Banking

Lenders would have a lighter data-reporting burden, but they may end up deciding to collect the data anyway.

As mortgage lenders continue seeking ways get more trustworthy consumers into the housing market, a majority of them are utilizing alternative credit as a means of assessing borrower risk, according to Experian.

A new integration between Blend and Ellie Mae seeks to improve the use and accessibility of electronic mortgage documents, the latest in an ongoing industry effort to create a more simplified and consistent borrower experience.

As President Trump signed the regulatory relief bill into law on Thursday, most of the attention was on a provision to help regional banks with more than $50 billion of assets. But a majority of the new law is aimed at helping institutions below $10 billion. Here's how.

The Canadian banks' second-quarter profits were also boosted by double-digit income growth at their U.S. operations.

Union Bankshares has reached an agreement under which Federal Savings Bank will originate mortgages in its branches.

As the mortgage industry moves farther past the housing crisis, access to credit remains tight, especially for first-time homebuyers.

The bill passed by the House took a more cautious approach to relief than prior legislative proposals but has still been hailed by banking industry groups.

The Nashville company significantly reduced the 2018 earnings projection for its mortgage business.

The company has also hit its goal of having half of total loans tied to customers around Atlanta.

Call it mutual respect. Bankers from mutually owned British building societies and similarly structured U.S. thrifts recently gathered in New England to address common challenges and share ideas about staying relevant at a time of rapid change in financial services. Here are the takeaways from their meetings.

The post-recession boom in auto loans and credit cards for borrowers with marred credit histories has been winding down in recent months.

Mick Mulvaney’s recent comments about the CFPB Qualified Mortgage rule have triggered a debate over whether regulators should take into account more than one underwriting model.

Commercial and multifamily loan originations may not be up by much from a year ago, but borrowing and lending behaviors were drastically different in the first quarter.

Supporters say pending legislation would help consumers with little or no credit history. But the bill would instead roll back key consumer protections.

Acting CFPB Director Mick Mulvaney has dropped agency plans to crack down on overdraft programs and large marketplace lenders. Here's what else he's changing.

Late payments on single-family home mortgages improved on a consecutive quarter basis as more recovery from Hurricanes Harvey and Irma took hold, but more potential loan performance concerns lie ahead.

Capitol Federal Financial has mostly relied on mortgages throughout its history. Its acquisition of a commercial lender will change that.

Mutual of Omaha Bank's purchase of Synergy One Lending will add reverse mortgages to its product line.

Wells Fargo must pay $97 million to home mortgage consultants and private mortgage bankers in California who didn't get the breaks they were entitled to under the state's stringent labor laws.