Year: 2023

Synchrony Financial’s credit card loan write-off rate rose sharply during the first quarter of the year to 4.49% from 2.73% during the same period a year earlier, while accounts that were at least 30 days […]

A credit crunch might be on its way. Signs of banks tightening credit have already popped up in recent months as the Federal Reserve has hiked interest rates to the highest level in more than […]

The Federal Reserve’s Senior Loan Officer Opinion Survey on bank lending practices, or SLOOS, usually doesn’t make waves. Its next release however, could provide valuable insight into the future of this economy, showcasing how senior […]

(Bloomberg) — US bank lending contracted by the most on record in the last two weeks of March, indicating a substantial tightening of credit conditions in the wake of several high-profile bank collapses that risks […]

Also ranking as a top-20 lender in the retail sector Stonehill, a commercial real estate direct lender, ranked as the 8th largest U.S. commercial real estate hotel lender by the Mortgage Bankers Association (“MBA”) 2022 […]

A data-driven approach to banking can transform the commercial lending landscape by empowering lenders to make more informed and accurate lending decisions, reduce risks, and improve efficiency. By leveraging data analytics, artificial intelligence, and machine […]

Deposits at U.S. lenders posted the biggest decline in nearly a year during the week when multiple bank failures triggered the latest bout of global financial turmoil. Bank deposits fell by $98.4 billion to $17.5 […]