Markets Insider

There's a rare type of mortgage loan gaining popularity among buyers seeking lower rates.

Homebuyers are flocking to a type of loan that offers a lower mortgage rate. But they often require bigger down payments, and lenders don't like to give them.

Mastercard is enhancing its Open Banking for Lending program, delivered with Argyle, to streamline the lending process and give consumers more agency over their financial lives. With new features, Mastercard has the ability to provide income and employment coverage to the estimated 95 percent of the U.S. workforce who receive payments via direct deposit, ultimately powering smarter and more inclusive lending decisions and helping bring more people into the digital economy.

Mastercard Are Helping More Individuals and Small Businesses Benefit From the Digital Economy Through Open Banking

Modern Treasury, essential infrastructure for the new era of payments, has announced that it has expanded instant payments support for mutual customers of six leading banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. Bank and Wells Fargo. Instant payments, powered by the first new...

Modern Treasury Drives Growth of Instant Payments with Leading Banks

With interest rates sitting at more than two-decade highs and inflation continuing to bear down on consumers, big banks are preparing to face more risks from their lending practices. Suggested Reading. In the second quarter, JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo all raised their provisions for credit...

Banks are bracing for consumers to stop paying off their credit cards

A US banker has admitted to stealing millions of dollars from customers’ accounts in a 15 year-long scheme. The U.S. Attorney’s Office for the Western District of Missouri says 36-year-old Megan Lea Dougherty has pleaded guilty to one count of bank fraud for looting $2.393 million from over a dozen Exchange Bank of Missouri customer accounts.

$2,393,288 Drained From Customers’ Bank Accounts As Insider Falsifies Records, Transfers Funds to Herself and Family: US Department of Justice

Financial Regulation News

The Consumer Financial Protection Bureau (CFPB) has proposed an interpretive rule explaining that many paycheck advance products are consumer loans subject to the Truth in Lending Act. © Shutterstock The guidance will ensure that lenders understand their legal obligations to disclose the costs and fees of these credit products — sometimes marketed as “earned wage” […]
The post New CFPB proposed rule targets paycheck advance products appeared first on Financial Regulation News.

New CFPB proposed rule targets paycheck advance products

Capital One credit card merger class action overview:. Who: Plaintiffs Tyler Baker and Lora Grodnick, both Capital One credit card holders, have filed a class action lawsuit against Capital One and Discover. Why: Baker and Grodnick want to halt a merger between the two credit card companies, saying it will...

Capital One credit card holders file class action over Discover merger

Polk County, FL

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

Fox Business

If Fed rates don't decrease by at least 75 basis points soon, untapped home equity potential could serve as the "lifeline" for the U.S. economy, according to Meredith Whitney.

Expert who predicted 2008 mortgage crisis reveals the housing ‘lifeline’ if market doesn’t get moving

FinanceBuzz

There are plenty of six-figure jobs out there that don’t require you to become a medical doctor. Take a look at these jobs that make more than $100,000 a year.

11 Jobs With Six-Figure Salaries That Don’t Require a Medical Degree


				













	ResumeBuilder.com’s latest research showed that 30 percent of companies that had a recent round of layoffs replace U.S. workers with offshore ones while 24 percent of companies with recent layoffs “plan to terminate and replace U.S. employees with offshore workers in 2025,” the report’s authors said.Sixties Model Peggy Moffitt Dead at 87




	ResumeBuilder.com also found among those companies that replaced laid-off employees with offshore workers, 22 percent indicated that 1 to 10 percent of the laid-off employees were replaced. “About 29 percent reported that 11 to 25 percent were replaced, while 24 percent stated that 26 to 50 percent were,” the...

Businesses Are Replacing Laid-off U.S. Workers With Offshore Employees, Study Reveals

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

New York State

The US Sun

AMERICANS who used the Lyft app during a specific period could qualify for distributions from a recent settlement pot. The direct payment opportunity comes after a class action lawsuit was filed against the ride-share company by the New York State Attorney General (OAG). Lyft was accused in the suit of...

Lyft will send one-time payments from $38m sales tax settlement – but only if you used the app between specific dates

Las Vegas, NV

Bellingham Metro News

LAS VEGAS, NEVADA - A magnitude 4.4 earthquake struck areas near Las Vegas on Tuesday night, according to the United States Geological Service (USGS). The quake, which occurred at 8:06 p.m., was centered approximately 45 minutes from Las Vegas, near Indian Springs.

Magnitude 4.4 Earthquake Shakes Areas Near Las Vegas

Alchemy Pay, the world-leading fiat-payment gateway, has announced a partnership with Mesh, the modern connectivity layer for crypto that makes payments and deposits seamless. Alchemy Pay has integrated the Mesh API into its crypto payment solution, enabling users to purchase goods and services at online and offline merchants using crypto funds from exchanges and wallets. This connectivity with exchanges and wallets is made possible by Mesh’s technology.

Alchemy Pay Partners with Mesh to Enable Direct Crypto Payments from Exchange Accounts and Wallets

New-vehicle buyers are taking out loans averaging almost 70 months. Average new-vehicle APRs increased to 7.3% during the second quarter. Down payments for new vehicles have slightly decreased. A new study has revealed that many new vehicle buyers in the U.S. are being stretched to their financial limits, signing up...

Americans Drowning In New Car Debt, Loans Averaging 70 Months

SmartAsset

Commercial real estate offers many investment opportunities, from office buildings to retail spaces, industrial properties and multifamily apartments, as well as specialized properties like hotels. Each investment has specific benefits and drawbacks, so knowing the differences can help you make informed decisions. If you're interested in investing in commercial real estate, a financial advisor can […] The post 8 Types of Commercial Real Estate Investments appeared first on SmartReads by SmartAsset.

8 Types of Commercial Real Estate Investments

A Dime Saved

Most jobs are stressful. Sometimes, your job is so stressful that you take the day off. However, you still need money, so taking the day off ends up stressing you out too. Making enough money is also stressful, especially if you’re trying to live frugally. Some people thrive off of high-paced, high-stress work environments, but most do not. Luckily, plenty of unique, fun jobs pay well for those who don’t work well under stress.

​​30 Fun Jobs That Also Pay the Bills

DRIVERS are just realizing that they could be saving hundreds on monthly car payments – it’s all in the way a vehicle is purchased. Consumers started considering an alternative way to get automobiles while also avoiding turbocharged auto loan rates and it’s reemerging practice. The auto lease is making a comeback this year as the popularity […]

Tax credit loophole saves drivers $200 on monthly car payments as old buying habits make a comeback – criteria to meet

NewsBreak

Amount’s $30M Investment to Revolutionize Digital Lending for Credit Unions

Credit unions have long faced challenges in deploying digital lending capabilities that match the efficiency and accessibility of larger banks. Amount, a longtime trusted partner to...

Amount’s $30M Investment to Revolutionize Digital Lending for Credit Unions

Comments / 0