The hottest Loans Substack posts right now

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MBA: Mortgage Delinquencies Increased Slightly in Q4 2024

CalculatedRisk Newsletter • 43 implied HN points • 06 Feb 25
💰 Finance Mortgage Delinquency Loans Banking
  1. Mortgage delinquencies slightly increased to 3.98% in Q4 2024 compared to the previous quarter. This means more people are missing their mortgage payments.
  2. FHA and VA loans are seeing a bigger rise in delinquency rates compared to conventional loans. This is concerning, especially as the gaps in these rates are growing.
  3. States like Florida and South Carolina had the largest increases in delinquency rates. Natural disasters, like hurricanes, may be partly to blame for this rise.

Top Links 539 Peru's blueberry boom. El Salvador's $1 billion US-backed loan & the legacy of migrant jails.

Chartbook • 371 implied HN points • 23 Oct 24
💰 Finance Investing Economics Loans Trade Market Trends
  1. Peru is seeing a big increase in blueberry production, which is good for its economy. Blueberries are becoming a popular export from the country.
  2. El Salvador has received a $1 billion loan from the US, which is aimed at improving economic conditions. This is part of a larger effort to support the country's development.
  3. There is ongoing discussion about the long-lasting effects of migrant jails. These facilities have complex legacies that affect many communities.

SITREP - 12/26/23

THREE SEVEN MAFIA • 919 implied HN points • 26 Dec 23
💰 Finance Payments Budget Loans
  1. Stripe Capital is causing issues by not processing payments, leading to a need to migrate elsewhere.
  2. The author experienced financial troubles, including fraudulent charges and a drained checking account.
  3. Despite challenges, the author plans to continue creating content and maintaining a positive outlook.

Credit Crunch Tsunami Hits Land

cryptoeconomy • 668 implied HN points • 22 Apr 23
💰 Finance Loans Mortgages
  1. Credit crunch is hitting various sectors like car loans, housing, and business loans.
  2. Banks are cutting off car loans due to difficulty in getting buyers approved, affecting dealers.
  3. Mortgages are in a critical state with plunging applications, high debt ratios, and increasing defaults.

FHFA Announces Baseline Conforming Loan Limit Will Increase to $806,500

CalculatedRisk Newsletter • 28 implied HN points • 03 Dec 24
💰 Finance Housing Loans Real Estate Market Trends Regulations
  1. The baseline conforming loan limit for 2025 is being raised to $806,500, which is about $40,000 more than last year. This means people can borrow more for buying homes without needing special approval.
  2. In high-cost areas, the loan limit can go up to $1,209,750 for one-unit properties. That's because home prices in those places are higher than average.
  3. The FHA also has its own loan limits ranging from $524,225 in low-cost areas to $1,209,750 in high-cost areas. These limits help make affordability better for those getting loans guaranteed by the FHA.
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DeFi Debt Crisis: The Great Curve Loan

DeFi Education • 419 implied HN points • 15 Jun 23
🔮 Crypto DeFi Loans Ecosystem Finance
  1. Michael Egorov, the founder of Curve Finance, is facing potential liquidation due to $100 million in DeFi loans. This situation has raised concerns in the financial community.
  2. DeFi involves borrowing and lending through decentralized platforms, and understanding these mechanisms is key to navigating the market.
  3. The outcomes of this situation could significantly impact the overall DeFi ecosystem, especially regarding investor confidence and market stability.

No LOVE at Maker

DeFi Education • 599 implied HN points • 12 Jul 22
🔮 Crypto DeFi Governance Investing Loans Blockchain
  1. A big loan proposal was approved at MakerDAO, even though some people had serious worries about it. This shows that sometimes, important decisions in finance can happen without enough scrutiny from all members.
  2. The decision-making process at MakerDAO is influenced by a few powerful individuals who hold a lot of MKR, which can lead to unfair practices if not balanced.
  3. There was an experimental group, called the Lending Oversight (LOVE) unit, which raised objections to the loan, but their concerns were overlooked, highlighting a gap in governance within the organization.

Affirm's Earnings: Funding Costs Soar 223% Year Over Year

Fintech Business Weekly • 126 implied HN points • 28 May 23
💰 Finance Earnings Funding Loans Expenses
  1. Affirm's funding costs increased by 223% year over year due to rising rates and increased funding debt.
  2. Affirm's revenue saw a modest increase, with interest income and virtual card revenue offsetting declines in other areas.
  3. Households are facing declining financial well-being, with expenses outpacing income and savings dwindling.

It's Getting Harder to Get a Loan

The Sunday Morning Post • 39 implied HN points • 25 Jun 23
💰 Finance Loans Interest Rates Economy Banking
  1. Banks are making it harder to get a loan due to higher interest rates and tightened lending standards across all loan categories.
  2. Rising deposit costs are influencing banks to be more selective in lending, preferring customers with deposits in their institution.
  3. Banks are tightening lending standards to protect themselves, leading to fewer loans offered and increased charges, covenants, collateral requirements, and reduced loan sizes.

Alert: Central Bank of Nigeria Circular FPR/DIR/PUB/CIR/001/039

RegAlert • 0 implied HN points • 28 Jan 22
💰 Finance Regulation Banking Loans Recovery Debt
  1. The Central Bank of Nigeria Circular FPR/DIR/PUB/CIR/001/039 emphasizes the implementation of Global Standing Instruction (GSI) guidelines by financial institutions to manage loan defaulters and enhance credit repayment culture.
  2. The circular mandates that recovery attempts through the GSI platform should now be continuous and unrestricted, ensuring persistent efforts until the loan is fully repaid.
  3. Financial institutions are reminded to adhere to the guidelines outlined in the circular and make necessary adjustments as per the instructions provided.

2023 Bank Term Funding Program Tutorial: A Step-by-Step Guide for CFOs and Bank Owners

The Tweetsift Report • 0 implied HN points • 17 Mar 23
💰 Finance Banking Loans Documentation Tutorial
  1. The Bank Term Funding Program offers loans up to one year with specific eligible collaterals like U.S. Treasuries.
  2. To participate, banks must follow a step-by-step process including confirming eligibility and submitting required documentation.
  3. Operating Circular No. 10 outlines essential documentation needed, like legal documents and financial statements, for participation in Federal Reserve Programs.

How does banking work?

Logos • 0 implied HN points • 27 May 24
💰 Finance Banking Investments Loans Payments Regulations
  1. Banks don't just hold your money; they lend it out and invest it to earn interest. When you deposit money, the bank essentially sees it as a loan from you.
  2. Finance has important roles, like reducing risk and helping money flow to better opportunities. This means finance can make the economy more productive.
  3. Banks create money by giving out loans based on deposits, not by just moving your cash around. This process helps fund things like homes and businesses.