Economy

The conventional market recaptured a lot of the first-time homebuyers it lost during the financial crisis, but service members instead have increasingly stuck with loans insured by the Department of Veterans Affairs.

At least five banks have warned about the potential loss of tax benefits if it is proven that DC Solar operated an investor scheme.

The bank gained $45 million in PACE financings, which let homeowners pay back the costs of efficiency projects over time.

Readers weigh in on Democrats' call for more scrutiny of the BB&T-SunTrust merger, changes to the CFPB's payday lending rule, criticism of Square's ILC application and more.

American National Bankshares is trying to force the proposed American Bank & Trust to change its name.

The new regulation, codifying requirements already in practice, is meant to help the mortgage giants prepare for the adoption of a uniform security in June.

By applying to become an industrial loan company, the fintech would be able to use insured deposit accounts as a cheap source of funding without having to comply with the tough rules banks face.

JPMorgan Chase is considering setting up a private bank in China as new regulations give foreign firms a better chance to compete with local players in the world's second-biggest pool of wealthy people.

With the two companies said to be still mulling which charter to seek, the various options each have possible advantages and drawbacks.

Wells Fargo, beset by a wave of government probes into suspected customer abuses, boosted an estimate for potential legal losses by $500 million.

CEO John Turner told investors and analysts Wednesday that the merger of BB&T and SunTrust is not putting pressure on Regions to pursue a deal of its own.

Figure, the startup headed by Mike Cagney, uses blockchain technology to provide home equity loans in as little as five days. It intends to use the newly raised funds to offer other services, including wealth management.

Hometown, which agreed to buy Millbury Savings Bank, has already completed one acquisition this year and has another pending.

Metro Bank, the lender founded by U.S. entrepreneur Vernon Hill, plunged to a record low after it disclosed that British regulators are probing how it misclassified assets, an incident that prompted a share sale.

Metro Bank, the U.K. challenger bank seeking to fix a shortfall on its balance sheet, said it expects to raise about £350 ($464 million) through selling shares.

The Small Business Administration should consider partnering with fintechs, which have the capacity to approve loans quickly, to help avoid the kind of application backlog the agency faced after the last government shutdown.

If confirmed to lead the Federal Housing Finance Agency, Mark Calabria would have a central role in any efforts to reform the government-sponsored enterprises Fannie Mae and Freddie Mac

Regulators spend considerable time and resources reviewing big mergers and the process shouldn’t be used as a proxy for the “too big to fail” fight.

The former deputy director of the Consumer Financial Protection Bureau shares his thoughts on the bureau's evolution, payday lending, and fintech regulation.

The 2020 Democratic presidential candidates are far more emboldened to offer radical reforms to the financial system than their predecessors — reforms that could ultimately take hold if one of them wins.