University Bank’s reverse mortgage division has added four key hires across different disciplines as it prepares to grow further in the reverse mortgage space. Jake Droge joins the company as a loan... Read more »
California-based Pennymac Financial Services has hired Kristy Dickey, a former executive at Citizens Bank, as first vice president of TPO sales. Dickey will be responsible for growing the lender’s broker division and... Read more »
In this article, we will discuss banking crises. In today’s world, the economy is heavily dependent on the banking system. Banks are essential institutions that provide credit, manage savings, and promote investments.... Read more »
The safety of banks from collapse has always been a concern for customers, investors, and regulators. Given recent bank failures, such as SVB and Signature Bank, many people are wondering about the... Read more »
The Conference of State Bank Supervisors’ (CSBS) board of directors appointed Brandon Milhorn – current deputy to Federal Deposit Insurance Corporation (FDIC) vice chairman Travis Hill – as its incoming president and... Read more »
The Consumer Financial Protection Bureau (CFPB) has imposed a hefty fine of $12 million on Bank of America for misleading mortgage lending data reported to the federal government. The fine comes as... Read more »
The year 2023 has been marked by a series of bank failures, leaving many to wonder what the impact of these failures will be on the housing market and the wider... Read more »
Providence, Rhode Island-based Citizens Bank, the 28th largest U.S. mortgage lender, has decided to close its wholesale channel, which produced over $1 billion in volume in the first half of this year. “After... Read more »
When it comes to keeping your hard-earned money safe, one of the most important factors to consider is the financial institution where you choose to deposit it. This is where the Federal... Read more »
If you are a customer of Citizens Bank in Sac City, Iowa, you may have been surprised to find out that your bank was closed by the regulators on November 3, 2023.... Read more »