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 Boston company is set to become the nation’s largest custody bank after paying a premium for a Brown Brothers Harriman unit. Executives and analysts say Brown Brothers may have been the last chance for any of the country's major custodians to achieve meaningful growth through M&A.
September 24
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Billions in funds earmarked for credit unions under the Treasury’s Emergency Capital Investment Program and other federal programs couldn’t be used to meet risk-based capital requirements without the proposed change.
September 23
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Saule Omarova supports allowing the Federal Reserve to hold customer deposits and is skeptical of big-bank M&A. While those views are unpopular in the industry, banking critics hailed the choice to lead the Office of the Comptroller of the Currency.
September 23
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With an estimated $28.6 million in excess funding for 2021, the regulator chose to direct a portion of that sum to hiring and cyber protections.
September 23
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The midsize regional has long wanted to be a player in VC banking. Its deal for the U.S. arm of Israel's Bank Leumi would give Valley global scale in this lucrative line of business.
September 23
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Nancy began her Commonwealth career in 1999 and has worn many hats during her tenure at Commonwealth, and that experience has been invaluable in her quest to streamline processes and gain efficiencies. She oversees the bicoastal Transition and Field Development Operations teams responsible for the entire advisor onboarding experience and ensures that advisors and prospective advisors alike receive the highest level of service and support.
September 23
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Lawmakers approved adding the measure, which gives banks legal cover to serve cannabis firms, to a broader legislative package. But the provision has already passed the chamber several times and analysts say full enactment will be more difficult.
September 23
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Longtime bank executive Uma Wilson will head the cross-disciplinary team.
September 23
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Cornell University law professor Saule Omarova could be nominated as early as this week to lead the Office of the Comptroller of the Currency, according to sources. Her appointment would be a shot across the bow for Wall Street as she’s expected to pursue tougher oversight and stricter rules.
September 23
