-
The top five lenders have a combined wholesale volume of more than $15 billion at the end of Q4 2022.
April 25 -
The top five lenders have a combined second lien volume of more than $97 billion at the end of Q4 2022.
April 25 -
First Republic Bank is exploring divesting $50 billion to $100 billion of long-dated securities and mortgages as part of a broader rescue plan, according to people with knowledge of the matter.
April 25 -
The San Francisco bank, on shaky ground after two regional peers failed last month, said that customers pulled more than 40% of their deposits last quarter. It's been forced to turn to more expensive sources of funding, which analysts said will squeeze its profitability.
April 24 -
Prosecutors claim every dollar in subsidy funds from settlements equates to ten times the amount in value in home lending efforts.
April 24 -
Here are the 50 most prolific mortgage originators by the number of loans they produced during 2022.
April 24 -
Revised guidelines permit playing two roles in an FHA transaction, but if its not properly set up, this arrangement can violate RESPA Section 8 legal experts say.
April 21 -
The top five lenders have a combined retail volume of more than $24 billion at the end of Q4 2022.
April 20 -
"Crisis is too strong a word, and words like that get used a lot," though there was "a fair amount of disruption for a few weeks there," Moynihan said.
April 20 -
The Charlotte, North Carolina, company plans to fold the online consumer lending platform LightStream into its broader consumer business. On top of a recent pullback in bond trading, it may also make further reductions in its mortgage business and occupied real estate.
April 20 -
A former employee at the Consumer Financial Protection Bureau sent data on 256,000 consumers and dozens of companies to their personal email account.
April 20 -
Executives at the Minneapolis bank responded to a research report that highlighted the decline in a key capital ratio after an acquisition last year. They don't plan to raise capital but aim to generate more of it from earnings in coming quarters.
April 19 -
The Phoenix bank provided behind-the-scenes details of the fallout from March's banking crisis, when it lost $8 billion of deposits in a single day. The company's share price closed up 24% on Wednesday after executives vowed to reassess its capital and liquidity strategy.
April 19 -
Investment in software that reduces costs and improves efficiency has slowed but innovation continues.
April 19 -
Securities and Exchange Commission Chairman Gary Gensler emphasized the connection between the cryptocurrency market and the recent banking crisis in testimony on Capitol Hill. He seeks more resources to police crypto firms whose business model, he says, is "noncompliance."
April 18 -
Headcount at the nation's second-largest bank has fallen by around 1,000 since the end of last month. More job reductions are in the works after noninterest expenses rose by 6% during the first quarter.
April 18 -
Hispanics will make the majority of homeowners by 2030. How can lenders meet their needs now, and what strategies can they employ in today's lending landscape?
-
The Federal Deposit Insurance Corp. said it will propose a special assessment to cover losses from Silicon Valley Bank and Signature Bank in May, and noted that bank deposit outflows are largely uninsured.
April 18 -
The top five lenders have a combined total volume of more than $40 billion at the end of Q4 2022.
April 18 -
Several of our best of the best share how they were able to keep their pipelines active when industry-wide volume was well below record levels the year before.
April 18



























