News Topic: mortgages

Fintech investors, including Goldman Sachs, see opportunity in Mexico; firm’s growth in lending could be a problem if economy goes south. ... Read full article

The House Financial Services Committee debated legislation Wednesday to reform and reauthorize the National Flood Insurance Program, but no clear solution emerged. ... Read full article

In a tense back and forth with lawmakers, the embattled CEO pushed back on claims that the bank still pressures employees to hit sales targets and retaliates against those who speak up. ... Read full article

Bank employees say management has not let up on ambitious sales goals; women bankers say UBS cut bonuses after maternity leave. ... Read full article

Following a congressional mandate, the consumer bureau solicited public feedback on Property Assessed Clean Energy loans, which have been deemed risky by the Federal Housing Administration. ... Read full article

The Seattle company has a letter of intent to sell its home loan centers to Homebridge Financial Services. ... Read full article

Some companies on SourceMedia’s Best Fintechs to Work For list offer their employees extra time off to live boldly. ... Read full article

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

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. ... Read full article

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. ... Read full article

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

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. ... Read full article

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. ... Read full article

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

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

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. ... Read full article

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." ... Read full article

The surge in new lending at the Pasadena, Calif., company offset rising deposit costs and sluggish fee-income growth. ... Read full article