Technology

For the first time, the FDIC, Federal Reserve and OCC have combined efforts to advise banks on risk management procedures when working with nonbank partners.

The White House is calling on the Department of Justice and federal regulators to give bank deals more scrutiny as part of a broader executive order meant to encourage competition across the U.S. economy.

This is the second acquisition in the private equity firm’s newly established technology vertical.

The company is looking to sell 20 million shares, with a 3 million underwriters' option, at between $16 and $18 per share.

The financial services company will incentivize existing card members with statement credit for taking out or refinancing a home loan with either lender.

The deal comes after a tumultuous 12-month period for CoreLogic, which saw itself twice targeted for acquisition.

Lending startup Tomo Networks will eschew refinances to focus exclusively on purchases.

Six online lenders and the National Community Reinvestment Coalition have asked the Consumer Financial Protection Bureau for clarity on whether disparate-impact rules apply to lending decisions made by machines.

Dozens of digital tools are billed as democratizing finance. But a number of entrepreneurs still see massive gaps.

The move is a vote of confidence for the private market in financing, which has been revitalized by limits government-related investors have put on certain loan purchases.