart Ic [...]
Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?

Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?

After bankruptcies tore apart the crypto lending, the industry is attempting to rebuild in a sustainable and accountable manner. www.coindesk.com [...]
Genesis lenders call DCG agreement ‘wholly insufficient’

Genesis lenders call DCG agreement ‘wholly insufficient’

The lenders of the bankrupt cryptocurrency lender Genesis are not satisfied with the latest in-principle settlement agreement with other parties inclu [...]
Turkey Sets Target for Lenders to Reduce FX-Linked Deposits

Turkey Sets Target for Lenders to Reduce FX-Linked Deposits

Turkey took the first step away from a tool introduced to arrest currency depreciation, as the central bank set a target for banks to reduce their sha [...]
Ripple (XRP) Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says

Ripple (XRP) Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says

The XRP ruling could impact creditor repayments for holdings of Celsius’ token CEL, given U.S. bankruptcy rules which apply a mandatory downgrade to c [...]
5 peer-to-peer (P2P) lending platforms for borrowers and lenders

5 peer-to-peer (P2P) lending platforms for borrowers and lenders

Peer-to-peer (P2P) lending, which links borrowers and investors directly, has become a well-liked substitute for traditional banking. P2P lending netw [...]
Alameda Seeks to Recover $446M in Crypto Paid to Voyager After Lender’s Bankruptcy

Alameda Seeks to Recover $446M in Crypto Paid to Voyager After Lender’s Bankruptcy

Voyager had 10 different loan sheets with Alameda at the time it filed for bankruptcy, the filing said. In various filings in September and October 20 [...]
Why Do Crypto Lenders Keep Blowing Up?

Why Do Crypto Lenders Keep Blowing Up?

Before the market downturn, lending was big business for the crypto industry. Celsius, sometimes called a “neobank,” accrued over $11 billion assets o [...]
Turkish central bank warns lenders against FX transactions during ‘off hours,’ other issues -letter By Reuters

Turkish central bank warns lenders against FX transactions during ‘off hours,’ other issues -letter By Reuters

© Reuters. FILE PHOTO: A logo of Turkey's Central Bank is pictured at the entrance of its headquarters in Ankara, Turkey October 15, 2021. REUTERS/ [...]
Reuniting Borrowers and Lenders on DeFi

Reuniting Borrowers and Lenders on DeFi

Well, Morpho has a thorny relationship with its pool-oriented peers. It relies on Aave and Compound pools when individual borrowers and lenders can’t [...]
Reuniting Borrowers and Lenders

Reuniting Borrowers and Lenders

Well, Morpho has a thorny relationship with its pool-oriented peers. It relies on Aave and Compound pools when individual borrowers and lenders can’t [...]
Mortgage lenders halt some deals after pound falls

Mortgage lenders halt some deals after pound falls

Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said if interest rates rise as predicted, the average household refinancing a two-year fi [...]
Hodlnaut Judicial Managers Weigh Unwinding Crypto Lender’s Assets Before Ethereum Merge

Hodlnaut Judicial Managers Weigh Unwinding Crypto Lender’s Assets Before Ethereum Merge

According to the statement, a particular risk of the Merge, which looks set to go ahead on Thursday, relates to so-called pricing oracles, which feed [...]
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