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Ahead of Sprout's bankruptcy, at least $27 million was transferred from its accounts to entities owned by Michael Strauss and accounts for his family, a new filing alleges.

The world's largest credit union said that Dietrich Kuhlmann, a retired rear admiral and currently the institution's chief operating officer, would succeed retiring CEO Mary McDuffie on March 1.

Other mortgage companies have piloted various aspects of Sagent's cloud native servicing platform but Mr. Cooper will be the first to try out the completed version.

Mortgage application activity had its largest decline in a year, according to the Mortgage Bankers Association.

The blockbuster merger proposal will be reviewed at a time when the Biden administration is expressing skepticism about consolidation. Its analysis will have to account for markets dominated by both big banks and the likes of Visa and Mastercard.

Significantly more Americans own a home now than a decade ago, but the disparity between Black homeownership rates and those of other racial and ethnic groups has grown wider, according to the National Association of Realtors.

Janna Hurd is a market developer at Thrivent, a Fortune 500 financial services organization, whose primary focus is recruiting new financial advisors to the organization.

For over 20 years, she has worked in retirement and financial consulting. She holds an MBA in International Business and Finance from Sam Houston State University, as well as various financial and insurance licenses. Her passion is financial literacy, and she hopes that her work in various communities will build stronger families and futures.

The Charlotte, North Carolina, company has agreed to sell its remaining 80% stake in its insurance brokerage unit to raise billions of dollars in cash and extra capital. The "wild card" is how Truist will deploy them, one analyst says.

Ryan Mandell is the director of claims performance for Mitchell's Auto Physical Damage division. He works hand-in-hand with insurance executives and material damage leaders to provide actionable insights and consultative direction for their claims organizations. Prior to joining Mitchell, Mandell was director of Northern Operations for B&R Auto Wrecking, a manager for Precision Collision Auto Body, and a claims representative for Progressive Insurance. He frequently speaks at industry events on trends in auto insurance, collision repair and vehicle complexity and has been quoted in publications including The New York Times, Wired UK, Road & Track and Automotive News.

Phil Strazzulla is the Founder of SelectSoftware Reviews, a website dedicated to helping HR teams find and buy the right HR software through free, in depth advice and analysis.  Phil started his career working in venture capital before getting his MBA at Harvard Business School.