Consumer lending

SunTrust Banks in Atlanta has promoted an executive to oversee its consumer banking and wealth management operations

Mortgage banking represented one weak spot in Wells Fargo's third-quarter results and company officials said that would likely be the case in the fourth quarter.

Bank of America originated $13.7 billion of first-mortgage loans and $3.1 billion of home equity loans during the third quarter, the company said in its quarterly earnings release.

LendingTree already offers a Yelp-like community where consumers can rate loan officers. Now it has created a question-and-answer forum within its loan officer directory platform.

Profit margins in JPMorgan Chase's mortgage banking unit were down in the third quarter, primarily due to the shift in the mix from refinance activity to home purchases, and from retail loan originations to correspondent lending.

LoanDepot in Irvine, Calif., seeks to raise up to $100 million in an initial public offering.

NewCastle Home Loans Owner Ryan Kelley has branded himself as "The Home Loan Expert" and is willing to sit in a bathtub full of credit cards to prove it.

It's hard to decide which is more surprising: that the largest U.S. bank has almost abandoned the business of making home loans insured by the Federal Housing Administration, that lots of big banks could be right behind it, or that the FHA might not even need to care.

Officials signaled that Hudson City Savings Bank's nearly $33 million settlement over redlining charges is only the first in what is likely to be a string of other cases.

Federal officials on Thursday ordered Hudson City Savings Bank to pay more than $27 million to resolve redlining allegations, the largest order of its kind and one that is likely to put larger banks on notice that redlining cases will be aggressively pursued.

When he's not co-hosting his talk radio show or helping clients, Residential Home Funding's Marc Demetriou is studying loan program guidelines, a task he credits for helping him become one of the industry's top producing loan officers.

Guaranteed Rate has added 75 former Discover Home Loans employees as well as the Irvine, Calif., call center facility that they worked at.

Randolph Savings Bank in Massachusetts has agreed to buy First Eastern Bankshares in Andover, Mass.

Wells Fargo has named Michael DeVito head of mortgage production, making him responsible for its retail and correspondent lending divisions.

After his son was born with a number of serious medical conditions, Atlantic Coast Mortgage's Thad Musser has made it a personal mission to show gratitude to the hospital responsible for his treatment. Little did he know these gestures would help him bond with customers who have faced similar experiences.

The resignation of Stonegate Mortgage founder and CEO Jim Cutillo will likely result in either the quick hiring of a replacement CEO to execute Stonegate's business plan or the company being acquired, according to analysts at FBR Capital Markets.

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.

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.