Consumer lending

Republic First Bancorp in Philadelphia is getting into residential mortgages.

A drop in mortgage banking cut into Trustmark's second-quarter profit, as did the costs to extend buyouts to employees.

Technology developed by SmartZip analyzes 2,000 variables about a housing market and its homeowners to help real estate agents and lenders identify consumers most likely to sell their house or need a new mortgage.

Guaranteed Rate has begun offering 1% down payment mortgages through a new nationwide program.

Loan officers encounter a wide range of obstacles in the process of seeing a mortgage loan through to closing, but how many can spin silence into livestock?

A federal appeals court has reversed a lower court decision that dismissed a lawsuit against Freddie Mac brought by a state pension fund.

The Mortgage Partnership Finance Direct program will now accept larger jumbo mortgages and a wider variety of products including hybrid adjustable rate mortgages, the Federal Home Loan Bank of Chicago and Redwood Trust said Monday.The partners said that the program would accept jumbos of up to $2. 5 million, a boost from the previous $1.5 million limit.

Mortgage originations typically surge in a low-rate environment. Second-quarter reports should show an uptick in fees from selling those loans, but what will bankers say about the rest of this year?

Bank of America saw its mortgage banking income fall to $312 million in the second quarter from over $1 billion one year prior as it continues to keep more loans on its balance sheet instead of selling them in the secondary market.

Carmen Inclan of Raymond James Bank recognizes customers are happiest, and business booms, when communication is prioritized.