Practice and client management

Competing against similarly sized lenders in the channel was like battling in the octagon, said founder Jamie Thornton.

Influencer loan officers are aiming to reach the largest emerging group of homebuyers, one super-short video at a time.

The division will focus on short-form video favored by emerging homebuyers.

Branches across the country have closed temporarily, or switched to drive-thru service, as infections and quarantine rules have forced many bank workers to stay home.

The central bank also signed off on Webster Financial’s acquisition of Sterling Bancorp and WSFS Financial’s purchase of Bryn Mawr Bank Corp. The moves come amid a political fight over the bank merger approval process.

An industry expert shares key takeaways on how institutions can implement sophisticated technologies to attract a younger generation of customers.

The three leaders left voluntarily, sources confirmed.

In a semiannual report on trouble spots in the banking sector, the Office of the Comptroller of the Currency raised concerns that banks are taking on too much risk in pursuit of earnings growth.

The two companies will integrate platforms to streamline sales in the single-family, build-to-rent property market.

A pilot conducted with a handful of independent financial advisors has transitioned to a full roll-out, with the lender offering a discount of up to $5,000 to potential borrowers through the broker-dealer.

With today’s generation of home buyers so rooted in a digital world, how will the financial services industry need to change to meet their needs? What new consumer technology will they need to adopt to meet consumers where they are? How will those approaches differ from how things have been done historically in the industry? Join us in a discussion with Blend’s Founder, Nima Ghamsari as we chat through how banks and financial institutions need to think through these questions.

The inventory shortage is a likely driver of an increased willingness to consider a house where suspected paranormal activity occurred.

Seasonal patterns are also playing a part in the slowdown in buyer demand, the company said.

This increases the opportunity for the company to keep in touch with its HomeSafe and EquityAvail customers between the loan closing and when it becomes due.

Large companies competing to become the Amazon or Google for home lending products discuss their use of acquisitions and targeted marketing to cultivate the image of being a one-stop-shop innovator.

Hopes that the pandemic has been curbed have dimmed as infections and hospitalizations are on the rise again due to the introduction of the extremely dangerous Delta strain. For some companies, this has disrupted their plans to bring remote employees back to their offices or institute a "hybrid" arrangement.

The company's new name helps reflect the business lines it expanded into outside of fix-and-flip during the last few years.

Rep. Val Demings introduced legislation in Congress that automatically triggers a stop on evictions and foreclosures for homeowners with federally-backed mortgages when a disaster is declared.

The bank's noninterest expenses fell by 8% in the second quarter — a sign that CEO Charlie Scharf is making progress in reining in spending that had been soaring in recent years amid heightened regulatory scrutiny. He ultimately hopes to reduce gross expenditures by $8 billion annually.

For the first time, the FDIC, Federal Reserve and OCC have combined efforts to advise banks on risk management procedures when working with nonbank partners.