Capital One Acquires Beech Street Capital August 19, 2013The privately-held, national originator and servicer of Fannie Mae, Freddie Mac and FHA multifamily commercial real estate loans was acquired for an undisclosed sum.
Bank of America Sells $10 Billion Worth of Mortgage Servicing Rights June 05, 2012Nationstar Mortgage Holdings Inc. announced today it has reached an agreement with the bank. Fiserv's Tweddle Elected President of Association for financial Technology November 16, 2011The group is an association comprised of tech companies that serve the financial services industry. Computer Services, Inc.'s Bob Ezell Elected President of AFT September 23, 2009Computer Services, Inc.'s Bob Ezell elected President of AFT; new officers and directors also named at Association for Financial Technology's annual meeting. Freddie Mac Names Bruce Witherell Chief Operating Officer August 19, 2009Freddie Mac names Bruce Witherell Chief Operating Officer; former Morgan Stanley executive will oversee integration across company's three business lines, as well as Operations and Technology division. Suicide Suspected in Freddie Mac CFO Death April 22, 2009David Kellermann, 41, found dead in a reported suicide. Personal Finance Tools Bring New Value to Online Channel January 05, 2009Personal finance tools are breathing new life into Internet banking applications as banks begin to see their value to the customer relationship. Lessons in Risk Management to be Learned from Fannie/Freddie Takeover September 09, 2008 The Pressure on Management Is Intensifying as Conditions Continue to Worsen in Banking July 28, 2008The recent revelations of the weak financial conditions at Fannie Mae and Freddie Mac, and the run on IndyMac Bank, show that the worst is far from over as the banking industry grapples with the subprime mortgage mess and related global credit crisis. Fannie, Freddie Troubles May Have Been Avoided If Technology Was Used Properly July 23, 2008The Fannie and Freddie debacle shows that the mortgage industry could benefit from new tools -- provided lenders use them. Data Warehouses Permit a Holistic View of Customers' Activities April 28, 2008Data warehouses and automated transaction monitoring systems are valuable risk-assessment tools that allow banks a clear view of customers' universe of activity. Retail Banks’ IT Integration Efforts Key to Differentiation July 21, 2007Platform integration is critical for banks seeking to provide exceptional service, study says. Freddie Mac Opens Regional IT Office in Chicago Area January 30, 2007New technology solutions unit a part of growing IT corridor in Schaumburg Federal Agencies Propose ’Red Flags’ for Identity Theft Prevention August 24, 2006Agencies issue proposed rule on identity theft 'red flags.' Limiting Collateral Review Damage June 26, 2006NetBank adds scoring solution from CoreLogic to its collateral review process. Data Takes on a Life of Its Own May 25, 2006Information life-cycle management is a cost-effective, manageable way for banks to organize data from creation to deletion. Stepping Closer to SEPA February 26, 2006EBA Clearing takes on pan-European direct debit challenge. 800 March 30, 2004Heartland Taps Jack Henry; Philippine National Bank Picks Misys; ZANTAZ Adds EDUCOM; BankWest Picks Chordiant; Eontec, Norkom Team; Edify Meets Microsoft; CSC Finds Resolution; Sovereign Uses Fifth Third; PSCU Offers Xpedite Lending's Winding Road December 15, 2003Loan institutions are finding innovative ways to cope with a seismic shift in their business. Bank Bytes November 03, 2003