Technology

Former Treasury Secretary Larry Summers, who sits on Lending Club's board, said in a speech Wednesday that such technology-focused marketplace lenders should be given a fair chance to compete.

Originators are saying they are too busy to concentrate on marketing, but if they don't, the early success in 2015 could turn around.

The Consumer Financial Protection Bureau issued a final interpretive rule Wednesday that clarifies its housing counseling requirements with respect to high-cost loans.

Mike Cagney of Social Finance, honored Wednesday at LendIt's innovator of the year, chalks up his success to his company's "relationship-driven" model.

Home values dipped slightly month-to-month in March, though they remained up from their 2014 levels, according to Quicken Loans.

Confidence among homebuilders rose in April for the first time in five months as prospective buyers returned to the market and sales climbed.

The inventory of homes at some stage of foreclosure fell 27% in February from the year before, according to CoreLogic.

The San Francisco bank has produced enough growth in mortgages, C&I and other areas and made other moves to offset low rates. It is a hopeful example for mortgage-heavy banks and other lenders battling tight margins.

Forty-one percent of mortgage lenders feel they are not ready for the August 2015 Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure Rule, according to a study by Capsilon Corp.

Wells Fargo & Co. and JPMorgan Chase & Co. posted their largest mortgage-lending gains in more than a year as the recovery in the market gains momentum.