Editors' picks for the week include an interview with Fundation Group CEO Sam Graziano and an article on House Republicans ramping up rhetoric against the Volcker rule.
Fundation CEO says marketplace lenders moving to balance sheet funding in 2017
Digital small-business lender Fundation Group LLC CEO Sam Graziano spoke with S&P Global Market Intelligence about the company's balance sheet funding model and expectations for the OCC's proposed fintech charter.
After industrywide pain in 2016, Prosper eyes profitability
Prosper Marketplace Inc. was scarred by a difficult 2016, and the company is turning to an unorthodox funding agreement in its march toward profitability.
Traditional insurers help home loan banks mitigate loss of captive members
Insurance company participation in the federal home loan bank system increased during 2016 even as a subset of the sector learned they would no longer be eligible for membership as soon as February 2017.
House Republicans ramp up rhetoric against Volcker rule
House Republicans on the Financial Services Committee doubled down on their commitment to repeal the Volcker rule, a Dodd-Frank rule that limits proprietary trading.
Citizens CEO warns of higher policy counts to come
Fallout from what Citizens Property Insurance Corp. President and CEO Barry Gilway has labeled Florida's assignment-of-benefits crisis is likely to end a multiyear trend of lower in-force policy counts at the state-run insurer after already playing a role in stopping a 10-year streak of annual net profits.