Trevor McIntosh, 35, and Brennan Johnson, 31, secured a mortgage for their Wheat Ridge, Colo., home through Better.com in 2018. “We’re both millennials and we need to immediately go online for anything,” said Mr. Johnson, a data analyst. “It seemed more modern and progressive, especially with the tech behind it.”
He claimed that President Trump’s appointees at the Consumer Financial Protection Bureau had manipulated the agency’s research process to justify altering a 2017 rule that would have sharply curtailed high-interest payday loans.
The departing staff member, Jonathan Lanning, detailed several maneuvers by his agency’s political overseers that he considered legally
The small-business program was opened on Friday, but some banks began talking to their customers earlier in the week about how to apply for loans. Anecdotal evidence suggests that successful applicants are vastly outnumbered by frustrated borrowers, and even those who were notified that their loans had been approved say
“Better functioning capital markets and potentially more support in asset prices would be beneficial for them as an organization,” said Devin Ryan, a research analyst at JMP Securities who covers banks and alternative-investment firms. The potential benefits of Mr. Rowan’s recommendations were hard to gauge, Mr. Ryan said, without having