Republic Bancorp Inc., Ann Arbor, Mich., is being added to the Standard & Poor's SmallCap 600 Index.Republic, the holding company for Republic Bank, a residential mortgage lender, said the move will be effective after the close of trading on April 23. The company said it is the third-largest bank holding company based in Michigan and the 84th-largest in the United States. Republic can be found on the Web at http://www.republicbancorp.com.
A new class action lawsuit accuses the banking giant of failing to lower borrowers' interest rates following a series of Federal Reserve rate cuts.
The fintech's Figure Connect private credit loan exchange has grown to account for 56% of total consumer marketplace activity in early 2026.
However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
President Dhivya Suryadevara is leaving the company shortly after assuming the job, the latest move as the company attempts to recover from an earnings slump.
Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
