The Latest

Higher fees, longer turnaround times in the offing if credit unions don’t take steps to resolve issues with appraisals.

SouthCrest Financial Group in Woodstock, Ga., has agreed to sell its only Alabama branches to Guardian Credit Union in Montgomery, Ala.

House Financial Services Committee Chairman Jeb Hensarling recited a litany of priorities for his panel next year, touching on everything from the very broad, like housing finance reform, to the specific, including targeting a proposal to rein in payday lending.

Post Office Employees FCU in Shreveport, La., has selected Sharatec System as its new core provider.

MainStreet Bancshares in Fairfax, Va., has hired a veteran Virginia banker as its president.

As the Justice Department winds down its Mortgage Fraud Task Force and a new administration prepares to enter the White House, the number of False Claims Act cases brought against Federal Housing Administration lenders is expected to dwindle.

The Farm Service Agency and the Small Business Administration seem to be taking longer to approve guarantees for loans to facilities that house livestock, creating another headache for bankers.

Credit unions can learn about cybersecurity and how to strengthen relations with digital vendors through a webinar hosted by the National Credit Union Administration.

Commercial mortgage lenders, and investors in their bonds, have been more eager than the residential market to embrace Property Assessed Clean Energy loans even though those loans hold a superior-lien position. Here's why.

The global conglomerate Koch Industries plans to invest $2 billion in Infor, an enterprise software provider for various industries including financial services.