Retail & Commercial

Bill Emerson, chief executive of Quicken Loans, said at a recent conference that the threat of government probes and a lack of regulatory clarity are making FHA lending less attractive.

Navient Corp. released Q1 financial results on Thursday that include $830 million of student loan purchases, $300 million of common share repurchases and the acquisition of a new asset recovery and business process outsourcing firm focused on state and local public sector markets.

The company will consider annual elections for all directors after investors passed a non-binding resolution urging for a change.

The owner of Green Tree Servicing LLC has responded to the settlement announced this week with the Federal Trade Commission and Consumer Financial Protection Bureau.

Banking regulators will never conclude that regulation is actually hurting community banks until they study the issue and come to that conclusion on their own.

At first glance Cardinal Financial in McLean, Va., blew away earnings expectations, rising 220% in the first quarter from the same time last year.

High-profile hits and misses in the first quarter showed the difficulty of finding revenue growth in a period of low interest rates. Some big banks surprised analysts by tapping into fresh revenue streams, while others lost ground.

Deutsche Bank AG is poised to settle U.S. and U.K. investigations into rigging of benchmark interest rates for about 2 billion euros ($2.14 billion), according to a person briefed on the matter.

Small-business lender Funding Circle, which has operations in the United States and the United Kingdom, has received $150 million in new investment.

The Consumer Financial Protection Bureau's enforcement attorneys have pulled back on new investigations in order to clear out a slew of pending cases, according to multiple current and former officials at the agency.