Economy

Serial fintech entrepreneur Chris Larsen plans to take a breather. In January, Larsen will hand the reins and the CEO title at Ripple over to Brad Garlinghouse, who is currently the company's president and chief operating officer.

Wells Fargo has named Monica Cole to head middle-market banking for six Midwestern states.

In a speech defending his support of Republican presidential nominee Donald Trump, PayPal co-founder Peter Thiel faulted both major parties for letting recent financial bubbles occur under their watch.

Mortgage brokers were among the companies that received the regulator's warning letters, but brokers are not required to report HMDA data — leading many to suspect mini-correspondents, which straddle the line between broker and lender, were the recipients.

The mortgage industry is welcoming the Obama administration's possibly final word on housing finance reform, hoping it will serve as guidepost for the future.

WASHINGTON — Sens. Elizabeth Warren, D-Mass., and Bernie Sanders, I-Vt., are raising concerns about why independent audits of Wells Fargo's internal controls didn't discover fraudulent account openings by thousands of employees.

A market that some Ginnie Mae issuers tap to help finance their mortgage operations has a dwindling number of investors.

Small businesses hungry for financing will quickly ditch a banking relationship if they are unhappy, according to a new J.D. Power report.

A financial report due out soon could reignite a battle over whether the Federal Housing Administration should again reduce its annual premium.

A Washington, D.C.-based startup that finances higher education in the U.S. for international students announced a $6 million equity funding round.