Browsing: industry

The mortgage industry is once again lacing up its bowling shoes and taking another spin in a collective effort to “Strike Out Cancer” in late February.…

STEPHEN HILGER/BLOOMBERG NEWS Processing ContentKey Insight: The central bank will accept pennies from banks and credit unions, boosting circulation.Expert Quote: “This important step directly addresses the…

Key insight: Despite what was in many ways a tumultuous year, credit unions added members, loans and deposits according to the NCUA’s most recent quarterly statistics. Expert…

While mortgage activity may be down this year, a flurry of deals behind the scenes suggests the industry is far from standing still. The year kicked…

Key insight: Even amid challenging conditions for the auto industry, Ally Financial posted third-quarter earnings that outpaced analysts’ estimates.Supporting Data: Ally’s earnings per share for the quarter…

David Solomon, chief executive officer of Goldman Sachs Group Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York,…

When two organizations dedicated to improving housing affordability join forces, the impact on Canadian communities is significant. Mortgage Professionals Canada (MPC) recently entered a partnership with…

Brazilian President Luiz Inacio Lula da Silva and China’s Great Wall Motor (GWM) CEO Mu Feng attend the opening of the GWM automobile factory on August…

Rocket Mortgage’s acquisition of Redfin has been mischaracterized as harming competition in the mortgage lending space. The truth is that it could be a major boon…

With government regulation of the consumer financial services industry on the wane, can self-regulation help fill the void?Earlier this month, the nonprofit Financial Health Network released…