Bell State Bank Acquires The Business Bank
Fargo, N.D.-based Bell State Bank & Trust has announced its purchase of The Business Bank and its Prime Mortgage division, both based in...
Weekly Mortgage Applications Up 11.7%
Mortgage applications increased 11.7% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) weekly mortgage applications survey for the...
Old National Acquires 24 Bank Of America Branches
Evansville, Ind.-based Old National Bancorp has announced that its bank subsidiary, Old National Bank, entered into a purchase and assumption agreement to acquire...
Milwaukee Credit Union Is Year’s First Failed Financial Institution
The year's first closure of a financial institution has been announced: The Wisconsin Office of Credit Unions liquidated Milwaukee-based New Covenant Missionary Baptist...
Four Florida Realtor Groups Launch MLS Data Initiative
Irvine, Calif.-based CoreLogic has announced that four Realtor organizations in Southwest Florida are launching a multiple listing service (MLS) data-sharing initiative using MLS...
AIG Mulls Over Lawsuit Against Washington
From the bite-the-hand-that-saves-you department: American International Group (AIG) is reportedly considering if it should join a $25 billion shareholder lawsuit against the federal...
Elizabeth Warren: Put Barney Frank In The Senate
Barney Frank's public campaign to be named interim senator for Massachusetts has been seconded by Sen. Elizabeth Warren, D-Mass. TheHill.com reports that Warren...
Petition Drive Advocates Krugman As Next Treasury Secretary
Although President Obama has yet to announce his choice for the next Treasury Secretary, more than 200,000 people have signed a petition requesting...
NAFCU Announces Leadership Change
Fred Becker, president and CEO of the National Association of Federal Credit Unions (NAFCU), has announced that he will retire on July 31....
Solidifi ‘Joins Forces’ With Kirchmeyer
Solidifi, an independent real estate appraisal management company, has announced that it has 'joined forces' with Kirchmeyer & Associates in a deal that...
Mortgage Harmony In Alliance With LenderLive Network
McLean, Va.-based Mortgage Harmony Corp. has announced an alliance with Glendale, Colo.-based LenderLive Network Inc. that is designed to enhance market awareness of...
Citigroup Shuffles Executive Management Team
Citigroup has announced a number of changes in its management team. Jamie Forese and Manuel Medina-Mora have been named co-presidents. Forese will be...
FHFA Approves Fannie Mae-Bank Of America Agreement
The Federal Housing Finance Agency (FHFA) has approved an agreement between Fannie Mae and Bank of America to resolve certain claims related to...
Basel III Global Liquidity Standards Are Less Harsh Than Expected
A worst-case scenario related to the Basel III accords did not materialize, as newly announced global liquidity standards have turned out to be...
CoesterVMS Debuts Flat-Fee Model For Residential Appraisals
Rockville, Md.-based CoesterVMS has implemented what is being billed as the appraisal industry's first-ever flat fee model for residential appraisals. Under the flat...
Texas Muslims Seek To Create Credit Union
A Muslim group in Texas is seeking to create its own credit union. CUNA News reports that the Texas Credit Union League is...
Barney Frank Seeks Interim Senate Appointment
Barney Frank wants to return to Capitol Hill - this time, to serve in the Senate. The Huffington Post reports that the former...
Dubai Islamic Bank Acquires Tamweel
Dubai Islamic Bank, the world's oldest Shariah-compliant lender, has announced that it will fully acquire Tamweel, one of the largest real estate developers...
HUD Announces Settlement In Discrimination Case Against Lesbian Couple
The U.S. Department of Housing and Urban Development (HUD) has announced an agreement with Bank of America to settle a claim that the...
MBA: Mortgage Applications Ended 2012 In Decline
Mortgage applications declined during the final two weeks of 2012, according to new data from the Mortgage Bankers Association (MBA) for the two...