Capstack Technologies Acquires Edge Tradeworks, Unifying Whole Loans and Participation Trading on One Platform
Capstack Technologies, the leading loan trading platform for financial institutions, today announced the acquisition of Edge Tradeworks Inc. (“Edge”), an institutional-grade whole loan-trading and bank analytics platform. Together, the two companies will offer a first-of-its-kind platform that brings whole loan…
KBRA Assigns Preliminary Ratings to Bridge 2024-SFR1 Securitization
KBRA has assigned preliminary ratings to six classes of Bridge 2024-SFR1 single-family rental pass-through certificates. Bridge 2024-SFR1 is a single-borrower, single-family rental (SFR) securitization collateralized by a $265 million loan secured by first-priority mortgages on 1,130 income-producing single-family homes. The…
FINRA Appoints Julie Glynn and Tina Gubb as Senior Vice Presidents of Enforcement
FINRA announced today the appointment of Julie Glynn and Tina Gubb as Senior Vice Presidents of Enforcement. Gubb’s appointment will take effect on July 22, while Glynn’s will begin in September. Both will report to Bill St. Louis, Executive Vice…
Harleysville Financial Corporation Announces Regular Cash Dividend and Third Quarter Earnings for Fiscal Year 2024
Harleysville Financial Corporation (OTCQX ) announced today that its board of directors has declared a regular quarterly cash dividend of $0.31 per share on the company’s common stock. The dividend is payable on August 14, 2024, to stockholders of record…
loanDepot Introduces Home Equity Loan to equityFREEDOM Suite
loanDepot, Inc. (NYSE: LDI), a leading provider of home lending solutions, has unveiled a new addition to its equityFREEDOM product suite aimed at empowering homeowners to manage their financial and homeownership goals more effectively. With Americans holding a record $32.7…
Webster Financial Corporation Names New CFO Successor and Board Member
Webster Financial Corporation (NYSE: WBS) announced significant appointments and elections to its leadership team and board. The Board of Directors approved the appointment of William (Neal) Holland as Executive Vice President, Finance of both Webster Financial Corporation and Webster Bank,…
Earnest Named Among CNBC’s World’s Top FinTech Companies
Earnest, a prominent fintech company dedicated to enhancing affordability in higher education, has been recognized on CNBC’s prestigious list of the World’s Top FinTech Companies of 2024, in partnership with Statista, a leading statistics portal and industry ranking provider. David…
J.D. Power Launches Mobile App Certification for Banking
J.D. Power has introduced the Mobile App Platform Certification—BankingSM to recognize mobile app technology providers that deliver exceptional user experiences. This certification highlights the commitment of top technology providers to meet high consumer expectations in banking mobile apps. To qualify,…
Citi Ventures Makes Strategic Investment in Endor Labs
Endor Labs, a leader in software supply chain security, has announced a strategic investment from Citi Ventures. This investment further validates Endor Labs’ unique approach to securing the software supply chain, following a $70M oversubscribed Series A financing round less…
Guaranty Bancshares, Inc. Announces Q2 2024 Financial Results
Guaranty Bancshares, Inc. (NYSE: GNTY) (“Company”), the parent company of Guaranty Bank & Trust, N.A. (“Bank”), today announced financial results for the fiscal quarter ending June 30, 2024. The Company reported net income available to common shareholders of $7.4 million,…
Caro Investors Unveils Firm Launch and Strategic Alliance with TPG
Caro Investors Management, LLC (“Caro Investors” or “Caro”), a newly established investment management firm founded by Careina Williams, today announced its official launch and a strategic partnership with TPG, a global alternative asset management company. TPG NEXT will act as…
BNP Paribas and Ant International Promote Cross-Border Payments and Tokenized Deposits
BNP Paribas, Europe’s leading bank, and Ant International, a digital payment and financial technology leader, have entered a strategic partnership to enhance cross-border payment solutions for merchants and consumers in Europe. On July 3, 2024, in Zurich, Douglas Feagin, President…