mortgages

Zions’ 2Q profit climbs 47% on loan growth, rate hikes

07/25/17

The Salt Lake City company also benefited from increases in investment securities and several large loan recoveries during the quarter.

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Flagstar profit off 13% as fee income falls

07/25/17

The Michigan company had fewer gains from loan sales. It also reported an increase in noninterest expenses.

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Fannie, Freddie are irrelevant to a government-backed mortgage system

07/25/17

Policymakers should differentiate between housing finance-related issues of real importance to the greater public interest, and those that concern only special interests.

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Bank of Hawaii beats estimates as loan demand surges

07/24/17

Double-digit growth in loan volume offset a decline in fee income at the Honolulu company.

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Regionals find new growth levers to pull in consumer banking

07/21/17

Auto risks mounting. Mortgage market tightening. Are there any good risks these days in consumer lending? Regional bank executives insist partnerships with online lenders, unsecured personal loans and other niche efforts can work if done properly.

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The reason small lenders are leery of GSE reform

07/21/17

From the small lender’s perspective, most of the various GSE reform proposals that have been offered are designed to advance the interests of the big banks.

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U.S. Bancorp reports 3% loan growth, some fee income declines

07/19/17

Declines in commercial products and mortgage banking fees at the Minneapolis company offset some of the benefits of higher interest rates.

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Believe it or not, bank tellers are seeing fatter paychecks

07/13/17

What's more, loan officers' pay has dropped. At work behind these surprising trends is a blend of economic forces, technological change and pressure on banks to pay entry-level employees better.

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RBS settles with FHFA; Visa offers cash for going cashless

07/13/17

British bank to pay $5.5 billion to settle mortgage issues, but faces Justice Department fine; Payments company offers restaurants $10,000 to stop accepting cash.

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Banks' struggles in mortgage business linked to outdated technology

07/12/17

It's not only regulation that is hurting profitability, but also banks' failure to adapt to the internet age, according to a recent study.

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