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 community bank said it would will not renew their employment contracts, which terminate March 20, but that it intends to keep them as executives.
December 28 -
Alliance Data Systems, which saw key clients like Pier 1 Imports shuttered during the pandemic, has diversified into buy now/pay later loans and other credit products it offers to consumers directly and through merchants.
December 28
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The combined entity would operate under the Genisys name and hold roughly $4 billion of assets.
December 28 -
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The $50 million subordinated debt issuance is large for a credit union and likely the first of its kind to receive an investment-grade rating. It comes days before a National Credit Union Administration rule will take effect to enable a wider range of credit unions to raise capital through debt offerings.
December 28
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The credit union is looking for its next leader after longtime CEO Bill Lawton announced he will retire this summer.
December 28
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The lender will start by cross-selling Digit's products, then gradually consolidate the two companies' platforms. Meanwhile, Oportun is working to put questions about its collections practices behind it.
December 28
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Analysts expect loan growth and higher interest rates to drive up equity prices next year, even in the face of the omicron variant and other risks.
December 27
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Sen. Elizabeth Warren accused the financial services industry of being a major contributor to climate change and urged U.S. regulators to hold it to account.
December 27
