Retail & Commercial

Nationstar Mortgage, the mortgage servicer that oversees more than $300 billion of debt, is taking the unusual step of selling home loans out of securities owned by investors, Credit Suisse said.

Consumer credit in the U.S. rose in January by the most in five months as Americans took out loans for auto purchases and tuitions.

OneWest Bank in Pasadena, Calif., which has been considering a sale or an initial public offering, has been meeting with potential merger partners, according to a report.

A number of banks will 'find themselves' in the year ahead via deals that redefine where they operate and what they do, a Deloitte study finds.

Our hope and plan was that the settlement would show principal reduction works and that it would spur the use of writedowns in other loan modifications. That is now occurring.

Many times, marketing constraints can slow financial institutions' rollout of Fiserv's SpotPay card readers. Fiserv's new spotpay.com website addresses this concern without compromising the vendor's mission of offering the device almost exclusively through banks and credit unions.

Aubrey Patterson keeps in touch with his successor and advises bankers to think twice before surpassing $10 billion in assets and earning more regulatory scrutiny.

Old Second Bank in Aurora, Ill., aims to prove that it and other Tarp banks that burned through all their common equity can survive.

A personal appeal from American Samoa's governor is holding up Bank of Hawaii's (BOH) plan to exit the territory.

Premier Financial Bancorp (PFBI) in Huntington, W.Va., reported an increase in its quarterly profit that was driven largely by loan sales and improved asset quality.