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Taking A Credit-First Approach To Alt Lending 

PYMNTS

However, Tavares said the landscape is shifting, as LendingPoint and other alternative credit products lend their ears — and their money — to underserved populations. Burnside got his start in small business lending. Already the market was generating $1 billion in personal loans each month. “It Back to Basics.

Lending 143
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Why Diversification Fails at Banks

South State Correspondent

The thinking is that diversification-induced lending leads to banking resiliency. We believe that while lending diversification leads banks to lend more in normal times (especially for banks over $50B in assets) and does benefit the general economy, community banks should be careful in how and where they choose to diversify.

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Why Diversification Fails at Banks

South State Correspondent

The thinking is that diversification-induced lending leads to banking resiliency. We believe that while lending diversification leads banks to lend more in normal times (especially for banks over $50B in assets) and does benefit the general economy, community banks should be careful in how and where they choose to diversify.

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Sub-Prime Lending’s Late-Year Bounce

PYMNTS

In 2016, the market experienced a pullback as lenders slowed or stalled sub-prime originations,” Komos said. In some areas, the growth in sub-prime lending matches overall growth in the segment, with credit cards and personal loans as the best example. It shows the resiliency of the market.”. percent to 18.63 It never happened.

Lending 188
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Let's retake the mortgage market!

Jeff For Banks

New rules aside, we were not that significant in the mortgage market anyway. So we opened the door, let the competition through, and we ceded the mortgage market to brokers, specialists, and the government. For example, volumes were down in my home state of Pennsylvania from 2009 through 2010, the latest year HMDA data is available.

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Should Congress Increase FDIC Insurance Limits?

South State Correspondent

private and public lending markets are the world’s envy, with a wide availability of financing options for many capital seekers across the entire capital stack. We believe any change to the FDIC insurance coverage should aim to maintain and advance our credit markets.

FDIC 195
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4 challenges banks and credit unions are facing today

Abrigo

As the market has shifted from 2009, almost every bank wants to grow, and they are receiving pressure to do that,” says Peter Brown, director of strategy and operations for the financial institutions division at Sageworks. Speed to market is critical,” Brown says. “An