Commercial banking

Darin Campana is a Senior Manager of Insurance Consulting for EPAM Continuum.  In this role, he provides advisory services to insurance clients through their transformation and modernization journeys. With more than 26 years of experience across consulting and insurance industries, Darin helps clients enable technologies in the disruption of today's insurance markets including intelligent process automation, big data, artificial intelligence (AI), omni-channel applications and IoT. 

Steven Tesler is Senior Manager of Insurance Consulting for EPAM Continuum, the integrated business, technology and experience consulting practice of EPAM Systems, Inc. With more than 25 years of experience supporting the Insurance Industry as a Consultant, Technology Strategist, and Solutions Consultant, Steven has a track record of managing cross-functional teams in executing strategic initiatives across the business, finance, operations, and technology from design through implementation.

At the same time, the 15-year fixed rate loan rose above 7% for the first time in nearly 23 years, Freddie Mac reported.

DriveTime is a longtime issuer, but Bridgecrest Lending Auto Securitization is the first securitization of the sponsor's assets that Bridgecrest Acceptance services.

Clement Feng is vice president of product management for Briggs & Stratton Energy Solutions, which has a portfolio that includes home standby generators and energy storage systems for homeowners and businesses.

Ted Pick, a co-president and three-decade veteran of the firm, will be elevated to the top role in January and join the board, the bank said in a statement Wednesday.

If the Federal Housing Administration's rulemaking on home equity conversion mortgages were to go into effect as written, borrower contributions would be reduced by thousands of dollars.

Home equity investment (HEI) agreements homeowners receive upfront cash payments in exchange for giving an investor a stake in the property and the right to collect returns.

Rep. Andy Barr, R-Ky., a senior Republican on the House Financial Services Committee, said he intends to press Federal Reserve Chair Jerome Powell to refine the Basel III capital proposal before it is finalized.

Matt Cameron is head of policy and regulatory affairs of Remitly.

Saema Somalya is chief legal and corporate affairs officer of Remitly.

Loretta L. Worters is vice president of media relations at the Insurance Information Institute. She works with the National Coalition Against Domestic Violence on the importance of financial planning that helps survivors prepare for a better life. She has also served on the Allstate Foundation board along with the National Network to End Domestic Violence Fund and currently serves on the IICF Northeast Division board.

Esoteric transactions' premiums and longer durations are especially attractive, as other consumer assets are put to the test.

DBRS says 98.2% of the loans have been performing since origination, while just 1.8% of the pool is 30 to 59 days delinquent in payments.

After years of discussion among regulators, the Federal Reserve Board has approved changes to its CRA rules that will base compliance exams on where lending occurs rather than branch locations. The updates — set to take effect in January 2026 — also emphasize lending in lower-income areas as well as community development loans and investments.

Christopher Zellman, CPA. is a principal in the CFO Advisory Services Department of Prager Metis CPAs. He has more than 30 years of experience in the accounting profession.

Cat bonds are rising in popularity as their returns trounce those of virtually all other debt markets. This year, the securities are up about 17%, while investors in US Treasuries have lost money.

The transaction could be upsized to $1.25 billion, from $1 billion, but the 4.00% overcollateralization level is expected to remain constant through the life of the deal.

After weathering a barrage of industry shifts, weaker office fundamentals also mean special servicing has increased on office CMBS pools.

David True is a payments nerd with more than 30 years of experience on the issuing, network and acquiring areas of card payments. He has been consulting for much of the last two decades, since 2016 as a founding partner of PayGility Advisors.