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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Molloy will be leaving the banking giant for the nonprofit sector. Dan Tomson and Paul Creedon, co-heads of public finance, will be taking over his responsibilities.
June 9
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Acting Comptroller of the Currency Michael Hsu said customers' trust in banking relationships is critical to the financial system as the agency seeks comment on what a survey of trust and banking should look like.
June 8
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Consumer Financial Protection Bureau Director Rohit Chopra faces tough questions next week testifying before the Senate Banking Committee and House Financial Services Committee.
June 8
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Financial institutions that received funding from the Emergency Capital Investment Program grew their loans by 35% between 2021 and 2022, according to new research. Now leaders at those institutions are turning their attention to the need for patient deposits.
June 8
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Citigroup, Bank of America, Wells Fargo and KeyCorp are part of a coalition that last year pledged to move $1 billion of deposits to minority depository institutions and community development financial institutions. On Thursday, organizers announced that the group has reached its goal.
June 8
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The public will have an additional 32 days to contribute to the Consumer Financial Protection Bureau's inquiry into the market for collecting and selling consumer data.
June 8
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Charles Gorrivan is a Manhattan-based editorial intern at American Banker and a Dow Jones News Fund Business Reporting Fellow. He is a rising third-year student at the University of St Andrews, where he studies international relations and is an editor at its independent campus newspaper, The Saint. Last summer, he covered New York State and City politics at Gotham Gazette.
June 8
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Yolanda Macias is the director of DEI at AbelsonTaylor, a health and wellness advertising agency in Chicago.
June 8
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Cashless ATMs — which imitate a typical debit card transaction but code them as cash withdrawals — can lead to hefty fines. But many dispensaries still use the devices, partly due to the murky legal environment that surrounds the entire weed industry.
June 8
