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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Tara Popernik, CFA, CFP, is EVP and head of wealth planning at LPL Financial. Most recently, she served as senior vice president of the wealth strategies team at Bernstein Private Wealth, where she spent 21 years in various leadership roles.
March 27
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Goldman Sachs Chief Legal Officer Kathryn Ruemmler received an 11% pay hike last year, bringing her total compensation to $25 million; U.S. Bank promoted Toby Clements to chief operations officer; Klarna is expanding its forward-flow and whole-loan sale deal with Elliot Investment Management to $2 billion; and more in this week's banking news roundup.
March 27
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Carter Bankshares in Martinsville, Va., sold more than $200 million of loans made to companies controlled by Sen. Jim Justice and his family, closing out a once close relationship that later descended into rancor and litigation.
March 27
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Citi's top executives are considering buying a bank, according to anonymous sources. Such a move would help ramp up deposits to help fuel other operations, they said.
March 27
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The Federal Deposit Insurance Corp.'s Office of Inspector General said in a Thursday report that staffing cuts over the past year could strain supervision and the agency's response to a crisis.
March 27
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The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
March 27
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American Banker data finds that regulatory clarity is the top ask from executives holding back on adoption planning.
March 27
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Square, Block's merchant-focused business line, is trying to make more loans to seasonal businesses and first-time clients.
March 27
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The bank-led companion to the Zelle P2P app faces a market where tech giants such as Apple have huge market share and a headstart of more than a decade. Paze exec Eric Hoffman told American Banker there is still a large addressable market for digital wallet users.
March 27
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Citizens Financial Group President Brendan Coughlin discusses how AI is changing everything at the bank — from answering questions that previously went to call-center representatives to producing client reports at lightning speed.
March 27
