Industries

China Oceanwide Holdings Group has agreed to purchase Genworth Financial in a $2.7 billion cash deal, joining a record buying spree by Chinese companies as they seek to boost growth overseas.

The U.S. housing market is about 10 times larger than Canada's, but we can learn a few lessons from the country's cautious approach to its housing policy.

As Rodrigo Lopez begins his term as chairman of the Mortgage Bankers Association, the Nebraska multifamily lender seeks to use the platform to embrace the challenges of improving diversity and technology throughout the industry, while remaining vigilant about the ever-changing regulatory landscape.

Home BancShares in Arkansas would rather buy banks that meet its financial parameters than do one large deal to catapult over $10 billion in assets. The bank also spent most of this year idling with M&A so it could prepare for stress testing.

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.

Associated Banc-Corp in Green Bay, Wis., reported higher quarterly profit on the strength of tight expense control and strong mortgage banking revenue.

In an election year dominated by controversy and big personalities, political contributions from the mortgage industry have remained muted, reflecting apathy and uncertainty toward Hillary Clinton and Donald Trump.

From the future of Dodd-Frank to GSE reform, the next Congress will make major decisions that will shape the mortgage industry's future. Here's a look at the Senate candidates who have received the most money in political donations from the mortgage industry.

From House Speaker Paul Ryan to Financial Services Committee Chairman Jeb Hensarling, these 10 candidates for the House of Representatives attracted the most in campaign donations from the mortgage industry.

Bank of America is expanding a program that provides 3% down payment home loans through a partnership with Freddie Mac and a North Carolina credit union.

In a move designed to help further calm lender fears about mortgage repurchase liability, Fannie Mae is preparing to offer immediate representation and warranty relief to lenders that use its suite of automated quality assurance technology.

A new Rural Housing Service construction-to-permanent loan program is garnering strong interest from lenders and builders who see it as a much-needed opportunity.

SunTrust Banks in Atlanta has agreed to buy the multifamily lending business of Pillar Financial in New York.

BancorpSouth in Tupelo, Miss., reported higher third-quarter earnings after net interest and fee revenue improved from a year earlier.

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

Sales of previously owned homes increased more than projected in September, showing residential real estate continues to contribute modestly to growth.

The second commercial mortgage securitization designed to comply with risk retention is backed by a single loan on a Manhattan skyscraper.

Many home equity line of credit borrowers don't know when their draw period ends, and many do not have plans in place to handle that transition, according to TD Bank.

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.