New York Community’s loss wider than expected
A 42% drop in net interest income, continued costs from its merger with Flagstar Bank and the sale of its mortgage warehouse business weighed on the third-quarter results.
Buying a home has never been harder. Some fintechs say they can help.
Esusu, Foyer, Divvy Homes and Tomo Mortgage are among the fintechs trying to give first-time homebuyers a break, alongside community development financial institutions like Southern Bancorp.
Townstone Financial agrees to settle redlining case
The Chicago-area lender, which at first was able to get the suit quashed, agreed to end the discrimination case by paying a $105,000 fine.
Why Marqeta became a BNPL matchmaker
The payment company is connecting installment lenders with borrowers who may be looking for a product instead of a specific company.