The Mortgage Bankers Association said Wednesday that its annual convention will begin on schedule in Orlando, Fla., this Sunday despite the fact that Hurricane Wilma is threatening the southern part of the state."Nothing has changed," said a trade group spokeswoman. "We are not canceling." Paul Green, the MBA's senior vice president of corporate relations, issued a statement saying that the MBA is closely tracking the hurricane but that, based on "facts being provided by the National Hurricane Center," Hurricane Wilma will be "well south" of Orlando. The storm is expected to make landfall in the next few days, reaching the South Florida mainland late Saturday night.
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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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