Banking Articles

These Banking articles will give you the news and information you need to stay up to date in the ever changing Banking industry.

October 7, 2013 – 1,106 views
Banker Resource
A mortgage is a loan acquired using real estate as collateral to the lender. The word ‘Mortgage’ is a technical term from French law, which literally translated, means death contract. A mortgage is so named because the contract comes to an end, or dies when the borrower repays the principal and interest to the lender, or when the borrower is unable to pay back the mortgage loan within the allotted time period, in which case the lender gains ownership of the real property pledged as collateral by the lender (Foreclosure)... Full Story 
October 3, 2013 – 1,066 views
Banker Resource
While the House of Representatives was outlining its agenda for the next two months of floor hearing, the market learned that the housing finance reform did not make it to the priority list of the policymakers. This suggests that no government-sponsored enterprise bill will be considered by the House at least not until the end of the year. This has thrown light on the fact that the officials are still facing problems in bringing a reform in the sustainability of the system of mortgage finance... Full Story 
September 25, 2013 – 1,227 views
Banker Resource
The Federal Home Loan Bank in New York City has made it clear that they are looking forward to grooming their next CEO, Jose Ramon Gonzalez. The Federal Home Loan Bank is one of the top home loan banks in the state as well as the country and boasts a great record with regard to customer satisfaction and versatility. Their operations in the mortgage lending sphere is one that is flexible for its customers. This government owned bank has decided to put its faith in Gonzalez as they are looking for substantial growth and sustainability in the coming fiscal quarters... Full Story 
September 20, 2013 – 1,135 views
Banker Resource
In business you will find that information is your biggest asset. Whether it is technological know-how or a special ingredient in your secret-ingredient-noodles, you have to keep your trade secrets close to you. The moment they become public information, both your competitors and your customers will have the capability to bring your firm down... Full Story 
September 18, 2013 – 1,186 views
Banker Resource
In reaction to a world where many people are moving cash from one location to another, US Bank has decided to partner with the big money transferring company, Western Union, in order to enable peer to peer payments with a mobile banking app. The Minneapolis Bank has stated that people will be able to move cash to up 500,000... Full Story 
September 16, 2013 – 1,050 views
Banker Resource
Around five years ago, banks started using social media so as to embrace the most popular tool of the times. They've used it for promotions, but the main focus is community building where a bank can share its mission and history and keep a conversation going with their stakeholders. Consumers are increasingly using social media platforms to choose banking services... Full Story 
September 11, 2013 – 1,173 views
Banker Resource
For the past few years, many commercial banks are depending on outdated software and portals to handle their client's accounts and information. Although these portals are highly secure and pretty effective, it lacks a 21st century feel to it due to its lack of design and conceptualization. This has prompted Backbase, one of the leading Dutch Software companies, to create a portal only for commercial banks called Backbase for Commercial Banking. The main purpose of the portal is to increase different... Full Story 
September 11, 2013 – 1,273 views
Banker Resource
With technology growing at a rapid pace, many businesses are now finding new ways to impress their customers by making their operations more tech-friendly. This allows customers to be a part of the business by accessing their information from computers or mobile devices from anywhere in the world. In the case of banks, customers are now able to check their online bank account balances with a swipe of their finger or the press of a button. This has made it easier for... Full Story