Nonbank home lending surges in SoFla. Here’s why that might be tricky

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APRA’s funding lever for ‘high risk’ non-bank lending. APRA’s funding lever for ‘high risk’ non-bank lending .. last Friday that there are "credit providers beyond APRA’s remit" and "a tightening in one credit channel may just see the business flow to other providers.

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Is Shift Away From Big Bank Mortgage Lending Good For Consumers?. and there is thus a market need for an alternative mechanism for home financing.". For direct help getting a non-bank loan,

The loan officer told me that he wanted to close the loan by Dec. 1, and I would also need a septic tank inspection (5) and a well test ($45.00) so I ended up losing a total of $770.00." To be fair, these stories aren’t unique to LendingTree. All of the major online lending marketplaces are being exploited in this way.

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