First American Financial Leaked 800-plus Million Sensitive Mortgage Documents

A whistleblower and a security researcher have reported a data leak of epic proportions. Their discovery: a trove of more than 800 million mortgage documents overflowing with incredibly sensitive personal data that includes detailed bank account information. GETTY The documents were scanned copies and they were leaking from firstam.com, the […]

House price falls could spill over into small business, financial regulators warn

In its second quarterly statement, the Council of Financial Regulators said it would closely monitor lending to small business and urged banks to maintain the supply of credit to the sector. New lending to small business has slowed noticeably over the past year, and the situation was being complicated by […]

Mortgage rates edge up as politics and economics muddle financial markets

Rates for home loans ticked up but stayed near 2017 lows, mortgage provider Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 4.05%, up three basis points during the week. The 15-year fixed-rate mortgage averaged 3.29%, up from 3.27%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.14%, up one basis […]

Lendingkart to offer its credit risk analytics software to financial institutions

Lendingkart Technologies has built analytics software to evaluate borrowers’ credit worthiness. New Delhi: Lendingkart, an online lender to small and medium enterprises (SMEs), will offer its credit risk analytics software as a service for other financial institutions in 2017, and aim to double its reach in the next six months, […]

Lendingkart to offer its credit risk analytics software to financial institutions

Lendingkart Technologies has built analytics software to evaluate borrowers’ credit worthiness. New Delhi: Lendingkart, an online lender to small and medium enterprises (SMEs), will offer its credit risk analytics software as a service for other financial institutions in 2017, and aim to double its reach in the next six months, […]

Can turn 2,000 gold loan retailers into financial institution branches: Muthoot Finance

Mumbai: The largest pure-play gold mortgage player, Muthoot Finance, which has implemented for banking licence, has stated it is able to effortlessly launch commercial lending commercial enterprise with as many as 2,000 branches. “We’re assured of getting a banking licence from the Reserve financial institution, given our attain in rural […]