Retail & Commercial

The banking industry lost a key battle in the Supreme Court over the use of “disparate impact,” but legal observers see potential for the tide to turn if Judge Brett Kavanaugh is confirmed.

The Federal Housing Finance Agency is suspending its ongoing review of new credit scoring models and will instead move forward with creating a regulatory framework for providers of alternative credit scores to apply and be evaluated for use by Fannie Mae and Freddie Mac.

The combination of rising interest rates and increased competition from nonbank lenders is prompting many commercial real estate investors to seek better deals elsewhere.

Bank of America Merrill Lynch has launched a mobile application to support commercial prepaid card programs and their cardholders.

The Boston bank said the digital lending platform has cut down the time it takes to deliver loan decisions by roughly 40%.

First Green Bank in Florida had to stop holding deposits for licensed marijuana sellers as a condition of making a deal.

Aggregate data from analytic and predictive modeling is helping State Employees' Credit Union improve delinquencies and other areas.

Loan growth, fueled by increased tourism spending, more than offset a sharp drop in fee income at the Honolulu company.

On Mar. 31, 2018. Dollars in thousands.

On Mar. 31, 2018. Dollars in thousands.