Origination

Net income climbed 13% as as the Fed's hike improved loan yields and the stock market’s surge boosted returns from PNC’s stake in BlackRock, the world’s largest asset manager.

Record loan originations and the continued accumulation of wealth management assets added up to 12% earnings growth at the San Francisco bank.

Some are wording the language of amendments used to refinance deals so as to be able to benefit if risk retention rules are repealed.

Mortgage applications increased 1.5% from one week earlier even though refinancing activity continues to shrink, according to the Mortgage Bankers Association.

When Tom Bauer put his three-bedroom, two-bathroom tri-level house in Oak Creek up for sale late last summer, it drew little interest, so he took it off the market just before Christmas.

After years of sitting on the sidelines of the housing market, a growing population of millennials has begun to embrace the financial benefits of owning a home.

The lender relationships resulted from a partnership the government-sponsored enterprise entered into with a non-profit housing group.

Bank earnings could be hurt this year as big retailers close stores and file for bankruptcy. The situation has sparked a debate about how much CRE and C&I books will suffer just as lenders were putting other commercial woes behind them.

More renters are optimistic about their financial situations and expect to stay where they are even if their rents increased.

Analysts at Goldman Sachs Group say it's not too late to bet against commercial mortgage bonds, even if parts of the trade have become crowded this year.