Economy

Graduate business students — some of whom previously worked at traditional financial services companies — have been organizing fintech clubs at universities to explore the dramatic changes in banking and to find potential employers.

With summer recess ending, banking agencies are about to embark on a busy policymaking schedule leading up to the end of the year.

The world's biggest banks may gain greater flexibility in meeting new crisis rules as the Financial Stability Board adjusts its total loss-absorbing capacity proposal to eliminate bias against decentralized lenders and opportunities for regulatory arbitrage.

What does a small bank do when a much larger bank encroaches on its home turf?

The marketplace lender CommonBond announced that it has raised $35 million, which it plans to use to expand its operations across the country.

Prestige Financial Services, which focuses on car buyers who are in the bankruptcy process, is trying to keep pace in a fast-growing market.

Forget China — for U.S. banks, Canada carries more weight. Canada's energy-led recession looks harmless for now, but the tight connections between Canada and American banks make it potentially dangerous if it becomes prolonged.

The credit union regulator received nearly 3,100 comment letters tied to plans to loosen restrictions on business lending, with a vast majority opposing any changes.

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including demands for more transparency on banks' small-business lending and why the average American should care about the GSE investors lawsuit.

Every consumer with a 401(k), retirement account or brokerage account ought to care about whether the government has the right to unilaterally amend a company’s operating agreement.

Wells Fargo has named Michael DeVito head of mortgage production, making him responsible for its retail and correspondent lending divisions.

The San Francisco company hopes to lower its costs by driving out human intervention as much as possible. To get there, it has made the counterintuitive decision to locate its operations staff in one of the country’s most expensive cities.

Summit State Bank in Santa Rosa, Calif., has exited the Small Business Lending Fund.

The Home Mortgage Disclosure Act data set to be released in the next few weeks will offer new proof that mortgage lending activity was stronger than expected last year. That fresh data, the likely delay in Fed action on rates and other factors could prompt higher volume estimates for 2015.

More than half of real estate agents are planning to extend their sales contracts to provide more time for the closing processing due to the coming implementation of new mortgage disclosures.

Marketplace lenders seek to disrupt traditional financial services with online platforms that connect borrowers to investors. But in real estate, this burgeoning sector has taken an approach that seeks to coexist with, rather than supplant, the traditional mortgage market.

A new battle is brewing between Fannie Mae and Freddie Mac as the government-sponsored enterprises set out to boost their purchases of low down payment loans.

Suncrest Bank is hoping that its team of experienced executives, combined with organic growth and acquisitions, will help more than double its assets in the next few years.

The U.S. auto lending industry continues its multiyear boom. What follows is a look at numerous metrics that reflect the red-hot state of the market.

IMGCAP(1)]