Category: Home Loan News
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Role-Based Cybersecurity Training Vital for Financial Institutions’ Security
Annual cybersecurity training has become a standard practice in many industries, including finance, where compliance is crucial. However, ensuring real security goes beyond mere regulatory checkboxes. Ryan Witt, from Proofpoint, emphasizes the distinction between security and compliance at the user level, highlighting the need for tailored cybersecurity training to effectively safeguard data and institutions. CCNA…
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Pennsylvania Department of Banking Enhances Consumer Financial Protection
The Department of Banking and Securities in Pennsylvania plays a crucial role in regulating financial services within the state. Established with a mission to ensure that consumers and businesses are well-informed about the financial industry, the department works diligently to uphold integrity and protect stakeholders in the ever-evolving financial landscape. With a vision to be…
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National Library Service Enhances Resource Sharing in Australian Libraries
In recent news, the National Library of Australia has introduced a new National Resource Sharing service designed specifically for the Australian context. This service facilitates the sharing of library collections among institutions that are Trove Partners, enabling inter-library loans and document copying services. YUEHISY Mini QR Code Scanner, Bluetooth 2D 1D Barcode Scanner, Cordless Bar…
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CommBank Yello for Business: Empowering Small Enterprises with Savings
CommBank Yello for Business is now empowering over 340,000 small businesses across Australia with exclusive benefits and discounts. In a landscape where managing costs is becoming increasingly challenging for business owners, this program aims to alleviate some of the financial burdens faced by small enterprises. According to CBA’s Group Executive Business Banking, Mike Vacy-Lyle, the…
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Regchain™’s Stryd Tool Enhances Mortgage Brokers’ Loan Access
A new tool has hit the market, revolutionizing the way brokers access real-time loan pricing. Regchain™, a Perth-based fintech, has unveiled the Stryd Product Repository, a database leveraging open banking data to assist mortgage brokers in securing better interest rates for their clients. Developed in collaboration with Adatree, a Consumer Data Right (CDR) technology provider,…
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Biden’s Presidency Marked by Low Approval Ratings Amid Political Polarization
Joe Biden’s presidency saw an average job approval rating of 42.2%, the second lowest in Gallup polling history. Throughout his term, extreme political party disparities were evident in Biden’s approval ratings, mirroring a trend seen in recent presidencies. His final approval rating stood at 40%, placing him in the middle range compared to recent presidents.…
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First National Financial: Diverse Mortgage Options for Canadian Borrowers
First National Financial, established in 1988, is a prominent non-bank mortgage lender in Canada. It is known for providing residential, commercial, and sub-prime mortgages through a network of mortgage brokers. Managing over $100 billion in mortgages, First National Financial offers a wide range of mortgage options, including products tailored for self-employed individuals and those with…
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DFPI’s Financial Glossary Empowers Consumers to Make Informed Decisions
The Department of Financial Protection and Innovation (DFPI) offers a comprehensive glossary of financial terms to help consumers navigate the complex world of finance. This glossary covers a wide range of terms from 401(k) plans to yield, providing definitions and explanations to empower individuals to make informed financial decisions. Financial Terms Dictionary – Investment Terminology…
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SBA EIDL Loans: Payments Resume for Struggling Small Businesses
During the COVID-19 pandemic, the Small Business Administration (SBA) provided a lifeline to over 3.9 million small business owners through Economic Injury Disaster Loans (EIDL). These 30-year loans came with a fixed interest rate of 3.75%, offering financial support to struggling businesses. While payment pauses were initially granted, the deferment periods have now ended, and…
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Banks Offer Mortgage Relief Amid Coronavirus Economic Impact
Amid the global coronavirus outbreak, banks are stepping up to offer relief to customers facing financial strain. RBS, TSB, and Lloyds are among the institutions allowing individuals to defer mortgage and loan repayments for up to three months. This move aims to ease the burden on those impacted by the virus’s economic repercussions. Recognizing the…