Retail & Commercial

Analytics companies FICO and CoreLogic have launched a new credit score to help mortgage lenders better evaluate potential borrowers.

Businesses are expecting to unload even more cash into banks, according to a liquidity survey released Tuesday by the Association of Financial Professionals.

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Now that government-controlled Ally Financial has made official its exit from the warehouse lending arena, many firms are hoping to benefit from the bank's misery.

In a Q&A on the eve of the CFPB's first anniversary, Director Richard Cordray explains why consumer complaints should be publicly released, and why the pending qualified mortgage plan needs more time.

State regulators this afternoon approved the merger of Massachusetts State Employees CU, a troubled one-time $77 million credit union in Boston, into giant Metro CU in adjacent Chelsea, Mass.

Old National Bancorp (ONB) in Evansville, Ind., has named a former chief justice of the Indiana Supreme Court to its board.

Matthew Wagner, the company's CEO, says a decision to sell 10 branches to Opus Bank will help the usually acquisitive PacWest cut costs.

Provided it kept costs in line and has no bad surprises to announce Friday, Wells Fargo could steal some of the glow normally monopolized by JPMorgan Chase during earnings season.

The Consumer Financial Protection Bureau took two major steps toward reshaping the nation's residential mortgage market Monday, proposing revised mortgage disclosure requirements as well as stricter limits on high-cost loans.