Loans backed by apartment buildings rose by roughly $40 billion last year.

Citing changes in the regulatory landscape — as well as tepid loan demand — banks are suddenly showing more interest in a decades-old program that allows them to indirectly invest in small businesses.

C1 Bank of Lakewood Ranch, Fla., may be requiring U.S. Century Bank in Doral, Fla., to unload some troubled loans prior to C1's pending purchase of the struggling lender.

The Federal Reserve Bank of San Francisco has terminated a memorandum of understanding with Wilshire Bancorp (WIBC) in Los Angeles.

Seth Waller, most recently a consumer credit officer at U.S. Bancorp, has joined EverBank in Jacksonville, Fla., as its first chief credit officer.

First Niagara Financial Group (FNFG) in Buffalo is cutting about 180 jobs throughout its four-state region, the bank confirmed Thursday.

Consumer delinquencies, which were already at relatively low levels, fell even further in the second quarter of the year, according to a new report from the American Bankers Association.

The payment hierarchy is dynamic. Lenders using historical payment models to set strategy risk significant exposure on their existing loan portfolios as well as on acquisition opportunities when consumer preferences inevitably shift.

The future is bright for mortgage servicers, but his PE firm agreed to sell Homeward Residential to Ocwen because it had held the investment long enough — and owning stock in a bigger servicer will pay off, billionaire Wilbur Ross said.

Small-bank executives sound call for stronger firewalls between financial activities, but many say a straight return to the Depression-era law could have unintended consequences, including to their own business.

Farmers & Merchants Bank in Timberville, Va., is expanding its footprint in the Shenandoah region.

More community banks are paying vendors for online courses that teach workers about the raft of new regulations, how to be a manager and other topics. The new way is cheaper and faster, but has drawbacks.

Prosper Marketplace, the online peer-to-peer loan facilitator, announced Oct. 3 that it hired Josh Tonderys, a former executive at Barclaycard US, to be its chief risk officer.

Republican presidential nominee Mitt Romney said he would consider limiting the size of the home mortgage deduction to help pay for an overall reduction in tax rates.

Frost Bank in San Antonio and the Baker Group, a securities firm in Oklahoma City, have agreed to share their bank clients with each other.

The Fed and merchants faced tough questions in federal court on Tuesday in a case that could decide the fate of an estimated $3 billion in interchange fees.

Since April, the state of California's monitor for the multi-state mortgage settlement has received more than 200 complaints about servicers moving homes toward foreclosure while the homeowner pursues a loan modification, according to a new report.

The Federal Reserve Board has terminated an enforcement action against West Concord Bancshares in Minnesota.

The privately held investment firm, based in Birmingham, Ala., is buying FBC Mortgage of Orlando, Fla., a unit of Florida Bank of Commerce, for undisclosed terms, the companies said Tuesday.

Angst over the scope enforcement was palpable at an Ellie Mae conference as mortgage lenders try to avoid the types of hefty fines the agency has already levied on credit card companies.