Retail & Commercial

FHFA Director Ed DeMarco is planning to create a joint securitization platform by Fannie and Freddie, a significant step toward winding down the mortgage giants. We offer frequently asked questions on what it means for the industry and the future of housing finance reform.

There's still a wide disparity between what buyers are willing to pay and what sellers are willing to accept, and the U.S. Bancorp CEO does not see that gap closing any time soon.

Some banks may be getting reckless with the pricing and terms they're offering commercial borrowers. The trend should temper enthusiasm for otherwise welcome signs of growth.

A Pennsylvania transportation agency has added new accusations to the securities lawsuit it filed against the $1.2 billion-asset Orrstown Financial Services (ORRF).

JPMorgan Chase will assume ownership and begin servicing the AirTran-branded credit card in April, a move that consolidates Southwest Airlines’ two frequent flier cards under the same issuing bank, amid the ongoing combination of the two airlines’ operations.

Bryan Jordan, the CEO of First Horizon, says regulation and competition are forcing banks to find ways to connect with customers who don't want face-to-face contact.

It could take another two years for Renasant to get close to its investor returns from before the crisis, and that's OK, CEO Robin McGraw says.

Rep. Maxine Waters, the ranking member on the House Financial Services Committee, said she and some colleagues are frustrated with the pace of work to implement diversity provisions of the Dodd-Frank Act.

Residential Capital should get more time to file an exclusive plan to reorganize while the bankrupt mortgage company remains in mediation with creditors, who say talks have stalled, a judge said.

"Shopping is boring," says ShopSavvy CEO John Boyd. His company is working with Capital One to turn the stale process of buying a product off the shelf into an eventful experience built around a mobile wallet.