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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As CEO Jane Fraser's restructuring of the embattled bank takes shape, the decisions show Citi's willingness to part with certain franchises, even if they are competitive, in the pursuit of lifting returns in line with major U.S. peers.
December 21
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The banks' resistance to changes being recommended by the Federal Housing Finance Agency do not bode well for their future or that of the industry.
December 21
Zigas & Associates -
Multifunction wallet apps will support shopping, loyalty, paying at the pump or EV charging station and crypto asset management, challenging the roles of U.S. financial institutions.
December 21
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The vote by workers in a New Mexico branch is the first union victory at a megabank in decades, though unionization efforts at another Wells branch took a step back.
December 21
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The Justice Department and the Consumer Financial Protection Bureau are suing a real estate developer over an alleged bait-and-switch land-sale scheme near Houston. The developer used TikTok and other social media sites to lure Hispanic immigrants into predatory loans, the government alleges.
December 20
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Lincoln Savings Bank has tapped Sean Willett, chief administrative officer at Financial Institutions, as its next leader after a six-month search.
December 20
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The head of small business at Truist Bank discusses how regional banks are operating in this market, in conversation with American Banker Editor-in-Chief Chana Schoenberger.
December 20
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Dr. Shawn Griffin is the first physician to serve as President & CEO for
URAC – an independent, nonprofit accreditation organization based in Washington, D.C. URAC's mission is to advance health care quality through leadership, accreditation, measurement and innovation.December 20
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Zigas is an advisory committee member of the
Coalition for FHLB Reform . He is a former president of the National Low Income Housing Coalition, and former senior vice president for community lending at Fannie Mae. He is principal at Zigas & Associates LLC and senior fellow at the Consumer Federation of America.December 20
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Many banks, especially smaller ones, will have to rethink how they lend to small businesses and automate manual processes.
December 20
