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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JPMorgan Chase CEO Jamie Dimon and other big-bank chief executives have been speaking about how they plan to manage higher capital requirements following the Federal Reserve’s recent stress tests.
July 31
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Fed Chairman Jerome Powell brushed off concerns that rapidly tightening monetary policy could disrupt the financial system. Some economists and policy experts beg to differ, raising concerns about loan defaults or even the collapse of a key institution or counterparty.
July 29
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Flush with capital and touting its biggest loan pipeline ever, the nation’s No. 1 Small Business Administration 7(a) lender is laying plans to hire dozens of bankers away from competitors. It’s one of several companies seeking to expand at a time when others are likely to pull back on commercial lending.
July 29
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The San Antonio-based bank reported 17% deposit growth during the second quarter. CEO Phil Green was critical of competitors that resist paying more to depositors, saying: “We don’t think that’s a credible position.”
July 29
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BofA and Citi pitch in at White House, MasterCard's BNPL expansion and more in banking news this week.
July 29
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In the prohibition order, the National Credit Union Administration said the employee allowed a member to overdraft an account by more than $74,000.
July 29
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Banks and consumers can be harmed when cryptocurrency companies that offer digital assets as well as banks’ deposit products overstate the protections of federal deposit insurance, the agency says.
July 29
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Gina Witherington is a director in the accounting & reporting advisory group at
Stout . She has over 15 years of experience in accounting and financial leadership roles, including areas of technical accounting and financial reporting.July 29
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10 things to know in July: Merger-and-acquisition announcements in the community banking space slow down, a Native American neobank sets out to offer bespoke services to tribes and more.
July 29
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The Maryland bank has lost 13% of its credit card customer base in the past year amid a flurry of marketing activity by newer players. But it is refusing to panic.
July 29
