Originations

President Xi wants faster research on blockchain, the technology behind digital currencies; low rates bring best home loan quarter in 14 years.

While 79% of mortgages nationwide were for primary residences, 92% of credit union mortgage loans fall into that category.

Diane Morais, the head of consumer and commercial banking for Ally Bank, is forthright about what went wrong after her institutions started offering mortgages in 2017 — and how the institution went about fixing the situation.

With long-term interest rates at historic lows, mortgage refinancing is coming on strong. But that additional revenue may not be enough to offset net interest margin pressures and lost servicing income.

With long-term interest rates at historic lows, mortgage refinancing is coming on strong. But that additional revenue may not be enough to offset net interest margin pressures and lost servicing income.

A new survey from PenFed found that 40% of adults said that personal finances or job stability was the No. 1 factor when thinking about purchasing a home.

In what's being called "one of the largest-ever data breaches of a large bank," Capital One said a Seattle hacker gained access to the personal information of more than 100 million customers; Citigroup plans to cut hundreds of jobs in its global markets division and combine its equity trading and prime brokerage units.

Large banks had huge losses from originating mortgages in 2018 as costs were three times higher than similar-sized independent lenders, according to research conducted by Stratmor and the Mortgage Bankers Association.

Regulators could collaborate on a superagency to streamline laws.

The company intentionally submitted inaccurate borrower information overstating the number of white applicants, the consumer bureau alleges in a consent order.