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Big bank CEOs to meet with Obama on shutdown

Chief executives of the nation's top banks will meet with President Barack Obama on Tuesday as Wall Street pushes Congress to reopen. The meeting's VIP list includes Goldman Sachs (GS) CEO Lloyd Blankfein, JPMorgan Chase (JPM) CEO Jamie Dimon and Citigroup’s (C) Michael Corbat.

The White House visit, confirmed by three people familiar with the schedule, was set up by the Financial Services Forum, a trade group representing the CEOs of the 19 largest banking and insurance firms. The executives are also set to meet with Treasury Secretary Jacob J. Lew and several lawmakers.

The CEOs plan to discuss the White House’s negotiations with Congress over funding the government and raising the U.S. debt ceiling, said the people, who spoke on condition of anonymity because details of the meeting were still being worked out.

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loanDepot’s Frank Martell on building lifelong consumer relationships through technology 

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down for a tantalizing conversation with Frank Martell, the president and CEO of loanDepot, to discuss the company’s profitability in the third quarter of 2024 and its Project North Star growth plan for 2025.

3d rendering of a row of luxury townhouses along a street

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