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Comerica

Exit the Mortgage Banker Finance business

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
12 Jun 2023
Due
31 Dec 2023
Delivered
31 Dec 2023
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Organically exit Mortgage Banker Finance business; expect to be largely complete by year-end 2023”
  • SourceComerica Form 8-K press release, 2023-06-12
  • FilingSEC filing index
  • Deadline as statedby year-end 2023
  • Deadline used31 Dec 2023, the last day of the stated period
  • TypeProject
  • Permanent referenceKI-C-2023-C028412-018393
    Cite as https://keptindex.org/c/KI-C-2023-C028412-018393/ — this address never changes.

What we found

Evidence strength A What the grades mean

Comerica reported that its planned exit from the Mortgage Banker Finance business was mostly or substantially complete by the end of 2023.

  • A
    Comerica 10-K filed 2024-02-28 Regulatory filing · published 28 Feb 2024 · retrieved 21 Oct 2026 · kept permanently by the SEC · fingerprint 5ab1c3bbc4cc
    “a $634 million decline in Mortgage Banker Finance due to the mostly completed planned exit from this line of business.” ✓ confirmed on the page
  • A
    Comerica 10-Q filed 2024-04-26 Regulatory filing · published 26 Apr 2024 · retrieved 21 Oct 2026 · kept permanently by the SEC · fingerprint 02c0ab6e5451
    “strategic actions taken in 2023, including the substantially complete exit from the Mortgage Banker Finance business” ✓ confirmed on the page

Checked 21 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Project other
Indicative materiality
Low rules
Action
Exit
Deliverable
Mortgage Banker Finance business
Language
Expected (“expects”, “plans”)
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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