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Reluctance to eliminate staff with the hope that business will turn around has been a driver of the multiple quarter stretch of industry losses, its latest study of mortgage lenders found.

CrossCountry Mortgage, American Pacific Mortgage and Fairway Independent Mortgage run their shops this way.

Credit ratings were cut on the highest number of commercial mortgage-backed securities in "recent memory" last week, according to strategists at Bank of America Corp.

Georgia United Credit Union is collaborating with the income-verification fintech Argyle to combat submissions of false documents and other crimes.

Banks need to — and can — take steps to manage the phenomenon, first defined by a Japanese academic in the 1970s, where artificial intelligence looks, feels or sounds human and gives customers a creepy feeling, experts say.

While individuals are piling into cash, for many portfolio managers the debate now is about how far to go in the other direction.

Ronald Leonhardt Jr. pocketed a $7 million profit on the property.

Sculptor said it prefers a deal with Rithm Capital Corp. even though the Weinstein-led bid is higher than the one from the once-obscure real estate investment trust. 

Serious delinquencies remain on the decline, but an increase took place in more recent buckets of 30 and 60 days.

A combination of economic and environmental factors are sending property and flood coverage premiums soaring, which can make costs insurmountable for some.