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Will the new commitment, which is 5% over what the banks have reinvested recently on their own, assuage advocacy groups' concerns about the merger?
July 22 -
Loan officers need to market their services toward the fact millennials are more likely to become homeowners prior to marriage than baby boomers were, a SunTrust survey found.
May 28 -
One year into her tenure as SunTrust Banks' mortgage transformation officer, Sherry Graziano has put into motion several initiatives that are redefining the role of loan officers at the Atlanta-headquartered company.
May 22 -
BB&T's acquisition of SunTrust may make the combined company more of a contender in regional metro-area commercial mortgage lending, according to data provider CrediFi.
May 17 -
The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.
May 17 -
Homeowners are stepping up their renovation game this year, which could be good news for home improvement financing, but bad news for the overall housing market as consumers age in place.
March 6 -
Why now? Will it work? How will their rivals respond? The megadeal between the two East Coast regionals offers up plenty of grist for speculation.
February 8
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House Financial Services Chairwoman Maxine Waters said the merger is a direct result of a regulatory relief bill that was signed into law in May.
February 7 -
SunTrust’s merger with BB&T is the largest bank deal since the financial crisis, and mortgages will play a critical role in the execution of this transaction.
February 7 -
The merged bank would set up an innovation and technology center in Charlotte as part of its bid to compete better against the largest institutions and fintech startups.
February 7 -
The combined bank will move into a more demanding supervisory class under the Fed’s regime, but analysts also see a regulatory upside from the deal.
February 7 -
It's good advice in any relationship context. SunTrust's Bryce Elliott wants transparency from his technology partners. "It's OK to tell me no."
September 18 -
The Atlanta bank had previously failed compliance metrics in five straight quarters before passing them last year, according to the settlement's monitor.
June 6 -
A special agent who used to work for an investigative arm of Immigration and Customs Enforcement pleaded guilty to defrauding Freddie Mac and SunTrust Mortgage through a short sale.
April 23 -
The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.
April 20 -
Banks that scored high in customer-satisfaction ratings did so for their front-line service, not their tech capabilities, a study finds.
March 30 -
Numerous regional banks stand to benefit from a provision that narrows the scope of institutions defined as "systemically important" under the Dodd-Frank Act.
March 5 -
Todd Chamberlain, the former CEO of PNC Mortgage, is joining SunTrust Banks to head up its home lending business.
February 2 -
The new tax law helped boost fourth-quarter results at SunTrust Banks in Atlanta, while the recent rate hikes led to gains in spread income.
January 19 -
They aren't creating new products, but some lenders are advising cash-strapped customers in high-tax states to tap home equity or other credit lines to prepay property taxes before the new tax law kicks in.
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