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 Federal Reserve's balance-sheet unwind is set to ramp up this week, which means the central bank will finally begin unloading the Treasury bills it started amassing almost three years ago.
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Data as of Jun. 30, 2022. Dollars in thousands.
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Data as of Jun. 30, 2022. Dollars in thousands.
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Companies like VizyPay, Stax and Carbon Zero Financial seek fresh ideas from people who built their careers in retail, food service and other verticals.
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The financial industry is offering loans for solar energy projects, carbon emission trackers, green mortgages and cash-back incentives to help customers go green.
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The bottom 50% of U.S. households, generally those with a net worth of $166,000 or less before the pandemic, are in the strongest relative financial position in a generation, according to the Realtime Inequality tracker.
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Federal Reserve Vice Chair Lael Brainard said Monday that the central bank's real-time payments network will go live between May and July of 2023 and financial institutions should prepare themselves right away.
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The New Jersey bank hired Ravi Vakacherla after People's United was acquired by M&T Bank this March. The role is one of a number of new executive roles overseeing digital innovation in the banking industry.
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- Banking brands
The privately held First Missouri Bank has rebranded as Verimore Bank.
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Kenneth Byrd serves as Vice President and Head of Protection New Business Operations for Protective Life Corporation, where he is responsible for leading telelife, submit, case management, policy issue, 1035 exchange, new business accounting, exception handling, compliance, customer guides, and policy revisions. Byrd, a 20-year financial industry veteran, oversees more than 250 teammates as well as third-party vendor relationships. With a budget of over $20 million, he develops and authors strategic plans, works to improve customer and distributor experiences, and delivers significant cost savings. Byrd achieved a bachelor's degree in accounting and management information systems as well as his MBA from the University of Alabama at Birmingham.
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