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Why is U.S. Bank Extending Home Improvement Loan Terms

2 months ago

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UMH PROPERTIES, INC. AMENDS AND EXTENDS ITS EXISTING UNSECURED REVOLVING CREDIT AGREEMENT

UMH Properties, Inc. amended and extended its unsecured revolving credit facility with a syndicate led by BMO, JPMorgan, and Wells Fargo. This agreement updates the REIT's existing credit terms to sup...

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LendingClub Expands Into Home Improvement After Q1 Originations Jump 31%

LendingClub originations rose 31% in Q1 as the company prepares to rebrand as Happen Bank. The firm is expanding its lending portfolio into the home improvement sector to drive further growth across i...

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Are Bank Regulations Being Weakened At The Worst Possible Moment?

Three federal proposals could reduce bank capital buffers by tens of billions of dollars. Critics argue the timing is poor, as the anticipated surge in mortgage lending is unlikely to materialize desp...