The Federal Deposit Insurance Corp. recently released its Quarterly Banking Profile, and this report contained data indicating that loan origination could increase sharply in the near future. More..
The auto loan portfolios held by credit unions grew at the fastest pace in 13 years durin?g March, according to data provided in a CUNA Mutual Group report. More..
Jobless claims recently fell to their lowest level in seven years, and this development could show the latest progress made by the labor market. More..
Commercial and multifamily mortgage loan originations fell during the first quarter, according to figures contained in a recent Mortgage Bankers Association report. More..
Larger lenders have been approving a higher fraction of applications for small business loans, taking market share away from banks with a more modest scope. More..
Many U.S. banks recently reduced their standards for mortgage lending, and this development could boost loan sales by increasing the availability of this type of debt. More..
The Consumer Financial Protection Bureau has been pushing U.S. lenders offering auto loans through car dealerships to price this debt using a flat-rate structure, and BMO Harris Bank was the first sizable financial institution to adopt this approach. More..
Jonathan Lippman, chief judge of the state of New York, recently proposed reforms to debt collection lawsuits, 100,000 of which are filed against residents of the state each year. More..
The volume of weekly mortgage applications dropped to its lowest in almost 14 years during the week ending April 25, according to data from a recent Mortgage Bankers Association survey. More..
The Labor Department's April jobs report provided some strong figures, and this development could easily help bolster the sentiment of everyday Americans. More..
