mortgages

PayPal CEO's lofty digital payments vision; Danske’s troubles grow

02/20/19

Dan Schulman predicts digital payments market may reach $100 trillion; the bank exiting Estonia, Latvia, Lithuania and Russia.

[more]

Household debt hit another all-time high. Is it poised to level off?

02/19/19

While student, auto and credit card balances are at or near record levels, housing debt is shrinking, credit quality is weakening a bit and lending standards, at least in some sectors, are tightening.

[more]

Why this bank had to find two buyers

02/19/19

Bridgeview Bancorp floated its name with 14 potential buyers, but it only attracted serious interest once it promised to divest a mortgage business that recorded a double-digit decline in fee income last year.

[more]

States agree to sweeping reg reforms for fintechs

02/14/19

A group of state regulators has signed off on 14 recommendations, developed by the fintech industry, aimed at streamlining multistate licensing and supervision.

[more]

Banks claim victory in new private flood insurance rule

02/11/19

Depository mortgage lenders are optimistic the final version of a regulation designed to open up the flood insurance market will make it easier for them to comply with a rule requiring them to accept private carrier policies.

[more]

Canada's banking regulator opens door to easing mortgage rules

02/05/19

A top official at the Office of the Superintendent of Financial Institutions defended tougher underwriting rules blamed recently for a slump in the nation’s housing market, but left open the possibility that regulations could ease if conditions change.

[more]

Provident in Calif. to shutter originate-and-sell mortgage business

02/05/19

The company said the move reflects intense competition and a "significant decline" in origination volume.

[more]

Shorter terms, higher rates: How CECL could upend lending

02/04/19

Bankers weigh their options in mortgage and CRE lending as implementation of a new accounting standard nears.

[more]

Reg changes drive Chemical-TCF union; Fed seeks stress-test input

01/29/19

Last year’s Dodd-Frank rollback facilitated the Chemical-TCF deal; the Fed is holding a conference this summer to discuss possible changes to the tests.

[more]

5 takeaways from banks' 4Q results

01/27/19

Among the things we've learned this earnings season: C&I is back, fee income is flat, and leveraged lending is beginning to "rear its ugly head."

[more]