First Franklin Direct, a retail division of mortgage lender National City Bank of Indiana, has unveiled a new consumer brand, NationPoint, designed to reflect its nationwide presence.The company also announced the launch of a website in connection with the new brand. In addition to highlighting the company's national scope, NationPoint executive vice president Michael Petree said the new brand launching "also helps avoid any consumer confusion with the rest of First Franklin, which remains focused on wholesale business." First Franklin Financial Corp., San Jose, Calif., is a subsidiary of National City. NationPoint can be found on the Web at http://www.nationpoint.com.
-
After home equity surged in 2023, average gains slowed last year before falling into negative territory over the past 12 months, Cotality said.
December 12 -
For 2026, the mortgage industry operating environment will improve, while nonbank financial metrics should be within Fitch's rating criteria sensitivities.
December 12 -
Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
December 12 -
The executive order described state legislation on artificial intelligence as a cumbersome patchwork, and pledged to develop a national framework.
December 12 -
The Department of Housing and Urban Development announced the FHA-insured loan caps for low- and high-cost areas, which are set based on conforming loan limits.
December 12 -
Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
December 12





