Consumer lending

Loan officer Eric Rotner's first boss made him understand the entire origination process, which has given him an edge against his competition.

Umpqua Holdings in Portland, Ore., reported higher second-quarter profit, citing lower merger costs and growth in residential real estate lending and equipment finance.

Webster Financial in Waterbury, Conn., reported second-quarter profit of $50.5 million, a 12% jump from a year ago, as mortgage banking revenue improved.

Wintrust Financial in Rosemont, Ill. reported higher second-quarter profit due to loan portfolio growth and higher mortgage banking revenues.

The Cleveland company, which this spring said it had decided to start originating its own mortgage loans again, shared more details on the start date of this new effort and the rationale behind it.

Citigroup's combined gain-on-sale and mortgage servicing revenue increased by 34% in the second quarter over the same period last year.

M&T Bank reported a higher quarterly profit that reflected increased fees and higher net interest income.

Bank of America Corp., the lender most hobbled by the collapse of the housing market, said second-quarter profit more than doubled as the mortgage business rebounded and expenses fell to the lowest since 2008.

purchase lending, loan production, Wells Fargo, home lender

Wells Fargo said second-quarter net income was little changed as rising rates have eroded Wells Fargo's dominance in the mortgage market.

Struggling to win business in the age of QM, Impac Mortgage has relaxed underwriting requirements in hopes of attracting borrowers many other lenders won't touch.

Commercial real estate lending and mortgages are banks' main source of hope to beat lukewarm expectations for the earnings season that begins Tuesday.

A new platform developed by Overture Technologies seeks to pair consumers and lenders online without charging for advertising by the number of clicks or leads generated.

BOK Financial has hired Glenn Brunker to oversee mortgage operations and manage the bank's transition to a new federally required consolidated mortgage disclosure regime.

The delinquency rate on commercial mortgage-backed securities rose from May to June, according to Trepp's monthly report.

After it all but stopped making real estate and development loans following the housing crash, Farmers & Merchants Bank has increased its real estate loans by more than 61% over the last two years. It's a figure that’s likely to keep rising as California's real estate market heats up and the $5.6 billion-asset bank continues to add commercial real estate, construction and mortgage lending specialists to keep pace.

Shashank Shekhar, CEO of Arcus Lending in San Jose, Calif., uses a strong presence online to attract tech-savvy clients.

Farmers Bank & Trust in Great Bend, Kan., has agreed to sell certain assets of its mortgage division to Prospect Mortgage in Sherman Oaks, Calif.

Jeff McGuiness has exited the CEO position at Lenders One to become the chief sales officer for Embrace Home Loans.

Chris Schoenthal of HomeBridge Financial Services found a creative use for pickle jars in his quest to drum up new business.