- Sep 16-17, 2025|San Diego, CA
A spike in the bank's noninterest income powered its better-than-expected net income and revenue in the second quarter.
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The quarterly data showed bank profits were driven by gains at large firms while credit quality remained mixed, with commercial real estate loan stress at relatively high levels.
May 28
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The law, set to go into effect later this year, was introduced to prevent potential money laundering in all-cash purchases made by companies or trusts.
May 28
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The transaction is the fourth of its type the company has done this year through the partnership it has had with Crosscountry Mortgage since late 2022.
May 27
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The company, which already offers services in 41 states, through the Summit Mortgage Training buy gets a foothold in New Jersey and Pennsylvania.
May 27
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Regulators say the Mississippi-based depository satisfied the terms of the $5 million settlement it reached with Biden administration officials in 2021.
May 27
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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Cara Petersen, the Consumer Financial Protection Bureau's top enforcement official, said the Trump administration has "no intention to enforce the law in any meaningful way."
June 10
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Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the long haul, but it won't result in any sudden gains, according to CFO Michael Santomassimo.
June 10
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A former senior accountant at CrossCountry Mortgage claims she was let go from her job three years prior because of her age.
June 10
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While lenders have come out with more products for the spring season, rate lock data finds buyers still hesitant to act because of high mortgage rates.
June 10
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Filings rose at the start of 2025 following the end of a federal foreclosure moratorium, but new numbers from Attom suggest normalization of certain trends.
June 10
