Category: World Affairs

Who took over Mercantile Bank?

The PNC Financial Services Group, Inc. The PNC Financial Services Group, Inc. (NYSE: PNC) and Mercantile Bankshares Corporation (NASDAQ: MRBK), today anno...

What is a direct lender?

A direct lender uses their own money to fund mortgages. Direct lenders include banks, credit unions, and major lending companies like Quicken Loans. When ...

How does asset lending work?

Asset-based lending involves loaning money using the borrower’s assets as collateral. Liquid collateral is preferred as opposed to illiquid or physical as...