Commercial lending

A new app aims to modernize the automobile financing process by allowing car shoppers to get credit approval on their phones.

More than $100 billion in securitized commercial mortgages come due soon, many of them still underwater.

Medallion Bank in New York has sold its asset-based lending division to an unnamed buyer.

Prosper Marketplace is closing the secondary market for its loans, citing a lack of demand among investors.

Julie Stackhouse, head of supervision at the Federal Reserve Bank of St. Louis, discusses the insights that resonated at the regulator's recent community banking conference — some encouraging for the future of small financial institutions, others less so.

Community bankers are showing renewed interest in consumer lending but admit they may be losing ground to more tech-savvy players, according to a survey released Thursday.

Orrstown Financial in Shippensburg, Pa., has agreed to pay a $1 million to settle charges that it misled investors as it raised capital in the wake of the financial crisis.

Kim Kaselionis saw a lot of small-business-loan applications die on her desk when she was a bank chief, so she started a crowdfunding firm to nurse along startups till they were bankable. That's where Fresno First comes in.

ST. LOUIS – Risk management is critical as small banks aim to make money in a low-rate environment.

The Wall Street firm believes that its gold-plated brand will help attract middle-class borrowers.