Consumer lending

The old record was set just before the Great Recession, and what may be most remarkable is that it took nearly nine years to reach a new milestone.

The city joins a growing list of municipalities that have filed similar lawsuits, just two weeks after the Supreme Court ruled that municipalities have standing to sue lenders under the Fair Housing Act.

The GOP is working on a plan that could extend the Congressional Review Act's reach so that it may overturn certain policies all the way back to 1996.

A decade after the housing collapse began, Cleveland and Akron are among the worst large cities in the nation for homes that are worth way less than the mortgages on the properties.

Banks are increasingly tightening lending standards for commercial real estate loans and are likewise seeing a drop-off in demand, according to a report released Monday by the Federal Reserve Board.

The U.S. Supreme Court issued a mixed decision on the reach of the main federal housing-discrimination law, telling a lower court to reconsider whether Miami can sue banks for lending practices the city said contributed to urban blight.

Housing prices in the Near West Side, Logan Square and a handful of other popular areas north of downtown are now well above their pre-crash peaks, but most of the city and the suburbs are still clawing their way back from the depths of the devastating crash.

The Consumer Financial Protection Bureau ordered an auto loan servicer on Wednesday to pay $2.4 million for failing to live up to the terms of a 2015 consent order.

Caliber Home Loans' next nonprime mortgage securitization is nearly twice as large as its previous deal, completed in December.

Lawmakers from both political parties are increasingly interested in forcing lenders that offer loans to upgrade home heating and cooling systems to issue better disclosures, a prospect that has some in the industry nervous.