Parallel Capital Is the New Borrower for Clearpool

Clearpool published a blog post to announce that it has a new single borrower pool – Parallel. It will be available soon on the Clearpool Polygon Market. The pool is being launched by Parallel Capital...

Maple Finance Says Lenders May Have to Wait for Borrower Repayments

Lending platform Maple Finance has become the latest firm to face liquidity problems. The platform posted an update on its website in a post titled “Managing liquidity for lenders and borrowers,” sayi...

Biden open to canceling $10,000 in student loans per borrower — what that means for your budget, credit score and tax bill

If $10,000 vanishes from your student debt, you may want to celebrate. This is a question millions of student loan holders may be facing soon if President Joe Biden proceeds with a controversial plan ...

Biden May Cancel ‘Some’ Student Debt—But Rules Out Canceling $50,000 Per Borrower

Topline President Joe Biden said Thursday he’s considering canceling “some” debt for federal student loan borrowers, but added he is not looking to cancel $50,000 in debt per borrowe...

Wells Fargo Sued by Black Borrower for Refinance ‘Redlining’

(Bloomberg) — Wells Fargo & Co. was sued for discriminating against Black homeowners by relying on a modernized version of “redlining” that allegedly denied them lower interest rates through...