GLENDALE, Calif. – California CU said yesterday it has contracted with Gila Group, of Austin, Texas, for loan collection services. Gila will handle the collection of all auto loans 10-45 days delinquent as well as Visa and mortgage accounts 15-45 days delinquent for the $1.3 billion credit union.
Betterment Advisor Solutions, formerly Betterment for Advisors and Betterment Institutional, is changing its platform fees into a tiered rate that begins at 0.20% for advisory practices with less than $10 million in the business, Betterment CEO Sarah Levy says.
The guidance reflects a mortgage servicing rights market that has broadly included the customer value in refinancing for over a decade, experts say.
The White House's top economist says inflation is already at the Fed's 2% target and suggested that further rate hikes could jeopardize growth.
The New York-based bank says the small-business fintech's cheaper deposits will help reduce its reliance on costly wholesale sources.
The Federal Reserve's Office of Inspector General released a report Monday highlighting weaknesses in how information security incidents are identified and resolved.
Citi is an aggressive customer of and investor in AI companies. Arvind Purushotham, head of Citi Ventures, shares what he's currently looking for.
