Sentences with phrase «increase lending to»

These cards are offered as a way to incentivize and increase lending to all, including those who are less credit savvy and wind up paying late fees and interest.
Banks are now motivated to increase lending to homebuyers to fill that revenue gap.
Banks are motivated to increase lending to homebuyers because of a decline in refinancings.
The hope of Mr Osborne and of the Business Secretary Vince Cable is that the banks will make binding promises to increase lending to smaller businesses and charge those businesses less for credit.
Delegates also voted to campaign to make all banks, whether owned by the taxpayer or not, to increase their lending to businesses and to councils to fund a massive council house building programme.
Following a Superfunds Round Table last November hosted by Visy and The Australian Financial Review at which business leaders and financiers backed a push for super funds to increase their lending to companies, a leading fund manager said that more discussions were taking place between lenders, borrowers and intermediaries.
Prins writes that the largest Wall Street banks «that inhaled this cheap money were not required to increase their lending to the Main Street economy as a condition of the availability of that money... Wall Street used its easy access to cheap money to increase speculation in derivatives and other complex securities.
The Small Business Administration starts a new program with banks to increase lending to veterans.
In Private Wealth Management, we have increased our lending to our existing Private Wealth Management clients, growing our funded loans balance to about $ 24 billion in 2017 or a 15 percent increase year - over-year.
They have put increased lending to small businesses, disclosure of pay packages of the most highly paid, better treatment of customers, restraint over bonuses and more money to social lending, such as a Big Society bank, at the heart of any deal.
In fact, over this time period, Sallie Mae increased lending to students attending for profit schools by by 26,000 %, saddling these borrowers with billions [of dollars] of debt they could not pay.»
How is this different to the Federal Home Loan Bank system massively increasing its lending to entities like Countrywide?
One of these glimmers is the increased lending to small businesses.
The white paper, The U.S. Housing Market: Current Conditions and Policy Considerations, calls for increased lending to creditworthy home buyers and more loan modifications, mortgage refinancings, and short sales to reduce the rising inventory of foreclosed homes and help stabilize and revitalize the housing industry; an approach long recommended by NAR to help spur the housing market recovery.
During the Mortgage Bankers Association's annual conference, Watt said FHFA will release guidelines «in the coming weeks» to allow increased lending to borrowers with down payments as low as 3 percent.
Echoing recommendations outlined in the a Federal Reserve white paper released Jan. 5, Bernanke called for increased lending to creditworthy home buyers and more loan modifications and mortgage refinancings to help revitalize the housing industry and economy.
Increased lending to creditworthy home buyers and more loan modifications and short sales are necessary to reduce the rising inventory of foreclosed homes and help stabilize and revitalize the housing industry and economy, according to the National Association of REALTORS ®.

Not exact matches

So, we asked those banks, which make it their business to lend to small business, how entrepreneurs can increase their chances of securing loan dollars.
As accessing capital becomes increasing difficult for Canadian entrepreneurs — especially those who are considered particularly risky by Canada's big banks — other approaches, such as developmental lending, ought to be taken more seriously.
In general, critics seem to say that the downpayment requirement would restrict lending without doing much to increase the safety of the financial system.
We went out to the top 13 banks and got a pledge from them to increase their lending over three years by $ 20 billion.
As lending to businesses increases, the percentage of overdue loans is increasing, even as the total rate of non-current loans has been going down.
In particular, online lending to small businesses is expected to increase in 2016.
Since its formation, the task force has made great strides in facilitating increased investigation and prosecution of financial crimes; enhancing coordination and cooperation among federal, state and local authorities; addressing discrimination in the lending and financial markets; and conducting outreach to the public, victims, financial institutions and other organizations.
The reports states, «The prevalent accessibility of technology, coupled with the popularity of competitions such as walking challenges, lends itself to increased employee social interaction.
Commercial and industrial lending is increasing for larger companies, but according to the Thompson Reuters / Pay Net Small - Business Lending Index, the number of traditional bank loans to small businesses has fluctuated wildly over the past year.
According to statistics from Harvard Business School, although the total volume of small - business bank loans decreased by 3.1 percent in 2014, small - business online lending increased twofold.
Technology is finally driving smarter lending at scale and businesses effectively leveraging this credit innovation will give themselves a leg up in their markets to prepare for the shopping influx, increase sales and meet the growing demands of their customers this critical holiday shopping season.
Zakrzewski said there are different patterns lending to increased wealth across regions.
«Increasing access to capital for small businesses, and getting rid of Dodd - Frank — it's not a one - to - one,» adds Mills, now a senior fellow at Harvard Business School and the lead author of a comprehensive 2014 working paper on the state of small - business lending.
If the funds are obtained through increased government borrowing, then the purchasers of this increased supply of government bonds will be curtailing their lending to other borrowers / spenders or will curtail their own spending in order to purchase the government bonds.
After talks collapsed, the European Central Bank said it wouldn't increase its emergency lending to Greece's banks.
Their consumer loans in the year to February increased by about 3 percent, while non-bank lending to households during the same period soared by 9 percent, showing that banks» sluggish consumer lending is not a question of a weak loan demand.
Possible reasons for the increased lending activity include lower levels of regulation at smaller banks than at their larger counterparts, recent movement of lending staffers from large banks to small banks and an increased willingness of smaller banks to take on credit and interest risk, the report says.
The spotlight in Asia fell on the BOJ, which doubled its inflation target to 2 percent and adopted an open - ended commitment to buy assets, surprising markets that had expected another incremental increase in its 101 trillion yen ($ 1.12 trillion) asset - buying and lending program.
In what is widely seen as a watershed moment, the Bank of Japan on Tuedsay doubled its inflation target to 2 percent and made an open - ended commitment to buy assets from next year, surprising markets that had expected another incremental increase in its $ 1.1 trillion asset - buying and lending program.
A lot of market strategists were pointing to bank stocks as the sector that would benefit the most from interest rate increases, since higher interest rates would boost lending profits.
«Through this increased investment and connections with community lending organizations, we are making meaningful strides toward increasing access to capital for small businesses, as well as helping more business owners get the coaching and educational resources they need to succeed financially long - term.»
When Beijing wants to increase investments in strategically important nations, such as Thailand or South Africa, it can put pressure on China's major banks, all of which are linked to the state, to boost lending to Chinese companies operating in those nations.
While federal funds rate changes don't directly impact peer - to - peer (P2P) loan interest rates, lending platforms may begin increasing their rates.
«Peer - to - peer lending platforms play an important role because they increase the amount of capital for small businesses by creating new sources of loan capital, more sophisticated credit models, and efficient access,» said a spokesperson for Mr. Leal's office.
In China, slowing economic growth convinced the central bank to take its foot off the monetary brake for the first time in three years by increasing the lending capacity of its commercial banks.
After Reuters reported in December that the CFPB might be slowing its investigation into Wells Fargo's mortgage lending abuse, President Donald Trump hit back on Twitter, calling for fines and penalties to be «pursued and, if anything, substantially increased
A surge in acquisitions by large Chinese companies in recent years has increased worries that several of them, which rely on borrowed money for their large purchases, could pose a risk to the banks that lend to them.
However, use of the Federal Reserve's securities lending program has been stable since liftoff, suggesting that the design of the ON RRP facility has thus far not contributed to any increase in the scarcity of specific Treasury collateral.
We also like U.S. bank stocks, with steeper yield curves set to boost lending margins, and prospects for deregulation and increased payouts.
Funds raised by lending sites increased 111 percent to $ 1.2 billion, while equity crowdfunding, the growth of which has been limited by regulation governing selling shares to the public, was the smallest chunk, providing $ 116 million.
Patch of Land's lending platform achieves their mission to reduce the cost and increase the efficiency of getting these deals approved and funded.
Increasing interest rates is supposed to cool an «overheated» economy by slowing loan growth, but lending is not growing today.
It was designed to encourage lending to households and businesses at a time when banks were facing increasing funding costs, which meant that borrowers weren't getting the full benefit of low policy rates.
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