Post Tagged with: "Wall Street"

Lending Club Shares Remain Under Pressure

Lending Club Shares Remain Under Pressure

by May 13, 2016 at 11:19 am 0 comments

The firing of Renaud Laplanche at Lending Club has not stemmed the stock’s decline, and some market observers are starting to say that the online marketplace company might go into a financial “death spiral.” The issue was and is trust. Apparently, the errant sale of loans to Jefferies & Co. was notRead More

Does Ethos Deal Mean Mortgages Are Hot?

Does Ethos Deal Mean Mortgages Are Hot?

by April 8, 2014 at 1:34 pm 0 comments

We were lamenting the lack of innovation in the mortgage industry — and then two startups pop up. So it goes in the fintech startup bubble. First, startup SoFi recently raised $80 million (yes, you read that number right) and promptly announced that it would start marking mortgages. Then, FenwayRead More

A Call for National Electronic Financial Records

A Call for National Electronic Financial Records

by October 26, 2012 at 9:58 am 2 comments

I was watching Brett King’s enlightened video introducing his new book this morning, and I found myself nodding in agreement. Yes, the central value proposition of branches seems flawed. But then I pulled up the mortgage refinance “information questionnaire” my loan broker recently sent me. See, I want to refinanceRead More