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March

24
2023
Industry News

How will the property downturn impact P2P lending?

Investing in property-backed peer-to-peer lending can be a brilliant way to access the housing market without actually having to buy your own property. P2P property lending platforms offer competitive returns to investors who are willing to fund a range of housing projects, from property developments and refurbishments, to buy-to-let portfolios and commercial lettings.

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March

24
2023
Trends

Black Knight's First Look: Prepayments Rebound from All-Time Low; Overall Mortgage Delinquencies Inch Up As 30-Days Late Payments Rise

JACKSONVILLE, Fla., March 23, 2023 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) reports the following "first look" at February 2023 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

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March

24
2023
Industry News

FTC Action Leads to Lifetime Industry Ban for Operators of ‘Extended Vehicle Warranty’ Scam

As a result of a Federal Trade Commission lawsuit, the operators of a telemarketing scam that called hundreds of thousands of consumers nationwide to pitch them expensive “extended automobile warranties” will face a lifetime ban from the extended automobile warranty industry and from all outbound telemarketing.

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March

24
2023
Trends

Fed's Powell warns banking crisis could tighten lending, slow US economy

Federal Reserve Chairman Jerome Powell said Wednesday that recent turmoil in the banking sector will further tighten credit for U.S. households and businesses, taking a toll on economic growth.

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March

24
2023
Industry News

Brown Applauds Second Circuit Ruling on CFPB

WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, released the following statement after the Second Circuit ruled that the Consumer Financial Protection Bureau's (CFPB) funding structure is constitutional.

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