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 finalized rule adds flexibility to the capital rules applied to the Federal Home Loan banks to help them extend credit to their members.
January 14
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Douglas McManus served as director of financial research in the Office of the Chief Economist at Freddie Mac until he retired on July 9, 2024. Mr. McManus received his Ph.D. in economics from the University of Pennsylvania.
January 14
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Michael Bradley served as the senior vice president of models and analytics in the Freddie Mac Single-Family Acquisitions Division until he retired on July 1, 2024. Mr. Bradley received his Ph.D. in economics from the University of Illinois.
January 14
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The largest U.S. bank by assets has elevated Jennifer Piepszak to chief operating officer, in preparation for Daniel Pinto's retirement in 2026. But Piepszak is not interested in being CEO, the company said.
January 14
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At banks like Citi and SouthState, generative AI models are put through additional rounds of testing before they make it into the pilot stage.
January 14
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Banks seeking to offload CRE assets are finding a receptive marketplace while regulators have managed to keep the situation in balance, observers say.
January 14
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Simon Paris, outgoing CEO of Finastra, is moving to Unit4 in February.
January 14
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Digital transaction risk draws attention to dynamic CVVs for cards.
January 14
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The bank didn't give some existing customers the higher rates it was offering new customers, the agency alleged. The bank said it would fight the suit, which comes just days before the Trump administration takes over the regulator.
January 14
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The top five banks and thrifts had combined assets of more than $13 trillion as of Sept. 30.
January 14
