The Fraternal Order of Police has signed an agreement with Nationwide Advantage Mortgage Co., Des Moines, Iowa, for the latter to provide mortgage services to the group's over 320,000 members across the country.Chuck Canterbury, FOP president, said, "law enforcement officers are an especially financially savvy, information-conscious group. Access to home purchasing programs is very important to our members because many of them have limited time to apply for a mortgage and ensue the homebuying process." NAMC offers approvals within 10 minutes. Its trademark is "speed, simplicity and savings." The company is a subsidiary of Nationwide Mutual Insurance Co., Columbus, Ohio.
-
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