Banking

Zeus Mortgage in Houston is positioning its new online crowdfunding platform as an alternative to traditional mortgages for property buyers and others having trouble borrowing to remodel homes or fund construction projects.

Changes in the housing market are creating new opportunities and challenges for credit unions, including how they market themselves to potential borrowers.

Real estate loans have been growing over the last few years despite a number of headwinds, but can credit unions build on that trend as interest rates rise?

Invictus Capital Partners, a nonprime mortgage lender based in Washington, D.C., is making its debut in the securitization market.

Stringent regulations put in place after the recession have been unevenly enforced across the industry, to the detriment of small financial institutions. Here's hoping that changes with the new administration.

The Urban Institute's Housing Finance Policy Center has created a new initiative aimed at addressing skyrocketing mortgage servicing costs.

Corporate borrowers aren't ready just yet to pull the trigger on multimillion-dollar loans to buy fleets of trucks or scads of new inventory despite excitement about a more business-friendly Washington, lenders cautioned.

Joseph Ficalora, New York Community's CEO, told analysts that his company could still have a chance to buy Astoria "down the road."

Year-end adjustments to mortgage industry employment statistics revealed a larger-than-expected increase in hiring by nondepository lenders and brokers during 2016.

A number of banks are tapping the brakes on commercial real estate lending, giving others an opportunity to make more loans at better terms.

SL Green Realty Corp. is tapping the securitization market to refinance 485 Lexington Ave., a 32-story office building in Midtown Manhattan.

The title insurance business of Fidelity National Financial earned $231 million in the fourth quarter, up 60% year over year.

Commercial real estate finance company Walker & Dunlop has acquired Deerwood Real Estate Capital, a commercial mortgage brokerage and advisory firm.

The newly installed chairman of the Federal Communications Commission voted against 2015 rules that largely rejected the banking industry's entreaties.

With home values — and interest rates — rising, homeowners finally seem ready to tap into their homes' equity to fund long-delayed home-improvement projects.

Only a few days remain for loan officers to complete the survey to be considered for the 2017 Top Producers rankings. The deadline is 6 p.m. EST Friday, Feb. 3.

The New York company may struggle with profitability as it decides whether to find a new buyer.

Nonprime mortgage securitization has roughly doubled each of the last two years, and it shows no signs of stopping, according to Fitch Ratings.

Profits at Astoria Financial in Lake Success, N.Y., fell along with net interest income in the fourth quarter.

Umpqua Holdings in Portland, Ore., reported an increase in profits, as a spike in fees compensated for lower interest income.