Financial reporting

Fintechs try wooing banks back to construction lending


Software startups say bringing borrowers, builders and lenders onto one digital platform can remove some of the risks lenders faced during the crisis.


Reverse mortgage program remains threat to FHA’s financial health


As the Federal Housing Administration prepares to release its annual actuarial report sometime this month, the industry is questioning how the reverse mortgage program fits into the agency's future.


More big-bank earnings, hot seat for CFPB's Kraninger: Events to watch


The industry is slated for another busy week, with more bank results on the horizon, plus a nomination hearing for Trump’s pick to head the CFPB.


‘Financial reports must have been fictional’: Comments of the week


Readers sound off on Mick Mulvaney’s plan to hire political appointees at the Consumer Financial Protection Bureau, question what’s behind the failure of Washington Federal Bank for Savings in Chicago, react to an argument that Equifax must endure, and more.


What’s behind the curious rise in bank auditing woes?


A number of small banks have disclosed material weaknesses in loan-loss accounting and other procedures. Reasons vary, but a common thread appears to be that accounting firms are facing pressure to beef up their scrutiny of internal controls in financial services.


Former Tennessee Commerce exec charged with lying to regulators


Lamar Cox is accused of understating losses tied to the sale of foreclosed properties in 2009.