Banking

KeyCorp has been getting back into full-scale residential lending as part of a broader strategy to deepen client relationships. The market's shift toward purchase activity and defined mortgage rules also played a role.

CertusHoldings in Greenville, S.C., has agreed to sell its small business finance unit to BankUnited in Miami Lakes, Fla.

Nonbank mortgage lenders cut 6,000 jobs in January, erasing four months of job growth in the sector, the Bureau of Labor Statistics said Friday.

Farmer Mac and Conterra Asset Management have launched a joint venture offering agriculture appraisal services nationwide.

There are better ways of picking an originator to work with than just looking at a price comparison tool.

Weaker appreciation in the low end of the housing market, combined with higher costs to originate mortgages tied to new regulatory compliance obligations, make smaller loans less attractive for lenders.

Wells Fargo priced $927 million of commercial mortgage securities via its Wells Fargo Commercial Mortgage Trust 2015-C27 series, according to a pricing document.

Homebuilding company TRI Pointe Group and nonbank national retail mortgage lender imortgage have partnered to create a new origination business.

Mortgage applications were up slightly for the week ending Feb. 27 as refinance activity was up but there were fewer purchases, according to the Mortgage Bankers Association.

Total revenue fell for Stonegate Mortgage Corp. in the fourth quarter as lower interest rates and a flattened yield curve hit interest income.

CIT's John Thain and OneWest's James Otting, scheduled to speak today at a public hearing on their $3.4 billion M&A deal, will face complaints from community activists that they owe the public more after receiving substantial government help during the financial crisis.

MetLife Inc. agreed to pay $123.5 million to resolve a U.S. probe into shoddy loans at a discontinued mortgage unit.

LendingTree markedly increased its net income in the fourth quarter, based on strong results for both its mortgage and non-mortgage products.

Wells Fargo is offering $1 billion of commercial mortgage bonds via the WFCM 2015-C27 conduit, according to a Kroll Bond Rating Agency presale report.

The latest version of Accenture Mortgage Cadence's Loan Fulfillment Center incorporates e-signature capability.

With the economy recovering, Chris Hurn saw an opportunity to start another company focused on Small Business Administration 504 loans — his longtime specialty — and spread the word to business owners about the benefits of owning their facilities.

The Real Estate Roundtable's quarterly Sentiment Index dipped slightly during the first quarter of 2015.

W.J. Bradley's method for retention relies on cutting edge data and analytics; leverages the strength of their retail branch network; and borrows common-sense advice from the father of self-help.

As the real estate market rebounds in the Grand Canyon State's capital, one credit union here reports that a new mortgage program is attracting significant new lending business.

To take advantage of changing customer demographics and preferences, lenders must capitalize on digital technology. At the same time, digital technology should work in conjunction with, not as a replacement for, the loan officer.