A funny thing is happening to the market value of mortgage servicing rights: as this volatile asset class continues to wane in price, there's now less of it out there in the world—a lot less compared to the peak of two years ago.

Single-family housing starts rose in May for the third straight month while multifamily activity fell 24% from April's construction pace.

Fannie Mae is starting to feel slightly more optimistic about the origination picture for the rest of 2012.

JPMorgan had over $200 billion in TAG deposits in the last quarter. That's almost 20% of the bank's deposits and equal to 60% of the now-infamous chief investment office's portfolio.

PHH Mortgage said it will no longer accept new FHA Streamline refinancings from correspondent lenders unless it is already servicing the loan, according to a memo provided to National Mortgage News.

Relief from fair value accounting is essential for community banks to survive and ultimately thrive in today’s economic climate. Fortunately, legislation before Congress would untether regulatory accounting practices from GAAP.

There are fewer opportunities for upward mobility, and it's likely that the bank you go to work for will soon be merged out of existence. Is this the kind of environment that attracts the best and brightest?

Discover Financial Services' (DFS) profit declined 11% in the fiscal second quarter as it set aside more money to cover future loan losses, offsetting an increase in loan balances.

Legacy Bank in Colwich, Kan., has reached its first deal in its 126-year history with an agreement to buy Alliant Bank in Sedgwick, Kan.

BancAlliance , a Chevy Chase, Md., asset management firm that helps small banks team up on large commercial loans, has raised $150 million in new capital that it will use to expand its lending network.

The public will be able to review complaints against individual banks through a database the CFPB is launching Tuesday.

MANSFIELD, Texas – Texas Trust CU has purchased a two-building, 78,660-square-foot office complex in nearby Arlington.

EVERETT, Wash. – Alaska USA FCU opened a new branch inside the Silverlake Safeway, its fourth opening in Washington so far this year.

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The Birmingham, Ala., bank stands out for its efforts to attract long-ignored customers to the traditional banking system with alternative products, including the popular but controversial "Ready Advance."

Fentura Financial (FETM) in Fenton, Mich., has gotten approval for the appointments of two key executives.

MidSouth Bancorp (MSL) in Lafayette, La., announced Monday that it is buying two branches in Baton Rouge from rival Hancock Holding (HBHC).

Bank of Virginia (BOVA) in Midlothian is seeking more capital to fuel bank acquisitions following a prolonged restructuring.

Five years after embarking on a path to become a bank holding company, specialty lender CapitalSource is almost there. Tad Lowrey, the CEO of CapitalSource Bank, thinks the Fed will approve an application next year, now that company is "smaller, simpler and cleaner."

BB&T (BBT) Chief Executive Kelly King urged his fellow bankers Monday to vote against politicians who favor more regulation of the private sector and replace them with leaders who have more faith in the free markets.