The mortgage industry's digital transformation is revolutionizing the home buying experience and upending the status quo for lenders and servicers. The Digital Mortgage Conference is the premiere event exclusively dedicated to these developments, bringing over 1,500 professionals to Las Vegas on Sept. 17-18 for keynote speakers, panels and the main attraction: live product demos showcasing the latest mortgage innovations.
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The Senate Banking Committee for the second time has advanced Ron Borzekowski's nomination to lead the Office of Financial Research in the Treasury Department. The nomination languished amid partisan opposition last year.
March 7
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The title proposal is part of a broader housing cost reduction proposal being discussed in the State of the Union speech.
March 7
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The enforcement action involved problems with the Japanese-owned Union Bank's information security and operational risk controls.
March 7
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Data as of Dec. 31, 2023. Dollars in thousands.
March 7 -
Data as of Dec. 31, 2023. Dollars in thousands.
March 7 -
Arun Balakrishnan is CEO of Xceedance, a global leader in delivering insurance-focused consulting, technology, operations, and data solutions to many of the world's largest P&C insurance organizations. He has more than 15 years of experience launching and leading start-ups in the insurance sector. He is passionate about promoting innovation and transformation in the insurance industry, which he believes to be a key element of societies and economies.
March 7
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The Columbus, Ohio, regional bank will focus first on Dallas before venturing statewide. Its move into the Lone Star State comes three months after announcing a similar initiative in the Carolinas.
March 7
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The New York bank has deployed generative artificial intelligence from Greenlite to help analysts do enhanced due diligence on clients with higher risk ratings.
March 7
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Net income at the nation's more than 4,000 banks dipped markedly in the final quarter of 2023, though for the full year it exceeded pre-pandemic averages. Deterioration in commercial real estate and credit card lending is a concern, FDIC Chairman Martin Gruenberg says.
March 7
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During a contentious exchange on his second day of congressional testimony this week, the Federal Reserve chair drew a line between the central bank's response to last year's bank failures and its current capital proposal.
March 7
