Mortgages

The OCC said Citigroup's main bank subsidiary violated the Flood Disaster Protection Act by not ensuring that borrowers with homes in flood hazard areas had insurance coverage.

Director Kathy Kraninger has told lawmakers that the agency will delay the expiration of the so-called QM patch, now set for January 2021.

People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.

The agency issued a fair housing proposal last month that would perpetuate segregation and make it harder to detect discrimination.

A tough fourth quarter seemed to foreshadow challenges in the year ahead for the nation’s fifth-largest bank.

Despite changes by the Federal Housing Administration, bankers remain reluctant to join the program for fear of legal liability. But that could change if it revamps servicing processes, experts say.

Lower rates and more nonbank competition will make it harder for banks to keep loans on their books as business borrowers have plenty of opportunities to refinance elsewhere.

Stephen Calk and the bank where he formerly served as CEO are both arguing that his bribery trial should be held in Illinois. Prosecutors oppose the move.

President Trump's impeachment trial could get underway in the Senate this week, making it even harder for the movement's legislative priorities to gain traction.

Roughly 55% of Michiganders belong to a credit union but growth rates in the state continue to slow.