Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
Fifth Third Bank is the latest bank to announce that it would halt evictions during the holiday season.
First Niagara is scheduled to open a processing center next month in Syracuse.
Origination volumes declined 7% from a year earlier and 17% from the second quarter.
The chief executive of Suffolk Bancorp wasted little time in delivering on his promise to diversify its balance sheet.
At BOK Financial mortgage banking revenue increased 70% from a year earlier, to $50.3 million.
Equifax is launching a platform to help verify information for loan applications.
Third-quarter earnings at Taylor Capital Group more than doubled to $15 million from last year as mortgage banking revenue continued to soar.
Strong mortgage banking revenue boosted third-quarter earnings at Umpqua Holdings by almost 15% from a year earlier, to $25 million.
Mortgages backed by the Veterans Administration are on a tear.
A federal judge has thwarted efforts by African-American consumers to proceed with a class-action lawsuit against Option One Mortgage.
Colony Financial in Los Angeles seeks to raise as much as $150.9 million through a common stock offering and use the funds to repay a revolving credit facility.
The Office of the Comptroller of the Currency promoted Ellen M. Warwick to oversee its law department division.
Ellington Financial, a specialty finance company that acquires and manages mortgage-related assets, sold 3.5 million shares of common stock.
Wells Fargo is beginning to see modest signs of increased demand in the homebuilding sector in many markets.
Attus Technologies, a provider of regulatory compliance products, has introduced six new Dodd-Frank Act planning and mortgage reform compliance self-assessment modules to its Managed Compliance Service.
Pacific Mercantile Bancorp, Costa Mesa, Calif., will exit the wholesale mortgage business.
Bank of America's vice chairman and a former chief financial officer will retire next month.
Ellie Mae has upgraded its Encompass360 loan origination system with new features to increase compliance and efficiency.
Flagstar Bancorp reported that it earned $86 million in the second quarter compared with a loss of $74.9 million a year earlier.
George L. Engelke Jr. has resigned as chairman of Astoria Financial, ending his long tenure with the Lake Success, N.Y., company that included a 22-year run as its chief executive officer.
