Jeff Horwitz | May 22
The San Francisco bank has found that, with a few clever tweaks, its retail-focused business model can create sustainable earnings in a lackluster economy, executives said Tuesday.
Evan Nemeroff | May 22
For the first time in nine months, fewer homeowners are making their monthly mortgage payments on time.
Evan Nemeroff | May 21
To address investor preference for Fannie Mae mortgage-backed securities over Freddie Mac bonds, the GSEs' regulator could create a single instrument that includes loans guaranteed by both
Kate Berry | May 21
Banks are doing what they can to avoid depressing home prices, by focusing on reducing foreclosures rather than flooding the market with their backlog of properties.
Bonnie Sinnock | May 21
Efforts to bring back a private-label residential mortgage-backed securities market have not been quick or wholly successful at this point. But they are persistent, which is why they will ultimately succeed.
Paul Muolo | May 21
PHH Corp. Monday morning named former General Electric energy executive David E. Tucker president of its mortgage division.
May 17
Major headwinds are holding back a full housing recovery, despite signs of life in the market.
Paul Muolo | May 14
After Ally put its ResCap mortgage unit into bankruptcy on Monday, ResCap CEO Tom Marano discussed the future of the units assets and staff in an interview.
Andrew Kahr | May 14
That $2 billion trading loss is just last week's headline. Is Chase so big and complicated that no CEO could apply, teach and enforce decency and the smell test?
Kevin Wack | May 11
As the president challenged Republicans to support his refinancing initiative, his administration quietly backed away from a proposal to pay for the plan by imposing a tax on banks.
John Adams | May 11
In a buyer's market, the smallest of processing hiccups can cause a lender to lose a potential borrower, which is why companies such as American Pacific Mortgage place a premium on developing new digital delivery strategies.
Maria Aspan | May 10
The Consumer Financial Protection Bureau wants banks to collect all customer complaints in one unified, companywide database, a lawyer at Santander's Sovereign Bank said on Thursday morning.
Jeff Horwitz | May 10
Chris Peterson recently suggested cities should require payday lenders to describe themselves as "predatory" on storefront signs. Now he's a senior counsel to the CFPB.
Kevin Wack | May 09
In a largely party-line vote, the House adopted an amendment that would bar the Justice Department from excluding mortgage bond investors from any future settlement talks.