Consumer lending

Arch MI U.S. did $3.2 billion in new insurance written, approximately 60% more than the nearly $2 billion done in the same quarter in 2014.

BOK Financial reported a small drop in third-quarter profit, as a decline in the value of mortgage servicing rights offset loan and fee income growth.

New York Community Bancorp has agreed to buy Astoria Financial for about $2 billion in cash and stock, combining two of the largest New York-area banks to create an institution with about $64 billion in total assets.

Nobody thought it would be pretty, but last quarter's results were even worse than expected, and low fee revenue is largely to blame. Trading and mortgage banking were particularly bad, and few of the big banks managed to offset the declines.

Flagstar Bancorp reported a third-quarter profit, as it originated more residential mortgages and recorded higher fee income.

Quicken Loans CEO Bill Emerson's term as chairman of the MBA underscores how the consumer-direct mortgage channel has grown from a quirky novelty to the force leading a technology revolution.

Astoria Financial, a New York City-area thrift under pressure from activist investor Basswood Capital Management to boost the share price, is exploring a sale, according to people familiar with the matter. The stock climbed as much as 6.2%.

Should credit unions step into a giant breach gradually being vacated by the big banks, or is the bank pull-out a sign that CUs should do the same?

Average fixed mortgage rates perked up the week ending Oct. 15, but remained under the 4% level for the 12th consecutive week.

PNC Mortgage's chief executive and president Joseph C. Guyaux will retire in the spring of 2016, the Pittsburgh-based company announced Thursday. He will be replaced by treasurer and chief investment officer E. William Parsley III.