Even Without Interest Rate Hike, Banks Must Lend to Small Businesses

Even Without Interest Rate Hike, Banks Must Lend to Small Businesses

It was the sixth time in the last seven months that lending approval rates improved among the larger players. In a year-to-year comparison, big banks
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Xi's $300 billion stimulus playbook elevates Beijing's control

At least 2 trillion yuan (almost $300 billion) in new capital for lending has been amassed at the so-called policy banks, according to data compiled by
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Wells Fargo nixes product goals for retail bankers in wake of fraud scheme

Wells Fargo & Co. is eliminating all product sales goals for retail bankers in a move aimed at calming concerns following revelations that thousands of
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Read this first before investing in Lloyds Banking Group plc

With the shares down, is it finally time to add Lloyds Banking Group plc (LSE: LLOY) to my portfolio? At first glance, the valuation seems attractive.
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John Grace: Now may be time to avoid real estate bubble

You see, it may well be that the number of people dying may soon offset people buying residential real estate. So I am ringing the bell that now may be
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Regions Bank to Pay $52M to Settle Mortgage Case

Regions Bank to Pay $52M to Settle Mortgage Case … will pay more than $52 million to resolve allegations it improperly handled mortgage loans.
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Residential mortgage arrears fall for the 12th quarter in a row

The number of residential mortgages in arrears fell for the 12th successive quarter in the three months ended June to 11 per cent of the total, new
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Regions Bank next on DOJ hit list, will pay $52.4 million for FHA-lending violations

As with several of the other companies, Regions Bank acted as a “direct endorsement lender” in the FHA insurance program, which grants the lender
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Zillow Mortgages Reports 2 bps W/W Increase in 30-Year Fixed Rate to 3.31%

The 30-year fixed mortgage rate on Zillow Mortgages is currently 3.31 percent, up 2 basis points from this time last week. The 30-year fixed mortgage
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NRT Makes Executive Leadership Appointments to Enhance its Growth Strategy

During his Realogy career, Gorman led the company's strategic acquisition of ZipRealty, Title Resource Group's acquisition of the title insurance
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