LAKE JACKSON, Texas - Texas Dow Employees CU yesterday said it has installed Stewart Title's SureClose online mortgage management system. The system coordinates real estate professionals with lenders and title agents, allowing homebuyers and sellers to monitor the status of their loans and to receive their title policy, loan and deed documents at the same time as the purchase of their house. Officials with the $1.2 billion credit union said the system allows it to approve loans online in two minutes.
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The $736 million Orange County bank had faced a smattering of enforcement actions over the years, including for concentration risks, governance issues and questionable insider transactions.
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As the U.N. renews its call for $1.3 trillion a year in climate finance, four leaders in climate finance say the biggest question for advisors is where that money goes.
September 25 -
The National Association of Insurance Commissioners responded to a query from Sen. Elizabeth Warren about risks to policyholders stemming from private-equity ownership of life insurers.
September 25 -
The platform had a lawsuit filed against it by New York officials this week as the latest in a series of cases against prediction markets on the state level.
September 25 -
The Canadian bank's U.S. operations experienced challenges following a large acquisition on the West Coast. But the bank is now making good progress, according to a top BMO executive.
September 25 -
As AI threatens firms' lucrative business managing uninvested cash, Schwab gives its RIA partners a new way to keep clients' cash holdings sticky.
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