Real GDP – the output of goods and services produced by labor and property located in the United States – increased at an annual rate of 3.0 percent in the fourth quarter of 2011, the Labor Department said Wednesday. In its initial report on fourth quarter GDP, the agency had said the … [Read more...]
Heartland and Fiserv Update Technology Partnership
February 28, 2012 by
Heartland Financial USA, Inc., has announced a new technology platform to enhance the company's loan servicing operations and processes. Heartland recently selected the LoanServ program from Fiserv, Inc., for its technology provisions. View the original here: Heartland and Fiserv Update … [Read more...]
Severn Promotes Senior Leader to CFO
February 28, 2012 by
Community financial institution, Severn Savings Bank has named a new chief financial officer. The Maryland-based bank recently promoted Stephen W. Lilly to the leadership role. Read the article: Severn Promotes Senior Leader to CFO … [Read more...]
FBC Strikes Agreement with Department of Justice
February 28, 2012 by
The U.S. Department of Justice (DOJ) has reached a deal with Flagstar Bancorp, Inc. (FBC). Continue Reading: FBC Strikes Agreement with Department of Justice … [Read more...]
Heartland and Fiserv Updated Technology Partnership
February 28, 2012 by
Heartland Financial USA, Inc., has announced a new technology platform to enhance the company's loan servicing operations and processes. Heartland recently selected the LoanServ program from Fiserv, Inc., for its technology provisions. Follow this link: Heartland and Fiserv Updated Technology … [Read more...]
MetLife Lauds Record-Breaking $11B in Commercial Loans
February 27, 2012 by
MetLife originated $11 billion in commercial mortgages in 2011, making last year the largest on record for the life insurer. View article: MetLife Lauds Record-Breaking $11B in Commercial Loans … [Read more...]
LendingTree Launches New Predictable Volume Program
February 27, 2012 by
Lenders participating in LendingTree's network have a new platform to help raise lead volume. The national online lending exchange recently launched the Predictable Volume Program for qualified network members. Visit link: LendingTree Launches New Predictable Volume Program … [Read more...]
Pending-Home Sales Eclipse 2011 Figures by 8%: NAR
February 27, 2012 by
Pending-home sales shot up by 8 percent year-over-year in January, according to the National Association of Realtors. The trade group found that pending-home sales – contract signings for homes that have not yet closed – rose from 89.8 in January last year, which it indexes on a … [Read more...]
Two Banks Go Under, Lifting National Tally to 11
February 25, 2012 by
The lights went dark for two banks in Georgia and Minnesota Friday, with one unable to secure an acquirer for deposits. The cash registers at Little Falls-based Home Savings of America fell silent without any bank scheduled to take up $434.1 million in total assets and $432.2 million in total … [Read more...]