Banking

Suncrest Bank is hoping that its team of experienced executives, combined with organic growth and acquisitions, will help more than double its assets in the next few years.

Marketplace lenders seek to disrupt traditional financial services with online platforms that connect borrowers to investors. But in real estate, this burgeoning sector has taken an approach that seeks to co-exist with, rather than supplant, the traditional mortgage market.

Credit union loan balances grew at an 11% annualized pace in June, while loan delinquency rates fell, according to the latest Credit Union Trends Report from CUNA Mutual Group.

The mortgage industry typically takes a conservative approach to employees promoting their personal brands. But it's time for lenders to take a lesson from the presidential hopefuls who have gained an upper hand by playing up their individual brands.

CMBS primary issuance won't pick up again until September, according to Barclays.

Freddie Mac announced last week that it will guarantee its second series of SB Certificates, which are backed by multifamily small-balance loans underwritten by Freddie Mac and issued by a third-party trust.

Blackstone Group has acquired a majority stake in the parent company of nonbank mortgage lender Stearns Lending.

Mortgage Master's Stephen Campbell and his assistant have complementary styles and that enables them to develop unique solutions to meet client needs.

The $3.9 billion-asset Luther Burbank Savings has opened retail loan origination offices in several Southern California cities to produce more jumbo mortgages. It is one of several lenders in the region that think jumbo loans are worth the risks to achieve growth.

Melissa Cohn has opened MC Home Loans looking to recreate the success she had at Manhattan Mortgage.

The New York metro area leads the nation in commercial and multifamily construction starts, according to a new report.

As the Small Business Administration's flagship 7(a) loan program breaks records, its other loan program stagnates. Advocates for so-called 504 loans hope a drive to permit CRE refinancing will inject new life.

Jones Lang LaSalle in Chicago has agreed to acquire Oak Grove Commercial Mortgage, to expand its debt-finance offerings.

Consumers' growing confidence about their ability to qualify for a mortgage is generating more foot traffic, sales orders and loan volume for some of the nation's largest homebuilders.

Austin First Mortgage uses a combination of internal and customer-facing marketing technologies to keep borrowers are engaged and informed throughout the loan process.

A New York law that was invalidated by a federal judge was one of many efforts by big cities to pressure banks into making more investments in local communities after the crisis. Some municipal laws could be more vulnerable to bankers' legal challenges than others.

Impac Mortgage Holdings reported an increase in second-quarter profit, citing higher gains on the sale of loans.

A federal judge has overturned a New York City law that would have required banks to make new disclosures regarding their investments in local communities.

Walker & Dunlop reported a higher second-quarter profit, citing gains from mortgage banking and servicing fees.

Capital One Financial is in exclusive talks with General Electric to buy the company's health-care finance unit, people familiar with the matter said.