News Topic: mortgages

Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration. ... Read full article

Union Bankshares has reached an agreement under which Federal Savings Bank will originate mortgages in its branches. ... Read full article

The Toronto bank is making good on its promise to reduce its exposure to Canada's softening housing market. ... Read full article

The Nashville company significantly reduced the 2018 earnings projection for its mortgage business. ... Read full article

Call it mutual respect. Bankers from mutually owned British building societies and similarly structured U.S. thrifts recently gathered in New England to address common challenges and share ideas about staying relevant at a time of rapid change in financial ... Read full article

The post-recession boom in auto loans and credit cards for borrowers with marred credit histories has been winding down in recent months. ... Read full article

Acting CFPB Director Mick Mulvaney suggested that digital mortgages should be held to different standards than ones originated by credit unions and banks. ... Read full article

Capitol Federal Financial has mostly relied on mortgages throughout its history. Its acquisition of a commercial lender will change that. ... Read full article

Mutual of Omaha Bank's purchase of Synergy One Lending will add reverse mortgages to its product line. ... Read full article

Costs rose at the global bank, profit in North America fell 16%, and questions are mounting for new CEO John Flint ahead of the release of his strategic plan. ... Read full article

MetLife and Prudential exceed expectations; cybercurrency desk will trade contracts linked to the digital currency’s value. ... Read full article

The Federal Savings Bank has been under a spotlight since it was revealed that it provided $16 million in mortgages to onetime Trump campaign manager Paul Manafort. ... Read full article

The Treasury secretary has said that he doesn't see changes to the housing finance system happening this year, but he's hopeful something can be done after the elections. ... Read full article

The Boston bank said Monday it received a "satisfactory" Community Reinvestment Act rating after being downgraded on its last exam. ... Read full article

The Seattle company has faced criticism from an investor over its commitment to the business, which lost money in the first quarter. ... Read full article

No individuals have been named in connection with the bank’s recent misdeeds, which resulted in a $1 billion fine, even as some senior leaders stand to gain from the government’s tax cut. ... Read full article

The legislation would prohibit the CFPB from penalizing institutions that rely in good faith on guidance from the bureau. ... Read full article

The Providence, R.I., company reported a double-digit increase in quarterly profits despite a year-over-year decline in fee-based revenue. ... Read full article