Commercial banking

Prolonged funding pressures in US money markets, just as bank reserves held at the Federal Reserve are dwindling, suggest the central bank may be getting closer to ending the unwinding of its massive portfolio of securities. 

House Financial Services Committee ranking member Maxine Waters, D-Calif., asked bank regulators to give banks the supervisory clearance to extend lines of credit and modify loan terms for federal employees furloughed after the government shut down last week.

With the new option, unveiled Monday during OpenAI's annual developers event, a user can look up a three-bedroom home in a specific neighborhood on Zillow, without leaving the ChatGPT app.

Casey Essary is vice president of information security at BILL.

Federal Reserve Gov. Stephen Miran sidestepped whether policy setting pressure from the administration is a welcomed development, but reiterated that he wants to avoid succumbing to "groupthink."

Pat Warren serves as vice president of regulatory technology for BITS — the technology policy division of the Bank Policy Institute. Pat leads BITS' regulatory engagement on cybersecurity, technology and resiliency.

Bisignano will continue to lead the Social Security Administration while managing day-to-day operations at the IRS.

Matthew Schlueter is the executive vice president, operations and technology solutions at Osaic, one of the nation's largest providers of wealth management solutions.

Mortgage Research Center is adding First Residential Independent Mortgage to do conventional and FHA, but it will be sunsetting the Paddio branding.

Mortgage companies see a lending future backed by artificial intelligence, but there may be as many questions as answers to what the path might look like.

Legal experts say the Supreme Court's decision not to immediately rule on a request to remove Federal Reserve Gov. Lisa Cook from office suggests that, whatever the court's views on independent agencies may be, it views the central bank differently.

Rithm Capital, a real estate investment trust, is sponsoring the deal, in which property focused investor loans represent 32.60% of the collateral pool.

John Kain is the director of Financial Services Market Development at AWS, where he drives cloud adoption across the financial services industry. He collaborates with global banks, insurers, and capital markets firms to align AWS solutions with their digital transformation goals. With over 20 years of experience, Kain has held leadership roles in business development and strategy at leading financial institutions and tech firms. His expertise bridges deep industry knowledge with a strong grasp of cloud technologies and their impact on financial services.

President Trump said big homebuilders are sitting on a record 2 million empty lots, and asked Fannie Mae and Freddie Mac to help restore the American Dream.

Affordability has improved and rate drops have exposed millions to incentives, but many more must wait for a break, ICE Mortgage Technology found.

The Office of the Comptroller of the Currency Monday said it will scrap fair housing reporting requirements, fast-track licensing for small banks and simplify regulation for smaller institutions overall.

The NCUA, as liquidating agent for three failed corporate credit unions, sued in 2018 claiming U.S. Bank failed to perform its role as RMBS trustee.

Gunjan Kedia is the CEO, U.S. Bancorp.

Fifth Third announced it plans to buy the Dallas bank in a $10.9 billion transaction.