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Managing a major lender in the midst of COVID fears and social unrest has required a rethink of banking norms. Exploring the executive decisions all leaders must consider is the recipient of American Banker's Banker of the Year award.
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The Minneapolis company said 75% transactions have been handled online since the pandemic hit.
July 15 -
A subprime-related settlement between the government and Deutsche Bank provided meaningful benefits to some U.S. consumers in need, according to a new report. But the author acknowledged that those gains could prove illusory for some consumers given the coronavirus crisis.
July 10 -
Nationwide lockdowns forced banks to close brick and mortar outlets and rely heavily on drive up windows, mobile and online access. BBVA has proven that even in the middle of crisis and chaos, retail still fits into the banks overall strategy.
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Fercho will join Wells Fargo in August and report to Mike Weinbach, the bank's CEO of consumer lending.
July 9 -
Our third monthly survey found almost six out of 10 employers report that their plans for the return to work are stymied by uncertainty — specifically, a lack of clarity on the right timing, and persistent questions about how to provide a safe environment for their employees.
July 7 -
The U.S. economy can escape another decadelong slog back to health if strong public measures or a vaccine curb virus surges, Federal Reserve Bank of San Francisco President Mary Daly said.
July 1 -
Buying power for many consumers is hampered and some originators said that affects their ability to serve consumers.
June 19 -
Shelter-in-place orders have given homeowners the time to pursue upgrades and repairs, and banks are seizing the opportunity to help finance the projects.
June 16 -
As protesters continue to take to the streets to express outrage over racial injustice and inequality, banks — for the first time — will commemorate the date that marks the end of slavery in the U.S.
June 16 -
Lenders are cautioning not only that second-quarter provisions might exceed the spike seen earlier this year, but also that credit costs could be elevated into 2021 if the economic slowdown drags on or fears of a second coronavirus wave are borne out.
June 11 -
Some lawmakers fear that when forbearance plans and enhanced unemployment coverage expire, the consequences for mortgage borrowers still affected by the pandemic will be severe.
June 9 -
Our second monthly survey found a smooth transition to remote work and digital customer access channels — but technology issues still arose. The pandemic has highlighted the importance of having a strong digital presence across all retail sectors, including financial services.
May 15 -
Recognizing the leading originators of Federal Housing Administration mortgages in the 2020 Top Producers survey.
April 24 -
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Phone calls have remerged as a powerful lead generation tool that loan officers shouldn't overlook.
April 23
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Among those that this listing recognizes are loan officers who dollar volume could be limited by the geography they work in or the loan product types they originate.
April 7 -
Here they are, the best of the best. The 2020 countdown of the National Mortgage News Top Producers list, numbers 1 through 400.
April 6 -
Here they are, the best of the best. The 2020 countdown of the National Mortgage News Top Producers list wraps up, featuring the loan officers ranked 1 to 25.
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