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Mortgage applicants find cozy home at some credit unions

Abrigo

Utilizing the Bank Information platform, Sageworks recently released a ranking of the top mortgage lending credit unions in the U.S. by geographic region , identifying the top 10 credit unions by mortgage loan volume for the Northeast, South, Midwest and South. Image via Mapcustomizer.com.

Regional 186
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Podcast: With Rebrand, WaFd Puts Its Bank Identity Front and Center

ABA Community Banking

billion regional institution based in Seattle -- had a problem: many in the general public didn't realize exactly what it did. Washington Federal -- a $16.4 The post Podcast: With Rebrand, WaFd Puts Its Bank Identity Front and Center appeared first on ABA Banking Journal.

Seattle 40
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A Boon For Conglomerates, A Bust For SMEs

PYMNTS

HP Enterprise surprised investors with better-than-expected earnings following the Hewlett-Packard division, and big banks still hold the vast majority of small business lending business in the U.S., 7 out of 9 regions in the U.S. Researchers pointed to Dallas as the city with the strongest growth, followed by Seattle.

Lending 100
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The Week In Payments: Facebook Expands, Travel Rebounds And The Workplace Resets

PYMNTS

In fact, there were a lot of other things to talk about, as Facebook made a major investment in the Indian market, Expedia snapped up $3.2 billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio , giving the social media giant a larger foothold in the region. as their PPP funds have rolled in.

Payments 130
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Market opportunity. Business lending and corporate cards. Stripe is ramping up its private market investments. Expansion into emerging markets.

Online 98
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. Market strategy outside the US. Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending.

Cards 101
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FinCEN reissues real estate Geographic Targeting Orders

Abrigo

Real estate lending BSA training should include GTO guidance , specifically on how to identify red flags at loan origination. At the end of 2021, the Biden administration announced that they would pay closer attention to corruption in the real estate market, with a special focus on all-cash commercial and residential real estate transactions.