News Topic: Consumer direct
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Quontic Bank launches bitcoin rewards checking with help from NYDIG
The community bank and fintech are offering the first live bank account and debit card that offer rewards in the form of bitcoin. ... Read full article
FB Financial wraps up mortgage refresh with correspondent channel sale
FB Financial is selling its correspondent lending channel to Rushmore Loan Management Services, which will complete the bank holding company's restructuring of its mortgage business. ... Read full article
Why consumers just can't stop complaining about credit bureaus
For four years running, consumer complaints about the three national credit reporting agencies — Experian, Equifax and TransUnion — have dominated the CFPB’s database. What do they keep doing wrong? ... Read full article
Blend hires ex-Fannie CEO Mayopoulos as president
Timothy Mayopoulos is back in the mortgage industry, becoming the new president of the digital mortgage technology developer Blend, months after leaving his post as Fannie Mae’s CEO. ... Read full article
Digital mortgages advancing, but borrowers still want more speed
Despite digital mortgage advances, borrowers think it still takes too long to get a loan, J.D. Power finds in its annual customer satisfaction ranking of originators. ... Read full article
Sindeo investor saves fintech mortgage broker from going under
Tech-savvy mortgage broker Sindeo is back in business, following an acquisition by Renren, a Chinese social media company and an investor in U.S.-based fintech firms including Social Finance and LendingHome. ... Read full article
Tennessee is latest battleground for controversial energy loan program
Bankers oppose legislation that would let local governments finance energy efficiency projects with liens ahead of the mortgage. ... Read full article
