Consumer lending

Moody's Corp. said federal officials are planning a lawsuit over its ratings of residential mortgage securities that critics contend were inflated to win business in the years leading up to the 2008 financial crisis.

Profit fell at SunTrust Banks during the third quarter because of higher costs for technology and deposit insurance premiums, as well as an unfavorable yearly comparison.

A simple rhyme reminds one loan officer in a bustling California housing market to stay focused, committed and to treat every loan equally.

Record deposit growth, improved expense management and strong revenue gains from mortgage banking boosted Umpqua Holdings' profits in the third quarter.

Profit improved at M&T Bank in the third quarter as the Buffalo, N.Y., company expanded commercial and mortgage lending and completed the sale of a large investment-securities portfolio.

Regions Financial reported a higher third-quarter profit, citing improved fee income from mortgage lending, capital markets and credit and debit cards.

While compliance costs continue to increase for lenders, the rising age of company owners is what's prompting many independent mortgage bankers to sell their companies.

A desire to own their own businesses led many loan officers to become mortgage brokers during the industry's growth period. As brokering regains its footing, that entrepreneurial spirit is making a comeback.

Bank of America's first-mortgage originations increased 23% over the third quarter of 2015, as rates remained near record lows throughout the summer.

A leader who surrounds herself with diverse thought and talent, Nikki Groff of Wallick & Volk Mortgage Bankers, formed a team that helped propel her to Top Producer status from a small Arizona town.

Wells Fargo & Co., the lender whose chief executive officer stepped down this week amid a scandal in its branch network, posted a third-quarter profit that beat analysts' estimates as loan-loss provisions improved and revenue from mortgage banking increased.

Franklin Codel, Wells Fargo's head of mortgage, will now oversee all consumer lending as part of a management shakeup that comes amid the bank's fake account scandal.

Nonbank lenders and brokers added 900 employees to their payrolls in August as home sales slowed.

Converting millennials from renters to homeowners is proving difficult, but here are steps lenders can take to get this generation on board with buying.

The Federal Reserve's mishandling of monetary policy in the 1970s opened the door to questionable products for unqualified borrowers, setting the stage for the housing crisis 30 years later.

Borrowers who go through a sour mortgage experience often leave poor business reviews online and move on with their lives. Houtan Hormozian decided to become a loan officer and give his clients the service and experience that he didn't get to have.

Multichannel loan origination system provider OpenClose has added a rate sheet generator to its product and pricing engine.

Community bankers are showing renewed interest in consumer lending but admit they may be losing ground to more tech-savvy players, according to a survey released Thursday.

Restoring consumer confidence in financial services won't be easy after the latest banking brouhaha, but the Consumer Financial Protection Bureau can help by proactively holding all mortgage loan officers to the same federal licensing standard.

The granular data and quick decisions that can help field a winning fantasy football team have a lot in common with the analytics tools that mortgage lenders use to monitor and evaluate their operations.