BridgeSpan Inc., a title company and online closing specialist that recently filed for Chapter 11 bankruptcy protection, has announced that Larry Walker will resign as president and chief executive officer next month.The Frisco, Texas-based BridgeSpan said Mr. Walker had been recruited in late 2002 in the hope that his expertise would help the company attract "early adopters" for its straight-through processing of electronic mortgages. "However, mortgage lenders were awash in refinance volume and reluctant to take on the complex changes to their internal operations that e-mortgages required," the company said. BridgeSpan can be found online at http://www.bridgespan.com.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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