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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Pesto, a San Francisco-based startup, invites consumers to ship their diamonds, gold and valuable jewelry to be appraised as assets backing a secured Mastercard. The firm has raised $11 million — and the eyebrows of some consumer advocates.
June 13
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Sabrina Lee is an editorial intern at American Banker and a Dow Jones Business Reporting Fellow. She is a rising senior at New York University where she has worked as a campus writing tutor and a writer at NYU's student-run newspaper.
June 13
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Young people aging out of foster care don't often have the documents or relationships necessary to open an account. First Tech is making changes to address this all-too-common issue.
June 13
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Stephen Evans is an IT Solutions Architect who currently operates as a branch owner and director at WillDom, a global technology company committed to pairing clients with right-fit technology solutions. With a Master's in Information Systems and over 20 years in IT, he focuses on delivering margin-producing solutions to the most difficult problems that business and firm leaders face. Most recently, Stephen was CEO and Senior IT Solutions Architect at The Facilitator, a Dallas/Fort Worth-based process improvement and custom software development firm, specializing in helping businesses and accounting firms accomplish their goals in the most efficient ways possible.
June 13
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Bob Leonard is a co-founder and board member at Spark Health, and the SVP of strategic partnerships at Therapy Partner Solutions.
June 13
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Banks that haven't built a plan to implement the Federal Reserve's new real-time payments system still have time to make up lost ground.
June 13
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New loan acquisitions fell to their lowest level since 2020, but companies also grew shares of residential securities noticeably over the past three years, S&P Global Market Intelligence said.
June 13
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The additions allow the Rhode Island bank to expand its wealth management footprint along the East Coast and in San Francisco, where the recently shuttered First Republic was based.
June 12
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The credit card company says it could raise interest rates, charge new fees and implement penalty-based pricing if late fees get capped at $8. But its ability to maneuver is constrained by a 14-year-old federal law.
June 12
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Consumer Financial Protection Bureau Director Rohit Chopra warned that "powerful firms" must not dominate the new open banking landscape.
June 12
