Deposit/Credit Products

When Corey Vandenberg worked in retail banking—for 17 years, in fact, before he set up shop as mortgage banker in Lafayette, Indiana—he was always stunned at all the paperwork customers had to furnish to show proof of income to buy a house.

Not long ago, bankers tallied creditworthiness with a fat envelope full of papers they assessed over the course of weeks.

In many ways, 2018 has started very much where we all left off in 2017.

Thus far in 2017, interest rates haven’t risen as quickly or high as many industry prognosticators anticipated.

Both major government-sponsored enterprises, Freddie Mac and Fannie Mae, are working to streamline the mortgage manufacturing to make securing and acquiring mortgages more efficient.

When the peer-to-peer loan service LendingClub arrived 2007, many envisioned a major disruption to end the bank loan business as we knew it.

The competition for market share in the banking industry is fierce.

In their attempts to answer the question that never goes away—“How to drive portfolio growth in the current lending environment?”—many financial institutions have turned to commercial real estate.

A customer walks into a bank to apply for a car loan and finds out they don’t qualify.

John Leekley likes to vacation at a remote cabin in Upstate New York’s Adirondack Mountains.