WASHINGTON -
CUNA continued last month to cultivate co-sponsors of the CU Regulatory Improvements Act (CURIA), with $1,000 contributions to recent CURIA signees Bob Filner (D-CA), Don Young (R-AK), Dutch Ruppersberger, D-MD), Joe Baca (R-CA), Jon Porter (R-NV) and Steve Kagan (D-WI).
The biggest contributions last month went to Sen. John Salazar (D-CO), $4,000, and to two leadership PACs, Rely on Your Beliefs PAC, for Rep. Roy Blunt (R-MO) and MiLead PAC for Rep. Peter Hoekstra (R-MI).
Thought to be the smartest person in the room, Lake's ability to parse data to solve problems drove a ROE of 32% for her unit in 2025.
Larger public companies' high-profile servicing acquisitions tend to get the spotlight, but the two top leaders in the Ginnie MSR market are quieter players currently run as private companies.
In addition to proposing broader access to private market investments for those who pass a test and for CFPs and other credential holders, the SEC also proposed expanding advisors' ability to charge performance-based fees.
Meta's Muse digital assistant and fintechs have drawn lots of attention, but Amex contends it can harness its long history and ample data to train its internally developed artificial intelligence agents.
What can banks learn from developments around consumer-facing apps like Muse about the future norms they will inevitably have to navigate.
