- Sep 16-17, 2025|San Diego, CA
The CEOs of Bank of New York Mellon and Northern Trust have had at least one discussion about a potential merger, according to a Wall Street Journal article. On Monday, a spokesperson for Northern Trust said the bank "is fully committed to remaining independent."
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The state has largely solved for the industry's biggest concerns but the broader secondary mortgage market could still have some additional responsibilities.
April 28
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In its latest financial stability report, the Federal Reserve found that asset prices continue to exceed underlying fundamentals and leverage levels remain high, especially by hedge funds.
April 25
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The Long Island-based regional bank, which reported another quarterly loss Friday, continues to hire in the commercial-and-industrial lending sphere as it seeks to diversify its commercial real estate-heavy business.
April 25
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The lender's parent also said it is actively in preparation to move forward on plans to unlock equity value in 2025, with a Newrez spinoff among its options.
April 25
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Doug Duncan may be retired from Fannie Mae, but not from the housing market—his new firm is ramping up with writing, speaking, and advisory work.
April 25
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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The states with the highest percentage of non-current mortgage loans had an average year-over-year change of 0.7%, as of March 31.
May 15
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Houses in 85% of the nation's metropolitan areas are considered overvalued, with more than half of those by 10% or above, Fitch Ratings found.
May 14
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The Trump administration has withdrawn from the Federal Register a proposed rule that sought to protect consumers from having their sensitive financial information sold.
May 14
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The closely watched case centers on bank allegations the government corporation promised certain reverse-mortgage assets in return for funding then reneged.
May 14
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The plaintiff is asking for a Seattle federal court to postpone the Redfin shareholder vote, scheduled for June 4, until the company disseminates supplemental information curing the alleged omissions in the proxy filing.
May 14
