Mortgages

The industry’s biggest legislative victory in a decade made it to the finish line Thursday.

The Canadian banks' second-quarter profits were also boosted by double-digit income growth at their U.S. operations.

Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration.

In the continued absence of legislation, Fannie Mae and Freddie Mac’s regulator announced work on a new capital framework.

Union Bankshares has reached an agreement under which Federal Savings Bank will originate mortgages in its branches.

Republican Bob Corker of Tennessee and Democrat Mark Warner of Virginia are acknowledging the legislative efforts to end government control of Fannie Mae and Freddie Mac are dead, at least for now.

The Toronto bank is making good on its promise to reduce its exposure to Canada's softening housing market.

A major study recently named the $2.5 billion-asset CU the No. 1 performing credit union in California.

The Senate bill is a huge win for the financial services industry, but there are still plenty of unresolved legislative issues of interest to banks and credit unions.

The Senate bill is a huge win for the banking industry, but there are still plenty of unresolved legislative issues of interest to financial institutions.

The Nashville company significantly reduced the 2018 earnings projection for its mortgage business.

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Credit unions may be able to reach more underserved consumers through partnerships with an unlikely ally.

Call it mutual respect. Bankers from mutually owned British building societies and similarly structured U.S. thrifts recently gathered in New England to address common challenges and share ideas about staying relevant at a time of rapid change in financial services. Here are the takeaways from their meetings.

For nearly a decade, the FHFA has restricted Fannie Mae and Freddie Mac from trying to influence the raging debate over whether they should live or die.

The post-recession boom in auto loans and credit cards for borrowers with marred credit histories has been winding down in recent months.

Mick Mulvaney’s recent comments about the CFPB Qualified Mortgage rule have triggered a debate over whether regulators should take into account more than one underwriting model.

The credit union service organization now offers real estate services to a dozen CUs in Florida.

The deal includes five new clients and re-established or expanded relationships with nine additional credit unions.

President Trump has nominated Michael Bright, the current acting president and chief operating officer of Ginnie Mae, to head the agency full time.