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New York Property Moguls Get Creative as Big Banks Curb Lending

2016-10-11 20:18:00| National Real Estate Investor

Its tougher out there for New York Citys commercial real estate developers seeking cash for their latest projects. read more

Tags: york big property creative

 

Part 3: Banks Tighten Construction Lending

2016-10-03 15:49:00| National Real Estate Investor

The impact from the new HVCRE loan requirements is already being felt. read more

Tags: part construction banks lending

 
 

Anger in China over peer-to-peer lending losses

2016-09-27 02:39:02| BBC News | Business | UK Edition

Anger has been boiling over in China over the controversial practice known as peer-to-peer lending, with investors in one firm saying they have lost tens of millions.

Tags: china losses anger lending

 

Payday firm CFO Lending forced to repay 35m to borrowers

2016-09-19 12:42:32| BBC News | Business | UK Edition

Payday lending business CFO has been forced to repay 35m to its borrowers for a catalogue of wrongdoings.

Tags: firm forced lending payday

 

Truth-Telling in Auto Lending is Coming: Blockchain Technology & Smart Contracts May Replace Your Auto Finance Guy, Controller, & Maybe F&I & Floor Planning at the Dealership.

2016-09-02 00:16:20| AutomotiveDigest.com - Automotive Industry News

SITUATION: Blockchain Tech to be Auto Lending Game Changer: Mashes up cryptography & peer-to-peer networking. Creates a shared database of transactions & other information. A blockchain is an ever-lengthening chain of blocks of data. Toyota Financial Services has used Blockchain & smart contracts. Delinquent auto loans automatically transfer ownership & loanee cant use the car. All parties to know all about auto loans, rates, apps, stips, & fine print. SIGNIFICANCE: Blockchain could reduce need for businesses to organize as companies. Collaborators will work together as free agents instead of under bosses. Blockchain could replace bankers, accountants, & lawyers, escrow accounts, insurance, & verification of payments & performance of contracts. Truth-telling feature of Blockchain makes it enormously useful to banks. Ethereum, goes beyond ledger function; Works more like Google Docsshares SW that can be used by all but is tamperproof. Start getting up to speed on BlockChain with an in-depth Bloomberg article. ______________________________________________________________ The Article Truth-Telling in Auto Lending is Coming: Blockchain Technology & Smart Contracts May Replace Your Auto Finance Guy, Controller, & Maybe F&I & Floor Planning at the Dealership. appeared first on Automotive Digest.

Tags: the at technology auto

 

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