SWBC Mortgage Honored with 2025 Home Possible RISE Awards® for Fastest Growth by Freddie Mac
We remain committed to helping families across the country achieve the dream of homeownership through innovative, accessible, and sustainable lending solutions.
The annual program, Recognizing Individuals for Sustained Excellence (RISE) Awards, celebrates top sellers across multiple categories for excellence with Freddie Mac Home Possible® and Housing Finance Agency (HFA) Advantage® mortgages—affordable lending solutions expanding access to low- to moderate-income borrowers.
This recognition, awarded in May 2025, underscores SWBC Mortgage's strong dedication to expanding homeownership opportunities and addressing affordability challenges through innovative and responsible lending solutions. The company earned this distinction based on its significant loan volume growth between the first and second half of 2024.
'We are honored to receive this award from Freddie Mac. This recognition is a testament to the hard work and dedication of our entire team,' said Kerry Dannenberg, President of SWBC Mortgage. 'We remain committed to helping families across the country achieve the dream of homeownership through innovative, accessible, and sustainable lending solutions.'
For more information about SWBC Mortgage and its lending programs, visit our website.
About SWBC Mortgage Corporation
SWBC Mortgage Corporation, a wholly owned subsidiary of SWBC, is a full-service mortgage lender approved by FNMA, FHLMC, and GNMA. Headquartered in San Antonio, Texas, SWBC Mortgage has been providing mortgage banking services since 1988. Through the changing landscape of the mortgage industry, the company has remained committed to service, integrity, and stability while growing to serve communities and borrowers in 44 states + D.C. Today, SWBC Mortgage is consistently recognized as one of the top 50 lenders in America and is home to numerous top-ranked originators. Building on a rich history of success, SWBC Mortgage has highly experienced team members who leverage streamlined digital tools to deliver efficient service and support, while providing a personal, experienced touch to the mortgage process. SWBC Mortgage provides innovative technology and resources built to streamline the mortgage process and provide support from application through servicing.
About SWBC
As a diversified financial services company, SWBC provides financial institutions, businesses, and individuals with a wide range of insurance, mortgages, wealth management, employee benefits, and more. Headquartered in San Antonio, Texas, SWBC has partners and divisions across all 50 states and Mexico and manages businesses worldwide. No matter how wide its reach, SWBC always listens to our customers' needs, analyzes their current situations, and recommends customized solutions. For more information about our innovative approach to personalized service, visit SWBC's website.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
4 hours ago
- Business Upturn
Radware Reports DDoS Attack Volumes in APAC Rise 364%
TOKYO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, released threat intelligence findings that offer a year-over-year look at the rise in cyber activity in the APAC region. Radware's threat intelligence is based on 2024 network and application attack activity sourced from the company's cloud and managed services, and threat intelligence research team. In addition, it draws from information found on Telegram, a public messaging platform often used by cybercriminals. Key findings Between 2023 and 2024 in APAC: Average mitigated DDoS attack volumes rose 364%. The number of DNS flood queries rose 93%. Government institutions were the top hacktivist targets, followed by education. 'Across APAC, there has been a sharp escalation in the frequency and intensity of cyberattacks and DDoS incidents are leading the charge,' said Kenichiro Sasaki, Radware's county manager in Japan. 'Multiple catalysts are driving the threat revolution, including geopolitical conflicts, bigger and more complex threat surfaces, and more sophisticated and persistent threats. Add to that the impact of AI, which is lowering barriers to entry, and what you have is a highly dynamic threat environment that demands equally dynamic defense strategies.' Network-layer DDoS attacks grow three times bigger In 2024, network DDoS attack activity and intensity witnessed a significant uptick in APAC. According to Radware's threat intelligence: Attack activity : The average number of DDoS attacks per customer increased 72% compared to 2023. : The average number of DDoS attacks per customer increased 72% compared to 2023. Attack volume: The average mitigated DDoS attack volume climbed 364% over 2023. The average mitigated DDoS attack volume climbed 364% over 2023. Industry targets : Services providers bore 55% of the network DDoS attack volume, followed by technology at 21% and gaming at 11%. Application-layer DNS DDoS attacks post major gains Last year was a pivotal year in the global evolution of Layer 7 DNS DDoS attacks. During 2024 in APAC: Attack activity: The number of DNS flood queries rose 93% compared to 2023. The number of DNS flood queries rose 93% compared to 2023. Attack volume: Malicious DNS volume increased 93% over 2023. Malicious DNS volume increased 93% over 2023. Industry targets: The manufacturing sector accounted for 43% of malicious DNS Query Flood activity. Telecom (40%) ranked second, followed by energy (14%). Hacktivist campaigns intensify, marked by retaliation and disruption Propelled by political and ideological tensions, hacktivism remained a leading driver of cyberattacks. On a global basis, the total number of hacktivist-claimed DDoS attacks increased by 20% between 2023 and 2204, according to data gathered from Telegram. Across APAC, 2024 Telegram data revealed: Geographic targets: The top targeted country was India with 761 claimed attacks, followed by Indonesia (614), Taiwan (281), Thailand (220), and Bangladesh (188). The top targeted country was India with 761 claimed attacks, followed by Indonesia (614), Taiwan (281), Thailand (220), and Bangladesh (188). Industry targets: Government institutions were the top hacktivist targets, accounting for 17% of hacktivist activity, followed by education (12%) and finance (9%). Government institutions were the top hacktivist targets, accounting for 17% of hacktivist activity, followed by education (12%) and finance (9%). Top claiming actors: Executor DDoS was the most prolific threat actor with 513 claimed DDoS attacks, followed by RipperSec (467), and NoName057(16) (362). A comprehensive global view of the threat landscape can be found in Radware's new 2025 Global Threat Analysis Report. About Radware Radware® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company's cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware's solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website. Radware encourages you to join our community and follow us on: Facebook, LinkedIn, Radware Blog, X, and YouTube. ©2025 Radware Ltd. All rights reserved. Any Radware products and solutions mentioned in this press release are protected by trademarks, patents, and pending patent applications of Radware in the U.S. and other countries. For more details, please see: All other trademarks and names are property of their respective owners. THIS PRESS RELEASE AND THE RADWARE 2025 GLOBAL THREAT ANALYSIS REPORT ARE PROVIDED FOR INFORMATIONAL PURPOSES ONLY. THESE MATERIALS ARE NOT INTENDED TO BE AN INDICATOR OF RADWARE'S BUSINESS PERFORMANCE OR OPERATING RESULTS FOR ANY PRIOR, CURRENT, OR FUTURE PERIOD. Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice. The contents of any website or hyperlinks mentioned in this press release are for informational purposes and the contents thereof are not part of this press release. Safe Harbor Statement This press release includes 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware's plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'intends,' 'estimates,' 'plans,' and similar expressions or future or conditional verbs such as 'will,' 'should,' 'would,' 'may,' and 'could.' For example, when we say in this press release that the impact of AI, which is lowering barriers to entry, causes a highly dynamic threat environment, we are using forward-looking statements. Because such statements deal with future events, they are subject to various risks and uncertainties, and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware's current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions, including as a result of the state of war declared in Israel in October 2023 and instability in the Middle East, the war in Ukraine, tensions between China and Taiwan, financial and credit market fluctuations (including elevated interest rates), impacts from tariffs or other trade restrictions, inflation, and the potential for regional or global recessions; our dependence on independent distributors to sell our products; our ability to manage our anticipated growth effectively; our business may be affected by sanctions, export controls, and similar measures, targeting Russia and other countries and territories, as well as other responses to Russia's military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; the ability of vendors to provide our hardware platforms and components for the manufacture of our products; our ability to attract, train, and retain highly qualified personnel; intense competition in the market for cybersecurity and application delivery solutions and in our industry in general, and changes in the competitive landscape; our ability to develop new solutions and enhance existing solutions; the impact to our reputation and business in the event of real or perceived shortcomings, defects, or vulnerabilities in our solutions, if our end-users experience security breaches, or if our information technology systems and data, or those of our service providers and other contractors, are compromised by cyber-attackers or other malicious actors or by a critical system failure; our use of AI technologies that present regulatory, litigation, and reputational risks; risks related to the fact that our products must interoperate with operating systems, software applications and hardware that are developed by others; outages, interruptions, or delays in hosting services; the risks associated with our global operations, such as difficulties and costs of staffing and managing foreign operations, compliance costs arising from host country laws or regulations, partial or total expropriation, export duties and quotas, local tax exposure, economic or political instability, including as a result of insurrection, war, natural disasters, and major environmental, climate, or public health concerns; our net losses in the past and the possibility that we may incur losses in the future; a slowdown in the growth of the cybersecurity and application delivery solutions market or in the development of the market for our cloud-based solutions; long sales cycles for our solutions; risks and uncertainties relating to acquisitions or other investments; risks associated with doing business in countries with a history of corruption or with foreign governments; changes in foreign currency exchange rates; risks associated with undetected defects or errors in our products; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; laws, regulations, and industry standards affecting our business; compliance with open source and third-party licenses; complications with the design or implementation of our new enterprise resource planning ('ERP') system; our reliance on information technology systems; our ESG disclosures and initiatives; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radware's Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware's public filings are available from the SEC's website at or may be obtained on Radware's website at . Media Contact:Gerri DyrekRadware [email protected]
Business Wire
7 hours ago
- Business Wire
FlexGen Expands Global Battery Energy Storage Leadership with Court Approval of Powin Assets Acquisition
DURHAM, N.C.--(BUSINESS WIRE)--FlexGen Power Systems, LLC ('FlexGen'), a leading provider of battery energy storage solutions and energy management software, today announced that the U.S. Bankruptcy Court for the District of New Jersey, the Court presiding over the Chapter 11 cases of Powin, LLC and Powin affiliates, has approved FlexGen's acquisition of a substantial portion of Powin's business, advancing FlexGen's mission to future proof global grids and growing energy demand through battery energy storage. 'This is a significant milestone, not just for FlexGen, but for the entire industry, as storage is no longer a nice-to-have, but rather, essential to meeting global energy demand and opportunities,' said FlexGen CEO, Kelcy Pegler. Share Through the acquisition, FlexGen will own all of Powin's IP, including hardware IP, software IP and information technology systems, along with a significant spare parts inventory. Upon closing of the acquisition, FlexGen will support over 25 GWh of battery energy storage systems and 200 projects across 10 countries in its portfolio. FlexGen's Remote Operations Center (ROC) will gain system visibility to ensure continuity for Powin customers, while its FlexGen HybridOS® controls software, analytics modules and lifecycle services will be made available to provide additional insights and best-in-class system availability. 'This is a significant milestone, not just for FlexGen, but for the entire industry, as storage is no longer a nice-to-have, but rather, essential to meeting global energy demand and opportunities,' said FlexGen CEO, Kelcy Pegler. 'With this acquisition, we will continue to deliver the reliability and intelligence the grid, data centers and communities need to thrive in a world of growing energy needs.' Drawing on 15 years of integration experience with over 65 configurations from 22 global vendors, FlexGen is prepared to deliver immediate continuity and support for Powin customers. With its full suite of lifecycle services and hardware-agnostic FlexGen HybridOS® software products, FlexGen meets operators where they are today while driving an AI-centric roadmap for its analytics module and sophisticated controls software. The impact is futureproofing customer investments with maximum uptime and minimal disruption. 'Our top priority is customer success and delivering immediate operational stability, maximizing the value and performance of their systems. FlexGen's proven financial strength means we're a capital-light software and services partner that will remain in business to deliver on our customer promises,' added Gary Cristini, FlexGen's CFO. 'We thank Powin for their early-mover role in shaping the dynamic and important grid-scale battery market and honor our commitment to carry on that legacy and deliver exceptional uptime, reliability and customer success.' For more information about FlexGen and this transition, visit: If you're an existing Powin customer with questions, please reach out to: PowinSupport@ About FlexGen Power Systems, LLC. FlexGen provides industry-leading software and services for deploying, managing and optimizing battery energy storage systems. FlexGen leverages decades of software, engineering, and procurement expertise to solve today's toughest energy challenges that enable the transition to a modern electric grid. FlexGen HybridOS® energy management software seamlessly integrates with any battery OEM and offers advanced analytics and AI-driven insights that allow energy storage owners to deploy diverse power market strategies and integrate various generation forms, enhancing grid stability and economic returns. Serving more than 25 GWh and over 200 energy storage systems enabled by FlexGen, we are trusted by the most technically and commercially demanding developers, utilities, government agencies, and industrial companies in the world.
Business Wire
9 hours ago
- Business Wire
Apple and Corning partner to manufacture 100 percent of iPhone and Apple Watch cover glass in Kentucky
CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® and Corning today announced a major expansion of their long-standing partnership to make precision glass for Apple products. Apple is making a new $2.5 billion commitment to produce all of the cover glass for iPhone® and Apple Watch® in Corning's Harrodsburg, Kentucky, manufacturing facility. This means that 100 percent of the cover glass on iPhone and Apple Watch units sold worldwide will be made in the U.S. for the first time. Corning is creating the world's largest and most advanced smartphone glass production line at the Harrodsburg facility. Corning will now dedicate this entire facility to manufacturing for Apple, which will help increase Corning's manufacturing and engineering workforce in Kentucky by 50 percent. The two companies will also open a new Apple-Corning Innovation Center at the Harrodsburg plant. The Innovation Center will play a key role in the development and engineering of advanced materials and next-generation manufacturing platforms for Apple's future generations of products. These projects are part of Apple's broader commitment to spend and invest more than $600 billion in the U.S. economy over the next four years. This includes Apple's newly announced American Manufacturing Program (AMP), which will invest across America and incentivize global companies to onshore production and manufacture even more of Apple's critical components in the United States. 'Corning is a storied American company, and we're thrilled to work together to build the largest and most advanced production line ever created for smartphone glass,' said Tim Cook, Apple's CEO. 'Thanks to the power of American manufacturing, any customer anywhere in the world who buys a new iPhone or Apple Watch will be holding precision glass made right here in Kentucky. We're grateful to the President and his administration for their support for American manufacturing, and we're excited for the innovation this investment will unlock.' 'Apple is an amazing partner for American manufacturers like us, and together, we've innovated and pushed the boundaries of what's possible,' said Wendell Weeks, Corning's CEO. 'We developed and made the glass for the very first iPhone in Harrodsburg, Kentucky, 18 years ago. With this new multibillion-dollar commitment from Apple and the lighting of our most advanced manufacturing platform, we are hiring more people and bringing 100 percent of Apple's cover glass needs for iPhone and Apple Watch to the original home of the innovation.' This announcement continues a partnership that has been in place between Apple and Corning since the launch of the original iPhone in 2007. Today, the Harrodsburg, Kentucky, facility produces high-quality glass for Apple called Ceramic Shield®. This advanced glass — the toughest in any smartphone — is the result of years of innovation by Apple and Corning engineers working closely together. Since the creation of Apple's U.S. Advanced Manufacturing Fund in 2017, Apple has invested nearly $500 million in Corning's Kentucky operations, with billions more spent on glass manufactured in the U.S. Corning also provides raw materials used by another AMP company, GlobalWafers, which will use silicon from Corning to manufacture advanced bare wafers in the U.S. for the first time. In that way, Corning also plays a key role in Apple's supply chain for producing advanced silicon chips in America. Apple has a long history of investing in the U.S., creating opportunity and driving American innovation. Today, Apple partners with thousands of suppliers across all 50 states, supporting more than 450,000 supplier and partner jobs. In the next four years, Apple plans to directly hire 20,000 people in the U.S. — the vast majority focused on R&D, silicon engineering, software development, and AI and machine learning. Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple's six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV+. Apple's more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it. NOTE TO EDITORS: For additional information visit Apple Newsroom ( or email Apple's Media Helpline at © 2025 Apple Inc. All rights reserved. Apple, the Apple logo, iPhone, Apple Watch, and Ceramic Shield are trademarks of Apple. Other company and product names may be trademarks of their respective owners.
