Sara Lepro

Share of consumers who pay the credit card before the mortgage keeps growing; still slow going at PennyMac; and more.

Americans are still spending less at the local grocer or pizza joint, or at least using their credit or debit cards less, according to data released Monday.

Fair Isaac Corp. sees signs that credit card lenders — which make up the bulk of its credit-scoring business — are starting to bounce back from the depths of the financial crisis.

The government-sponsored enterprises are circumventing mortgage servicers in an effort to step up workouts of distressed home loans.

Environmentalists say neighborhoods where you don't need a car cut foreclosure risk; Cuomo probes "online retailers," including GMAC; and more.

Bank of America Corp. said Tuesday that it is the first mortgage servicer to get on board with a government plan to modify second liens.

Bank of America has stopped doing business with MGIC Investment Corp., the mortgage insurer it sued last month for rejecting $100 million of claims on defaulted loans.

The "new frugality" is still very much alive, and nowhere is this more evident than in the major credit card lenders' fourth-quarter results.

American Express Co.'s fourth-quarter profit nearly tripled from a year earlier, to $707 million, as credit costs declined sharply and consumer spending picked up, the company said Thursday.

A nonprofit is publishing average closing costs for every zip code, so home loan applicants don’t get overcharged; and more.

Five months after the Internet giant's furtive experiment in the business came to light in court papers, Google formally acknowledged its partnership with Mortech LLC on Tuesday.

Major credit card issuers' delinquency rates declined in December, supporting the growing belief that loan losses are near their peak.

Sir Richard Branson's foray into U.K. financial services is gathering speed, but in this country, he needs a new driver.

B of A is alleged to have foreclosed on a wrong home; First Horizon responds to FHA probe; and more.

Late last month Provident Funding Associates LP of Burlingame, Calif., quietly closed on what, on the surface, looked like a routine $300 million securitization of home loans. A close inspection of rating agency documents shows the deal will effectively function as a warehouse line for Provident.

If the banking industry was looking for clarity on the trend in consumer loan delinquencies, it did not get it Thursday in the latest American Bankers Association data.

How HUD's good-faith estimate rule might give big lenders an edge — and how it might temporarily disadvantage banks; and more.

But unlike many of those veterans, he isn't particularly interested in scooping up failed banks with the help of the Federal Deposit Insurance Corp.

John A. Ward 3rd, a veteran of the card and banking industries, has rejoined the board of Innovative Card Technologies Inc.