Australia caps high-risk mortgages to stabilise housing
Australia's banking regulator introduces debt-to-income limits on mortgages, capping high-risk lending at 20% to improve housing affordability and financial stability.
Category : Search result: nonbank lending
Nationwide mortgage lending dips after stamp duty rush
Nationwide reports a dip in mortgage lending to £4.7bn but a surge in income to £3.1bn following its Virgin Money takeover. The building society vows to keep all branches open until 2030.
Millions Borrow from Family Amid Cost of Living Crisis
New research reveals millions of UK adults are borrowing from friends and family to cover essential costs. Share your experience with informal lending arrangements.
Risky 'Arm' Loans Make Worrying UK Comeback
Exclusive investigation reveals dangerous interest-only mortgages are returning to Britain's housing market, raising alarm bells among financial experts as economic uncertainty grows.
Major Credit Score Overhaul Hits UK This Summer
Millions of Brits will see their credit scores transformed as new 'onboarding' rules launch this summer. Discover how this financial revolution affects you.
Private Credit: The Shadow Lenders Reshaping UK Business
As traditional banks retreat, private credit is stepping in to fund British businesses. Discover how this $2.1tn shadow banking sector is transforming corporate lending while raising regulatory concerns.
IMF Chief: Non-Bank Lending Risks Keep Me Awake
IMF Managing Director Kristalina Georgieva reveals her biggest economic fear - the explosive growth of non-bank lending that could trigger the next global financial crisis.
LendingTree CEO Doug Lebda Dies at 56
Financial technology pioneer and LendingTree founder Doug Lebda has died unexpectedly at 56, leaving the business world mourning the loss of a visionary leader who revolutionised online lending.
LA Film School Accused of Predatory Lending in Lawsuit
A newly unsealed lawsuit alleges a major Los Angeles film school misled students with false promises of Hollywood careers, trapping them in crippling debt. The case exposes what plaintiffs call a 'predatory' for-profit education model.
Wellness App Offers High-Interest Loans to Low-Paid Workers
Exclusive investigation reveals UK financial wellbeing app targets vulnerable low-wage workers with costly credit products, raising serious ethical concerns about the fintech sector.
Santander eases mortgage rules for UK homebuyers
Santander has relaxed its mortgage lending criteria, allowing borrowers to take on larger loans. Find out how this change could impact your homebuying plans.
Year-long wait for UK motor finance payouts
Motorists across the UK could be waiting over a year for compensation as a major legal battle over unfair motor finance deals reaches the Supreme Court. The Competition and Markets Authority reveals delays in resolving the issue.
Car finance mis-selling scandal could rival PPI crisis
Experts warn that widespread mis-selling in car finance agreements could trigger a compensation wave similar to the PPI scandal, leaving lenders exposed to billions in claims.
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