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The regional bank has already seen a large reduction in "criticized" loans, and it expects that trend to pick up as lower borrowing costs alleviate the pain in the commercial real estate sector.

Loan applications increased for the third week in a row, as borrowers responded to recent falling rates, the Mortgage Bankers Association said.

Mark McArdle advised attendees to remain cautious about the reasons behind implementation of artificial intelligence.

The analytics tool takes a look at geography and borrower activity to help pinpoint areas with high concentrations of loans at risk from natural disasters.

Federal Reserve Vice Chair for Supervision Michael Barr outlined the changes he and other regulators would like to see to the capital reform plan, including largely excluding banks with less than $250 billion of assets.

Negotiation of fees has become much more common, but most sellers are still willing to cover the buyer agent commission, at least to some extent, Redfin said.

Home selling sentiment was mostly unchanged, even though some shifts appeared on a regional basis, according to the latest Fannie Mae research.

Growth in housing costs should slow down over the next two years, but projections for 2024 were revised upward in a Fannie Mae survey of experts.

Federal Reserve Bank of New York President John Williams said he's seen enough data to be comfortable with a rate cut at the Federal Open Market Committee meeting later this month.

The lender is asking U.S.Tax Court to find IRS adjustments in error and clear the company of any liability or penalties.

The central bank has been under pressure to modernize its last-resort lending operation since the failure of three large regional banks last year.

The Consumer Financial Protection Bureau said some non-profit hospitals are failing to provide assistance to low-income consumers, while landlords may be illegally charging fees to pay rent through online portals.

Net income climbed more than 11% from the first quarter, even as banks set aside more money for possible bad credit and wrestled with deteriorating office markets.

The new offering from United Wholesale Mortgage replaces a July through Labor Day promotion that only covered certain FHA and VA refinance products.

Borrowers who worked with third party originators last year will save on average over $10,000 over the life of their loan, according to an analysis of public data.

The bureau claimed Newday USA deceived homeowners by failing to disclose the costs associated with a cash-out refinance when compared alongside their existing mortgages.

Recent rate movements have failed to result in significant purchase growth, but refinances are providing lenders some lift.

New rules from Treasury's Financial Crimes Enforcement Network will mandate reporting for non-financed real estate transfers and expand anti-money-laundering requirements for investment advisors.

Purchases managed a small rise, but refinance activity held steady, according to the Mortgage Bankers Association.

The latest proposal for the two government-sponsored enterprises' affordable housing targets scales down some benchmarks for a tough market, but also raises one.