mortgages

HomeTrust in N.C. sells $160 million in mortgages

12/20/19

The company plans to sell more mortgages in the first quarter, which would bring its loan-to-deposit ratio below 100%.

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Business debt exceeds households' for first time since 1991

12/12/19

Corporate debt swelled to $15.987 trillion in the third quarter after borrowing increased by nearly 6%, according to the Federal Reserve.

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Capital City in Florida to buy majority stake in mortgage lender

12/12/19

The company will significantly boost its origination volume after buying 51% of BrandMortgage.

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Sterling in Michigan suspends mortgage program

12/09/19

The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.

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RBC's profits fall amid tough times for investment banking

12/04/19

The decline in revenue from capital markets undercut gains in consumer banking and pushed fiscal fourth-quarter earnings below analysts’ expectations.

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An internet banking pioneer’s view from the catbird seat

11/26/19

David Becker, who founded First Internet Bank two decades ago, says traditional banks' digital-only ventures are only making his bank look more mainstream.

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Will banks be swept into CFPB's debt-collection rule?

11/25/19

Lenders contend the proposal goes beyond policing third-party debt collectors and could expose banks to enforcement actions and lawsuits.

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NCUA follows bank regulators’ lead on home appraisals

11/21/19

A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal.

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Santander pivots to Americas as growth in Europe stalls

11/20/19

Ana Botin, the Spanish banking giant's chairman, is counting on Santander's new digital platform to help drive expansion in the U.S. and Latin America.

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Indicted ex-banker says warrant to search iPhone was tainted

11/18/19

Stephen Calk, who faces a bribery charge in connection with loans his bank made to former Trump campaign chair Paul Manafort, is asking a judge to suppress evidence that prosecutors obtained from his mobile phone.

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