Capital City in Florida to buy majority stake in mortgage lender


The company will significantly boost its origination volume after buying 51% of BrandMortgage.


Sterling in Michigan suspends mortgage program


The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.


RBC's profits fall amid tough times for investment banking


The decline in revenue from capital markets undercut gains in consumer banking and pushed fiscal fourth-quarter earnings below analysts’ expectations.


An internet banking pioneer’s view from the catbird seat


David Becker, who founded First Internet Bank two decades ago, says traditional banks' digital-only ventures are only making his bank look more mainstream.


Will banks be swept into CFPB's debt-collection rule?


Lenders contend the proposal goes beyond policing third-party debt collectors and could expose banks to enforcement actions and lawsuits.


NCUA follows bank regulators’ lead on home appraisals


A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal.


Santander pivots to Americas as growth in Europe stalls


Ana Botin, the Spanish banking giant's chairman, is counting on Santander's new digital platform to help drive expansion in the U.S. and Latin America.


Indicted ex-banker says warrant to search iPhone was tainted


Stephen Calk, who faces a bribery charge in connection with loans his bank made to former Trump campaign chair Paul Manafort, is asking a judge to suppress evidence that prosecutors obtained from his mobile phone.


Household debt hits new high as low rates boost mortgage demand


Home loan originations rose by double digits in the third quarter while auto loan originations approached an all-time high, according to new household credit data from the New York Fed.


HomeStreet fined for RESPA violations


The FDIC ordered the Seattle bank to pay a nearly $1.4 million fine tied to improper agreements with real estate brokers and homebuilders.