DeepGreen Financial, Cleveland, has announced the introduction of a 30-year fixed-rate home equity loan.The company said the new HELoan, which will be available through its network of wholesale mortgage brokers, is aimed at the growing fixed-rate segment of the home equity market. The product is part of DeepGreen's strategy to expand its product line to meet the demands of the wholesale home equity market, the company said. DeepGreen can be found on the Web at http://www.deepgreenfinancial.com and http://www.dgbroker.com.
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According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
April 19 -
Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.
April 19 -
McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.
April 19 -
The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
April 19 -
The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
April 19 -
The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18