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 crisis sparked by the collapse of Sam Bankman-Fried's FTX crypto empire ensnared BlockFi, a troubled digital-asset lender once worth $3 billion but which has now limited activity on its platform.
November 11
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Spencer Savings in New Jersey is taking investor Larry Seidman to court, alleging he's conspiring with other customers to convert the bank to stock ownership. Seidman says it's a farce: "I'm in a conspiracy with people I don't know."
November 11
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A new debit card for military veterans, Google expands a billing test and more in banking news this week.
November 11
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Jeff von Gillern, who heads tech and ops at U.S. Bank, will retire in a year. Global CIO Dilip Venkatachari will join the executive committee and Souheil Badran has been hired to run operations.
November 11
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Wall Street is walking into a new era of risk that has bankers, lawyers and climate campaigners reaching for a different playbook.
November 11
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Sam Bankman-Fried's digital-asset empire filed for Chapter 11 bankruptcy in Delaware, capping a rapid downfall for the 30-year-old entrepreneur and onetime crypto king.
November 11
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Companies like Blockchain.com are teaming up with traditional financial firms to meet a demand that has endured despite the crash in many digital currencies' valuations.
November 11
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Some of the biggest lenders to U.S. offices are weighing sales of loans on the properties as regulators heighten scrutiny on commercial real estate debt portfolios.
November 11
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Bank regulators are considering a measure that would rewrite the rules implementing the Community Reinvestment Act. They should consider taking their existing rules seriously.
November 11
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Horacio Mendez is the president and chief executive officer of the Chicago-based Woodstock Institute, a 52-year-old research and policy institute focused on economic security and financial systems evolution for low- and moderate-income individuals and communities.
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