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James Duffy V is a summer reporting associate for American Banker based in Los Angeles.

According to the latest Federal Deposit Insurance Corporation (FDIC)’s “How America Banks” report, there is an estimated 7.1 million unbanked households in 2019. Given the record levels of unemployment, the pandemic has brought on the FDIC expects this number to rise. Join Joe Adler, American Banker’s Washington Bureau Chief and Leonard Chanin, Deputy to the Chairman of the FDIC as they discuss the FDIC’s stance on financial inclusion and how banks can get millions of unbanked Americans into the traditional banking system.

More than two-thirds surveyed said they expect to make less money over the next three months as price reductions ramp up along with a market shift to purchases.

A new public-private network is pursuing a more comprehensive approach than other states to cultivate a strong financial technology industry by uniting banks, insurance companies, startups, government agencies, investors, universities and students.

Rising sea levels aren’t keeping buyers from scooping up oceanfront homes as work flexibility gives consumers wider options on where to live, according to Redfin.

Purchase loans tick upward, even as housing demand pushes prices well above 2020 levels.

Financial institutions spent nearly $214 billion last year — an 18% jump from 2019 — to meet regulatory requirements for fighting financial crimes, a new study says. The spending included more staffing to manage risks posed by customer growth.

In addition to earning ancillary fee income, it provides originators with an opportunity to connect with current and potential clients mired in student loan debt.

The $1 billion mortgage securitization is smaller than several recent deals, and features modified mortgages. But subordination supports senior notes.

Natasha Shifrin is the Global Outbound Sales Director at Hibob and joined the company in 2020. She has been working at SaaS startup companies for nearly a decade, and Hibob is the fourth high-growth business that she has joined. In her previous roles, and at Hibob, she has remained focused on top of funnel revenue generation and is fascinated with the humanity behind the science of sales. She believes that everyone brings something different to the table, and the key to building teams is understanding how all those different pieces can work and integrate together to build a strong group. Natasha was born in London, spent time living in New York, and now resides in Tel Aviv.