Economy

DotLoop, the tech startup Zillow just bought, takes the headaches and duplication out of managing real estate documents — up until the hardest part of the transaction, the mortgage. Expanding into mortgages is possible, but would be tricky.

Tech investors love fast-growing marketplace lenders like Social Finance, but Wall Street has taken a dimmer view of them. A huge equity fundraising round should allow SoFi to keep fueling rapid growth while remaining privately owned.

For those who lament the U.S. government's failure to put individuals on trial for their role in the 2008 mortgage crisis, Iceland's prosecution of bankers represents a platonic ideal of financial supervision. But the comparison between the Icelandic and U.S. cases is not as simple as it may appear.

Banks have ramped up foreclosure activity in the past five months, with default notices, scheduled auctions and bank repossessions at their highest levels in two years. It's a positive sign that banks are finally clearing out all the distressed loans still lingering from the housing crisis. Meanwhile, banks remain cautious about new lending, partly because of regulatory actions.

There's nothing like a natural disaster to make people realize how important insurance is to the banking industry.

Bank repossessions of distressed homes hit a 30-month high in July, as financial institutions continue to work through the backlog of bubble-era loans.

The Chicago-based online consumer lender, which focuses on borrowers with less than pristine credit histories, is getting a boost from JPMorgan Chase, Credit Suisse and Jefferies.

WASHINGTON – The Federal Housing Finance Agency on Wednesday officially increased the target for loans purchased by Fannie Mae and Freddie Mac that benefit affordable housing, but the uptick is not satisfying housing advocates.

As the 2008 financial crisis fades into memory, it has become increasingly unlikely that any bankers or traders involved will see jail time. But while no individuals were ever charged with a crime, the feeling that the financial industry got away scot-free will affect the 2016 presidential race and beyond.

The global loan platforms present an extreme example of the ongoing clash between the fast-moving financial technology sphere and the staid world of financial regulation.

The Payments Security Task Force and the EMV Migration Forum will offer educational materials about EMV-chip card payments, including templates of social media posts and hashtags; educational downloads that include visual aids and training guides; media interview tips; and more.

The Financial Stability Oversight Council has a mandate to designate nonbank financial companies as systemically important based on criteria established by Congress. Its designation decisions should not be predetermined by the actions of global regulators.

A look at how Dodd-Frank has affected the banking industry, and what other forces are at play.

The growing adoption of Apple Pay will help Apple's smartwatch capture up to 68 percent of the smartwatch market by the end of the year.

New Supplemental Performance Metric should encourage lenders serve lower credit scores borrowers.

Fannie Mae and Freddie Mac have a regulatory mandate to shrink. But that's easier said than done, given the GSEs' outsized presence in the mortgage industry, as their latest quarterly results show.

WASHINGTON — Four more Federal Home Loan Banks have won regulatory approval to participate in a program that allows member institutions to sell jumbo mortgage loans through a conduit to Redwood Trust.

Banks that sold faulty mortgage-backed securities right before the crisis have suffered a string of legal defeats over the timing of government lawsuits, but some experts believe the industry may still have a shot in the Supreme Court.

The mobile wallet market is constantly changing, often in unexpected ways. Products have evolved dramatically in a very short amount of time, and companies that seemed committed to one strategy a year ago now find themselves on a completely different path.