Subprime Mortgage Lending - Regulators Tighten Restrictions
Jane A. Smith said:
The first issue of concern is improved communication to subprime borrowers about the real, hidden cost of their adjustable rate mortgage (ARM) loans. This kind of loan is often suggested to subprime borrowers because the introductory rate of interest is so low, often called a “teaser rate”. Before the appearance of [...]
Would this bill cause payday lending to become unprofitable & no longer exist?
Healthy Person asked: Currently in Ohio, the cap on payday loans is 391%.
In Ohio, Issue 5 on the ballot will put a cap on the interest rates to 28%.
Arguments against this bill suggest that this would make payday lending unprofitable, and therefore cease to exist.
Do you think that theory is true? How likely is it [...]
Anyone know of a good inexpensive way to learn Commercial lending?
eltoro asked: I have done residential mortgages in the past, and would like to get into Commercial loan brokering. If I could find some inexpensive materials that would teach me how to evaluate a loan or put together a package, etc…it would be tremendous.
Asset Based Lending- Gaining Popularity Amongst Canadian Industries
Kris Koonar asked: Asset based lending in a layman’s language refers to securing a loan against pledging an asset engaged in the business. It is a straightforward process of correlating the borrowing firm’s assets to its liquidity requirements. Revenue generation via asset based lending made its foray into the Canadian markets roughly 18 to 19 [...]
Recent Comments