News Topic: Sailthru NMN origination no display

The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million. ... Read full article

The activist investor Blue Lion Capital, which had pushed for HomeStreet's sale, is selling all of its stock to the Seattle company. ... Read full article

Loans to other financial firms have soared in recent years, and many are going to private equity or business development firms that then use the funds to make leveraged loans. Should regulators be worried? ... Read full article

Quontic Bank CEO Steven Schnall wants to turbocharge deposit growth by mimicking the strategies of big digital banks so his community development financial institution can become a much larger mortgage lender. ... Read full article

Former Trump campaign chairman Paul Manafort pleaded not guilty in a New York mortgage fraud case — state charges that are beyond the reach of a presidential pardon. ... Read full article

All of the Seattle company's directors, including CEO Mark Mason, were backed by shareholders despite a challenge by Blue Lion Partners. ... Read full article

The Michigan company said the loan — made to a borrower that plans to shut down its reverse mortgage business — has collateral. ... Read full article

Marianne Lake, seen in recent months as a leading candidate to replace CEO Jamie Dimon, got the post she may have needed to round out her resume — consumer lending chief. And Jennifer Piepszak, another rising star at the company, will take over as CFO from ... Read full article

The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel. ... Read full article

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. ... Read full article

Banks will likely continue to exercise caution in the wake of Facebook's announcement that it’s restricting the way providers of housing, employment and credit advertise on its site. ... Read full article

Ahead of testimony by the CEOs of the major bureaus, House Financial Services Committee leaders proposed sweeping changes for the credit reporting industry and credit-score protections for furloughed government workers. ... Read full article

Federal Reserve Board Gov. Lael Brainard said public comments demonstrate a desire among stakeholders for reforms to be implemented consistently across the Fed, OCC and CRA. ... Read full article

The U.S. Supreme Court turned away a broad challenge to the structure of the Consumer Financial Protection Bureau, the agency that Republicans say has stifled economic growth through over-regulation. ... Read full article

The announcement rescinded the agency's earlier guidance issued to industry partners to suspend sales operations as a result of the current lapse in funding from Congress. ... Read full article

Executives urged the consumer bureau at a public meeting to keep a closer eye on artificial intelligence innovations developed by fintech firms that are subject to less regulation. ... Read full article

Challenges will likely increase as interest rates rise and investors grow more concerned about a downward turn in the economic cycle. ... Read full article

FDIC Chairman Jelena McWilliams questioned whether regulators and banks are fully capturing the emerging risks of a new shadow banking system. ... Read full article