Direct lenders

Evergrande Stocks in China Hit 11-Year Low | Magnet

Evergrande shares plunged to their lowest level in 11 years, extending losses as executives try to save its trading outlook and default fears grow amid a looming payment bond maturity this week . Evergrande has struggled to raise funds to pay off its many lenders, suppliers and investors, with regulators …

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Pandemic fuels financial crime, Central Bank of UAE says

The Covid-19 pandemic, which rocked financial markets and triggered economic chaos last year, has increased the risk of money laundering and terrorist financing, fraud, cyber attacks, bribes and corruption throughout the financial system, according to the UAE Central Bank. The use of e-commerce services and virtual currencies for money laundering; …

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A new declaration of independence

The American people have become abjectly dependent on other people and other “things” to inform, control and direct their lives. It is ironic that our long, slow march towards slavery strikes people of all colors and all classes and happens just as we are bragging about our hyper-individual identity, our …

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Distressed customers face credit problems

According to an Auckland-based advisor, clients making mortgage deferral requests during foreclosure have been told their difficult situation will affect their credit rating. Friday, September 17, 2021, 9:59 a.m. Unlike last year, when the government and Reserve Bank loan deferral program gave borrowers leeway to request deferrals, lenders would take …

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Using AI for Credit Risk Assessment to Improve Results

With American consumer debt climb to over $ 14 trillion, to avoid costly defaults, lenders need to filter credit risk more accurately than ever. Traditional portfolio analysis is not enough to understand the complex factors that contribute to credit risk. Instead, lenders need to take a more holistic approach to …

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Black Knight Introduces LoanCatcher, a Cloud-Based All-in-One Loan Creation System Designed Specifically for Mortgage Brokers

Integrated with high-performance digital tools used by the country’s top performing lenders – Completely cloud-based, LoanCatcher gives brokers affordable access to the same level of technology leveraged by the nation’s largest and most successful lenders – An end-to-end solution for mortgage brokers, the LoanCatcher Loan Origination System (LOS) includes several …

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