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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. • Indianapolis, Indiana – First Internet Bank of Indiana ($249 million). • Detroit, Michigan – Flagstar Bank ($4.65

Cleveland 150
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Payroll Fraud Could Cost KeyCorp $90M

PYMNTS

The customer involved in the fraud is Interlogic Outsourcing, which processes payrolls and is based in Elkhart, Indiana. percent and the company lost about $178 million from its market cap, dragging it to $17.56 The event occurred in the beginning of Q3. Shares in KeyCorp fell 1.8 billion from $17.735 billion. KeyBank’s five-year, $16.5

Fraud 142
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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. Online lending . Yesterday’s “real” action resulted in a market cap of around $2 billion. Twilio’s Excellent IPO Adventure .

Lending 101
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DOJ settles redlining lawsuit against First Merchants Bank

CFPB Monitor

Department of Justice announced last Thursday that it had reached an agreement with First Merchants Bank, an Indiana state-chartered bank, to settle the redlining lawsuit that the DOJ filed against the bank on June 13, 2019 simultaneously with a settlement agreement and agreed order. Maintaining a fair lending monitoring program.

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2016 Ended Sluggishly, Despite Hopes

PYMNTS

Other big businesses like Indiana-headquartered, global engine maker Cummins are being cautious and say that the company is entering into the next year with a conservative view. The post-election sentiment has increased hopes for tax cuts and deregulations, which could lend a kick start to businesses, consumers and, ultimately, the economy.

Indiana 100
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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. is the parent company of First Harrison Bank, a community bank headquartered in Corydon, Indiana.

Indiana 78
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Delivering Trust for Risk-Aware Telcos - Using Data and Analytics

FICO

In today’s markets, providers can opt to reduce their costs by making customer decisions based on the most accurate data sets only. Success in retaining markets share while staying profitable hinges on carefully planning and optimizing their acquisition strategies from the outset. But it’s simply unnecessary. See all Posts.