Financial advisers are more optimistic about the economy than their clients are, according to a survey by SEI.

As the target-date fund industry works to raise its standing with investors, a recent Vanguard survey has found that much of the job may already be done.

Umpqua Bank wanted to offer trust services, but like many banks, it was wary of the expense of a major new initiative.

Russell Cole will take the helm at CUSO Home Lending, succeeding John Reed, who is retiring from the position.

The Office of the Comptroller of the Currency lowered the $14 billion-asset thrift in Cleveland to “needs to improve” from "satisfactory."

Members of the American Credit Union Mortgage Association will receive discounted access to most of the Mortgage Bankers Association's training products.

Ensuring the safety and soundness of Fannie Mae, Freddie Mac and the Federal Home Loan banks is the core responsibility of the Federal Housing Finance Agency. That shouldn't change now that the president has the authority to fire the FHFA's director at will.

The London interbank offered rate will phase out in a matter of months, and lawmakers have to step in to prevent a legal fiasco. They need to make Secured Overnight Financing Rate the sole fallback benchmark.

The London interbank offered rate was a flawed benchmark, but it was nonetheless a centerpiece of finance for decades. Congress should ensure it doesn't replace one interest rate monoculture with another as Libor winds down.