Banking

Charges against Stephen Calk indicate he lied to regulators about what he knew when he approved loans to Paul Manafort, as well as his interest in landing a job in the Trump administration.

The parent of Ponce Bank has agreed to acquire Mortgage World Bankers.

While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed.

Generation X is in its prime earning years, but the financial profiles of those renting are distinctly different from those who own a house, according to LendingTree.

BB&T's acquisition of SunTrust may make the combined company more of a contender in regional metro-area commercial mortgage lending, according to data provider CrediFi.

The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.

Farmers were already taking on more debt to cover losses from falling crop prices. New tariffs and other retaliatory moves could hurt ag borrowers further and lead to loan losses and tighter underwriting.

Democrats and Republicans on the House Financial Services Committee called for steps to minimize the harm to community banks and credit unions bracing for the new accounting standard.

An institution that services housing finance authority loans is putting $2.65 billion in servicing rights from Washington state up for bid through the Mortgage Industry Advisory Corp.

Mortgage activity plunged before the start of the year, but subprime originations dropped the least, according to TransUnion. Despite dwindling volume, borrower delinquency rates hit historic lows in the first quarter.