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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Ex-State Street exec joins Citizens Financial's board, payment software firm Toast will cut workers, Visa rolls out enhanced digital wallet tools and more in the weekly banking news roundup.
February 16
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The Los Angeles-based bank said that it's eliminating roles across its footprint. The job cuts follow a year in which expenses soared and losses piled up.
February 16
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Amid an upturn in deposits, banks are searching for ways to put this new cash to work. The traditional option — boosting lending — is hard to do right now. That's left banks to park more money in high-quality securities that they believe will boost returns without heaping on too much credit risk.
February 16
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Community Bank System in Syracuse faced claims it failed to properly pay some branch-level employees, making it one of a growing number of banks forced to confront compensation-related disputes in recent months.
February 16
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His pay jump was greater than every other major U.S. bank CEO whose compensation has been disclosed.
February 16
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Chris Lafond is the Chief Executive Officer at Insurity. With over 35 years' experience in the technology, financial, insurance and sectors, Chris has a deep understanding of the market challenges and objectives faced by multinational corporations. His expertise includes strategic planning, investor relations, and transformational leadership. Under his leadership, Insurity has experienced consistent growth, reinforcing its position as the largest cloud-based software provider in P&C insurance with 330+ customers deployed in AWS and Azure.
February 16
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Buying North Shore Bancorp in Peabody, Massachusetts, would give Hometown nearly $6 billion of assets and a higher profile in New England.
February 16
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Federal Reserve Vice Chair for Supervision Michael Barr said Friday that Fed supervisors continue to draw on lessons learned from last March's bank failures—including heightened scrutiny—addressing risks banks currently face including firm asset growth, liquidity pressures and plummeting commercial real estate values.
February 16
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The rivalry between upstart direct lenders and the likes of Goldman Sachs and Morgan Stanley is driving interest rate margins to new lows.
February 16
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Call for submissions for women 40 years and younger who are rising stars at their bank or financial institution.
February 16
