Retail & Commercial

Long-term worries, short-term worries, the broader economy and more. Community bankers see lots of obstacles to earnings growth this year, according to a recent survey of 250 small-bank executives conducted by Vining Sparks.

Quicken Loans plans to appeal a recent federal labor ruling that the Detroit lender and other companies owned by Dan Gilbert violated employees' rights.

A GAO report released Monday indicates that the number of nonbank firms servicing mortgages in the U.S. is growing but the CFPB - the agency charged with protecting borrowers - does not have an accurate count of those companies.

The banking industry, in the face of prolonged challenges, is relying on professional help to improve in areas such as productivity, hiring and M&A. The hope is that being introspective now will limit the amount of costly mistakes in the future.

A U.S. district court has dismissed a class-action lawsuit filed in February 2014 against the Pennsylvania Higher Education Assistance Agency (PHEAA) by student loan debtor Neil Silver.

The Consumer Financial Protection Bureau faced hostile questions from two judges during oral arguments before a federal appeals court Tuesday as it sought to argue the constitutionality of its single-director structure in a lawsuit brought by the nonbank mortgage lender PHH Corp.

The partnership with OnDeck will allow the megabank to approve and fund loans in as little as a day, according to CEO Jamie Dimon. Meanwhile, OnDeck is eyeing similar partnerships with other banks.

The Consumer Financial Protection Bureau's upcoming proposal to regulate payday and other short-term lenders will be an important step for consumer protection, but advocates are wrong to think the CFPB's actions are intended to or will have a positive impact on the quality of credit products for the underserved.

The number of seriously delinquent mortgages reached its lowest level in over eight years, helped by new job creation and higher wages, according to CoreLogic.

Citigroup is no longer buying loans off the Prosper Marketplace platform and repackaging them into securities, a person familiar with the matter said.