Commercial banking

A pickup in refinances was offset by the first pullback in purchases in four weeks in the run-up to Labor Day, according to the Mortgage Bankers Association.

The region is poised for growth, given the untapped market potential and deglobalization, which will force greater autonomy from the US and drive increased spending.

A pension fund has been suing former executives over two decades for misleading investors about the company's subprime holdings before the financial crisis.

Strategically introducing AI bolsters FIS' value added services, and improves clients' scalability and decision-making.

James Glover is principal, finance & enterprise, at Deloitte.

Saudi banks may transfer as much as $48 billion in legacy mortgages to SRC by 2030, unlocking liquidity and enabling almost $23 billion of securitization for investors.

Orlando-based Cogent Bank has hired a team to finance single-tenant net lease properties, an asset class characterized by exceptional credit quality.

Dr. Cole Barfield has served as Chief Medical Officer of on-demand virtual care provider First Stop Health since 2024. As a board-certified Internal medicine physician, Dr. Barfield spent the first ten years of his career treating patients in inpatient, outpatient, and virtual primary care settings before co-founding and serving as CMO of Wellview Health, which later merged with SentryHealth before being acquired by First Stop Health in late 2023.

Most big banks saw modest reductions in their requirements following this year's stress tests. The results come as the Fed prepares to smooth year-to-year swings with a new averaging rule.

Joe Myers is executive vice president of global banking at Diebold Nixdorf.

Suresh Sadhu is an expert in SAP Master Data Governance and financial data management, helping organizations achieve clean, compliant, and centralized master data across complex ERP systems. He specializes in implementing governance frameworks, automated workflows, and data validation processes that improve accuracy, reduce errors, and enhance operational efficiency. Surresh partners with finance teams and business leaders to enable confident, data-driven decision-making and support sustainable business performance.

Housing regulator Bill Pulte lodged more fraud allegations against Fed Governor Lisa Cook as she filed a temporary restraining order regarding attempts to remove her.

Notes are expected to pay a coupon of about 2.5% over the Swiss Average Rate Overnight (SARON) with an expected maturity of seven years.

The development bank's finance arm has bundled up exposures in loans it made to 57 companies across regions like Eastern Europe, South America and Asia, in a first for the bank.

Homeward Opportunities also includes an accumulation account to help fund drawdowns related to construction costs, among other costs.

Dan Wertman is the co-founder and CEO of Noetica, a platform used by U.S. law firms to benchmark risk in corporate credit and M&A deals. Previously, Wertman worked at BlackRock and Wachtell, Lipton, Rosen & Katz.

Karen Servidea, JD, is a senior legal analyst for Wolters Kluwer Legal & Regulatory, U.S. She tracks, analyzes and writes about tax law developments for the Standard Federal Tax Reporter, Exempt Organizations Reporter, and Tax Essentials. She previously practiced in civil tax litigation.

The Canadian bank said it will take at least a year to hit an inflection point in U.S. loan growth. It has been shedding assets in an effort to free up space for growth in more promising business lines.

The 30-year fixed rate mortgage fell 2 basis points this week, Freddie Mac said, but other sources like Zillow and Lender Price reported larger drops.

Yields on two- to five-year notes rose at least two basis points to session highs after the U.S. economy's second-quarter growth rate was revised to 3.3% from 3%, exceeding economist expectations.