Most of the securitized single-family market is currently exempt, but only a tiny part of the commercial equivalent is. However, nonexempt commercial will get more expensive to issue, and the single-family exemption could change.

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Richard Davis, the head of U.S. Bancorp, is generally known for conservative, reliable guidance, but he is sticking by his rosy forecast for 2015 despite an economy with a lot of question marks and his bank's flat third-quarter performance.
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The payments company and big-bank trade group plans to create a ubiquitous, real-time payment system over the coming years, supplementing the push for same-day settlement of ACH transactions.
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Executives at regional banks around the country have reported a wide variation in quarterly loan growth (some good, some not) as economic volatility, heavy competition and new regulatory requirements present obstacles.

The credit card company said the changes will likely lead to a fourth-quarter charge of up to $185 million, and its share price tumbled.

New York banking regulator Benjamin Lawsky's latest crackdown on Ocwen Financial may undo Ocwen's deal to buy billions of dollars of mortgage-servicing rights from Wells Fargo, and it could complicate similar deals involving other banks and servicers.
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The recent drop in interest rates has opened the door for lenders to refinance borrowers with high-cost Federal Housing Administration loans into conventional Fannie Mae and Freddie Mac loans.

The GSE regulator's second attempt to stimulate the mortgage market is receiving a lukewarm reception from lenders, who remain gun-shy after being forced by Fannie and Freddie to repurchase billions of dollars in soured loans since 2008.
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To win over younger customers, banks must offer free products that work straight out of the box, while also reducing red tape. To hire the best millennial-generation employees, banks need to appeal to younger workers' global values.
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Enterprise Financial wants to show that mortgages made to legal immigrants that have taxpayer ID numbers are actually safe credit risks, and it is testing the philosophy at a branch in Kansas City, Kan.

A few hours into Apple Pay's Oct. 20 launch, Apple CEO Tim Cook promised the company was not looking to exploit its payments data.

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