HOPKINSVILLE, Ky. - (09/10/04) -- Fort Campbell FCU announced Thursdayit will extend its Home Front Mortgage program, which providesmortgage assistance to active military personnel stationed at FortCampbell, for another year, until June 2005, in order to givesoldiers returning from Iraq a chance to participate. The programallows soldiers at Fort Campbell to buy homes in Kentucky orTennessee with no down payment and allows for greater underwritingflexibility. Under the program, introduced in May the credit unionis originating the loans and Fannie Mae has committed to buying $5million worth of the mortgages.
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The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
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Mirroring the efforts of a number of larger institutions, Portland-based Northeast Bank plans to open a de novo branch in Bangor and renovate its seven existing branches.
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The Brazilian digital bank is bringing its services to U.S. consumers through a partnership with Lead Bank as it awaits its own final charter approval.
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Research from Cerulli Associates suggests that many RIAs have a long way to go with AI adoption while already finding possible ramifications for back-office staff.
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Regulators want firms to spot where several critical functions ride on one provider, a question the department's earlier vendor guidance did not ask.
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The digital asset and card-issuing firms are supplying the guts to enable transactions for cards and digital wallets, betting that Mastercard's ties to both firms will be attractive to banks, consumers and merchants.
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