Economy

Democratic presidential front-runner Hillary Clinton’s first major speech on Wall Street reform Thursday is unlikely to persuade skeptics on the left that she is committed to going further than President Obama on the issue. Here’s why.

WASHINGTON — The Consumer Financial Protection Bureau warned lenders Thursday to avoid marketing services agreements where payment for advertising is really just disguising kickbacks.

The digital-age industry sells borrowers on its speed. But it remains captive to outdated technology that can delay the delivery of funds by several days.

Old National said that by owning the branches instead of leasing them, it would have greater control of the properties, classify the branches as assets on its balance sheet and become more efficient.

U.S. homeowners continue to take advantage of rising house prices to dig themselves out of the hole created by the Great Recession.

WASHINGTON — The House voted 303 to 121 on Wednesday to pass a bill that would delay enforcement of new mortgage disclosures that went into effect on Oct. 3.

Traditional banks avoid the short-term-credit market because its customers demand a level of customer service that is inconsistent with current models of retail banking, the head of a payday lending group writes.

The U.S. version of an international liquidity rule may include additional factors that make it harder to accurately compare between banks or examine the same institution’s liquidity holdings over time, according to a paper issued Wednesday by the Office of Financial Research.

Empowering women to become more financially independent has been a hallmark of Lori Chillingworth's career as a small-business banker. Now she's on an even bigger mission: to help more women in Utah gain seats on corporate boards and compete for political office.

From "too big to fail" to Glass-Steagall, the two leaders of the postcrisis recovery hashed out the economic issues, while pitching Bernanke's new book.

The clash between the Department of Housing and Urban Development and its inspector general over down payment assistance programs run by state or local housing finance agencies continues to heat up.

Despite their major push to overhaul the housing finance market last Congress, Sens. Bob Corker, R-Tenn., and Mark Warner, D-Va., offered little optimism Tuesday that structural reform is on its way anytime soon.

Marlin Business Services in Mount Laurel, N.J., has partnered with property and casualty insurer Hartford Financial Services Group to expand services for its core clientèle.

Santander Group, the Spanish banking giant, has invested several million dollars in Ripple, one of the most prominent startups in the hotly discussed field of distributed-ledger technology.

The Federal Reserve Board said Monday that it would reopen its public comment period on Goldman Sachs' pending acquisition of roughly $16 billion in online deposits from GE Capital, citing a need for greater public examination of the deal.

An initiative underway at Freddie Mac seeks to integrate new and existing technology to create a comprehensive suite of quality control tools designed to help lenders manage their mortgage repurchase risks.

A California company called NEFT wants to provide the online meeting place where debt-laden borrowers get together with lenders and credit bureaus to negotiate repayment plans. Backed by some prominent investors, NEFT says it offers carrots to get all the parties to participate.

If we can't identify adequate capital to bear mortgage credit losses when they are incurred, aren't we setting ourselves up for another series of bailouts in the next housing downturn?

Kabbage is one of many nonbank lenders looking to partner with traditional financial institutions. But the firm is facing a tough sell with bankers who worry about the risks associated with ceding control of the loan-underwriting process.

Banc of California in Irvine has agreed to buy a Santa Ana office building for $77 million for its headquarters.