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Adam Denninger leads Capgemini's global strategy for the insurance industry and manages its relationships with the insurance technology ecosystem. Adam has 20+ years' experience creating and delivering solutions at the intersection of business and technology.

Kristina Welke is the Head of Product for New York Life Group Benefit Solutions (NYL GBS) where she oversees the development of products, capabilities, and experiences that drive differentiation for employers of all sizes.

The fireworks that traditionally accompany big bank CEOs' appearances in Congress were absent Wednesday, but instead executives pushed their opposition to the Basel III capital rules and its impact on the economy. 

The head of the short-selling firm Muddy Waters said he's short Blackstone Mortgage Trust, saying the publicly traded real estate investment trust is exposed to a perfect storm of economic conditions hitting commercial real estate and may face a liquidity crisis. 

Toll Brothers Inc. stock rose as the homebuilder's executives pointed to "solid" demand in recent weeks as mortgage rates pulled back from two-decade highs. 

Procedural limits on condo originations aimed at preventing issues like the Surfside building collapse have frustrated lenders, who will see if this helps.

Zac Maufe is the global head of regulated industries at Google Cloud, bringing more than 20 years of banking experience to the role. Prior to Google, Zac had several leadership roles at Wells Fargo, most recently as EVP and head of corporate strategy, digital channels and innovation.

Heightened government-backed activity also helped bring the average loan size down to its lowest mark in 2023, with purchase amounts falling below $400,000 for the first time since January, the Mortgage Bankers Association found.

Brokerage giants, reeling from a billion-dollar judgment against them a month ago, face another major trial next year.

The top five lenders have an average mortgage origination volume of more than $8.8 billion.