Lending and Consumer Credit Trends
Underwriting, servicing, collections, and the disclosure rules that govern consumer credit in the US.
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Commerzbank Enters Formal Takeover Talks with UniCredit
Commerzbank has agreed to engage in acquisition discussions with Italy's UniCredit after months of resistance, opening the door to a cross-border European banking consolidation that would reshape the continent's commercial banking landscape. A completed deal would rank among…
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Equifax Acquires Mexican Credit Bureau Círculo de Crédito for $750M
Equifax has agreed to buy Círculo de Crédito, Mexico's fastest-growing credit bureau, for $750 million, marking a major expansion into Latin American credit infrastructure. The deal reshapes the competitive landscape for credit data in one of the region's largest emerging…
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CFPB Formally Rescinds Special Purpose Credit Program Guidance
The CFPB published a Federal Register filing revoking its 2020 guidance clarifying how for-profit lenders could use special purpose credit programs to serve disadvantaged borrowers. Operators extending credit to underserved segments must reassess compliance frameworks now that…
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Figure Technology Acquires Real Estate Lender Kiavi for $717M
Blockchain-based capital marketplace Figure Technology has agreed to buy Kiavi, an AI-powered residential real estate lending platform, for $717 million. The deal consolidates two tech-forward lenders and signals continued consolidation in the non-bank mortgage origination space.
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Exclusive: Goldman Sachs Leads $60M Series C For Personal Loan Fintech Kashable
Kashable, a fintech that provides access to “socially responsible” credit and financial wellness programs for employees as a voluntary benefit, has secured $60 million in a Series C funding round led by Goldman Sachs Alternatives’ Sustainable Investing.
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Basel draft leaves nonbank warehouse financing in limbo
A new Basel III proposal offers mixed results for warehouse lending, with some risk-weight relief for banks but tougher terms that could crimp credit availability for nonbank mortgage lenders.
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U.S. Bank, Mastercard take Amazon's small-business cards from Amex
The Minneapolis-based bank will issue the cards, and Mastercard will act as the network provider. American Express formerly ran the e-commerce giant's business credit card programs.
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2025 HMDA Data on Mortgage Lending Now Available
The 2025 HMDA Loan Application Register data can be found on the FFIEC's HMDA Platform.
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Fuse — Series A
AI-native lending platform Fuse raises $25M to disrupt credit union loan origination
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Octane — Series F
Point-of-sale lending platform raises $100M at $1.3B valuation led by Valar Ventures. $7B+ in loans originated through Roadrunner Financial subsidiary.
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BNPL Reaches $70B in U.S., Regulatory Patchwork Emerges
U.S. BNPL loans hit $70B with 53.6M consumers. Federal oversight receded under Trump; states creating their own rules — New York enacted strict BNPL Act while Nevada eased requirements. Late payment rates at 34-41%.
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Upgrade — Series G
Neobank/lending platform (checking, loans, BNPL Flex Pay) raises $165M at $7.3B valuation led by Neuberger Berman. 7.5M customers, eyeing IPO.