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John DiIorio

Chief Executive Officer

John DiIorio is chief executive officer of 1st Alliance Lending, based in East Hartford, Conn.

Enforcement actions

I refused a consent order. Now regulators want my mortgage license

1st Alliance Lending CEO John DiIorio explains why the mortgage lender turned down a consent order with the Connecticut Department of Banking and the high cost of fighting what he sees as an overreach of regulators' enforcement power.

By John DiIorio

January 17

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Politics and policy

Fed: Inflation, policy uncertainty are top financial stability concerns

According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.

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Artificial intelligence

How a Tennessee credit union uses generative AI to foster fair lending

Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.

By Frank Gargano

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Ginnie Mae

Ginnie Mae President Alanna McCargo to retire

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By Bonnie Sinnock

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