Banking

Insurers are seeing modest gains in market share as banks, facing increased scrutiny from regulators, lightly tap the brakes.

A bipartisan duo of lawmakers is set Tuesday to introduce a bill designed to increase homeownership opportunities for “credit invisible” consumers.

Doug Bowers said the company has moved beyond past issues, including corporate governance shortcomings and the abrupt departure of his predecessor, and is ready to bring in more loans and core deposits.

Sales of commercial properties in Los Angeles County slipped in the first half of the year but still outpaced every other real estate market in the country, including Manhattan.

A Muskogee, Okla., woman charged with embezzling more than $10,000 from a local church also is a federal mortgage loan originator licensed to represent a local bank, according to national registry records.

Efforts to repeal a Dodd-Frank mandate for lenders to report data on small-business applicants — including race and ethnicity — overlook the benefits of the provision to both communities of color and banks.

Financial regulation is too complex and needs to be retooled to improve access to credit, President Trump’s nominees to two top banking regulators told Capitol Hill on Thursday.

Valley National's latest acquisition would make it a much bigger player in Florida and provide a platform to write more auto loans. Both markets present attractive returns but high risks.

The Consumer Financial Protection Bureau is likely to finalize its small-dollar rule by September ahead of Director Richard Cordray's widely expected departure.

The Salt Lake City company also benefited from increases in investment securities and several large loan recoveries during the quarter.