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A Must-Follow Mortgage Loan Processor Checklist

Keep the mortgage loan processor checklist in mind when making financial decisions to help you analyze the financial conditions and compare different offers. Taking the decision to own a property or home is easy. Most people think that the next step is to pick a house and the furniture...

Truth Behind Direct Deposit Loans

When it is the end of the month and payday is still a few days away, there is a high chance of running out of money and requiring a loan. Do you fall in the category of requiring a loan amount on an urgent basis due to unforeseen expenses?...

Understanding High Cost Mortgage Loan

In some cases conventional mortgage loans can be hard to receive especially if interested parties have regular income problems, a very effective option is high cost mortgage loan. Purchasing a house is everyone’s dream throughout their lives. And it is not that hard to fulfill if the person can...

Deutsche Bank eagerly took on clients dumped by JP Morgan Chase. Now it’s facing big fines

The trio of clients that got Deutsche Bank AG in regulatory trouble this week had a shared back story: They were all castoffs of JPMorgan Chase and Co. Deutsche Bank moved millions of dollars across the globe for convicted sex offender Jeffrey Epstein in the past decade, and billions on...

China is testing its digital currency on a new platform—with 500 million users

Chinese ride-hailing giant Didi Chuxing Technology Co. will test a pilot version of China’s digital currency, according to a company statement on Wednesday that announced a “strategic partnership” with the central bank’s Digital Currency Research Institute. The People’s Bank of China (PBOC), China’s central bank, has been researching a national...

Facing a massive income tax hit, Britain puts the heat on bankers to get back to the office

Subscribe to How To Reopen, our weekly newsletter on what it takes to reboot business in the midst of a pandemic. Bankers who waited out Britain’s lockdown beyond the U.K.’s borders are being told by their employers that it’s time to return. Unless they leave vacation homes in France or their...

The mystery of venture capital’s PPP funding

The Trump administration released the list of companies that had received loans aimed at small businesses on Monday—and eyebrows raised when the names of prominent venture capital firms were cited among the recipients. According to the SBA data, Index Ventures and Foundation Capital had each received between $5 million to...

The coronavirus crisis is increasing the risk of bank fraud. Here’s how banks can play defense

Banks have enjoyed something of an unlooked-for reprieve during the COVID-19 crisis. Over the last decade, the industry was subject to increased regulatory scrutiny and public scorn triggered by misconduct scandals. During the coronavirus shutdown, however, banks have been critical partners to policymakers struggling to prevent a full-blown depression....