Economy

Springleaf Holdings has changed its name to OneMain Holdings after buying its top competitor from Citigroup for $4.49 billion.

Quality control should come early in the production line, just as Japanese automakers discovered when they began to gain market share.

Following a trail blazed by rival Social Finance, the two-year-old firm wants to expand beyond lending and offer consumers a broad array of financial products.

The House approved a bill Monday night capping pay for Fannie Mae and Freddie Mac's top executives, sending the measure to President Obama's desk to be signed into law.

The Federal Housing Administration's unexpected windfall is already generating industry talk about another premium cut by the agency — but FHA officials insist such discussion is premature.

Lenders are doing a better job keeping consumers informed about the loan process, according to the latest J.D. Power mortgage survey. But the actual speed of loan closings is also a key factor to borrowers' overall satisfaction.

The Federal Housing Administration reported better than expected financial results on Monday, with the ratio of reserves to guaranteed loans soaring past its minimum threshold to reach 2.07%.

Overhauling the splintered multiagency regulatory framework is necessary to promote the stability of the financial system as a whole.

Ally Financial in Detroit plans to redeem about $1.3 billion of preferred stock, opening the door to a possible stock buyback next year.

FHA loosens condo owner-occupancy rules and pledges to make further changes to facilitate condo financing.

The advisory committee established to address defects in the equity markets was stacked with industry insiders and, more troubling, includes firms implicated in serious wrongdoing.

Apple is reportedly adding person-to-person payments to Apple Pay, based on technology from the bank-run clearXchange network. If this feature comes to market, it will face many competing systems that run on Apple's own handsets.

The top Democrat on the House Small Business Committee is looking into what regulators are doing to protect small-business borrowers who use online lenders.

A handful of entrepreneurs have created apps that let workers, especially those with inconsistent incomes, receive portions of their paychecks before payday. Their emergence underscores how slower payments look out of date in an on-demand world.

The Treasury Department has recently solicited input on how to improve marketplace lending. Here are four ways to help improve access to credit.

Amazon is constantly unleashing new payment-related products and services. Some efforts succeed, some fail and the rest are a mixed bag — but regardless of the outcome, retailers have a golden opportunity to learn from Amazon's experimentation.

Barclaycard's first range of wearable bPay devices never looked like they had a home on the fashion runway, but the issuer is betting the fashion brand TopShop can make it in vogue.

WASHINGTON — Four Federal Home Loan Banks have recruited 74 members to participate in their new Mortgage Partnership Finance jumbo loan program.

There were at least two bad omens for large banks in the Republican debate held late Tuesday — even the most business-friendly candidates felt free to sharply criticize them and many seemed ill-informed about the current system.

A lot is riding on the effectiveness of internal models to determine capital levels, but regulators still allow banks' methodology to be too opaque.