Browsing: Loan

Digital onboarding, automated paperwork, and online servicing are already standard in gold lending. Less visible, but arguably more useful, is how lenders are now using predictive analytics to manage their loan books. By looking at repayment history, portfolio trends, and customer behaviour, institutions are getting better at spotting which loans need attention before renewal, rather…

WASHINGTON—Tioga-Franklin Savings Bank in Philadelphia was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC entered into an agreement with Second Federal Savings and Loan Association of Philadelphia to assume all deposits and purchase substantially all assets of Tioga-Franklin Savings Bank.