Retail & Commercial

Federal Housing Administration endorsements continue to rise following the 50-basis point cut in January.

Santander Consumer USA Holdings named Blythe Masters nonexecutive chairman, replacing the executive who quit the post less than two weeks ago and a week after the subprime auto lender's parent company was hit with a regulatory order.

ZestFinance in Los Angeles has introduced a loan product for subprime borrowers whose credit scores nearly qualify as prime.

BancFirst in Oklahoma City has agreed to buy CSB Bancshares in Yukon, Okla.

Officials in Maury County, Tenn. will begin working with collection agency Pioneer Credit Recovery to recover an estimated $10 million in debts owed to the county.

Three Democratic members of Congress called on the Department of Housing and Urban Development to reissue the proposal for public comment with changes.

U.S. Bancorp posted profit that matched analysts' estimates as expenses declined and commercial lending accelerated.

ZestFinance in Los Angeles has introduced a loan product for subprime borrowers whose credit scores nearly qualify as prime.

Bank of America said second-quarter profit more than doubled as the mortgage business rebounded and expenses fell to the lowest since 2008.

BCB Bancorp has sold $2.4 million of preferred stock in a private placement.