Community banking
Community banking
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Bank 34 will no longer sell mortgages in the secondary market as it looks to reduce its reliance on volatile revenue streams.
May 7 -
The Consumer Financial Protection Bureau proposed steps to ease Home Mortgage Disclosure Act requirements, just days after announcing it was retiring a platform to let users analyze raw mortgage data.
May 2 -
The Boston company gained the mortgage platform when it bought First Choice in 2017.
April 30 -
Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.
April 23 -
Gateway Mortgage Group’s dream of being a national, diversified financial services player will hinge on its effort to turn a community bank into an online-only platform.
April 9 -
The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.
April 1 -
The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.
April 1 -
University Bancorp gained a number of offices from Huron Valley Financial. It also hired lenders and staff with experience in reverse mortgages and wholesale lending.
March 23 -
The California banking company has two loans tied to DC Solar that are on nonaccrual status.
March 15 -
While the OCC has led the charge on modernizing the Community Reinvestment Act, Gov. Lael Brainard gave a rundown of new ideas under discussion — from updating assessment boundaries to a comprehensive community development test.
March 12