Mortgages

More digital competition, tougher tech choices and a completely new generation of customers are just some of the challenges facing bankers in the near future.

Corporate debt swelled to $15.987 trillion in the third quarter after borrowing increased by nearly 6%, according to the Federal Reserve.

The company will significantly boost its origination volume after buying 51% of BrandMortgage.

The Wall Street bank to shed 1,500 spots ahead of an uncertain 2020; smaller and regional banks are lagging behind but expect to increase their focus next year

On Sep. 30, 2019. Dollars in thousands.

The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.

The banking industry could finally have answers soon on the degree of agreement between regulators reforming the Community Reinvestment Act, how they envision CRA zones of the future and other key matters.

A report from the Financial Stability Oversight Council cited a bigger share of originations and servicing by nonbanks as a potential vulnerability in the financial system.

The decline in revenue from capital markets undercut gains in consumer banking and pushed fiscal fourth-quarter earnings below analysts’ expectations.

Wealthfront will add third-party mortgages to its investing platform, while Varo Money says robo advice and mortgages are in its long-term plans.