Browsing: industry

The mortgage industry is once again lacing up its bowling shoes and taking another spin in a collective effort to “Strike Out Cancer” in late February.…

Key insights: A 10% interest-rate cap could reduce lending volume and earnings for payment companies.What’s at stake: Credit card debt is at record highs, with consumers…

STEPHEN HILGER/BLOOMBERG NEWS Processing ContentKey Insight: The central bank will accept pennies from banks and credit unions at all commercial distribution centers after ceasing to accept…

A tumultuous 2025 for credit unions was highlighted by disarray at the industry’s governing body and banks’ renewed attack on the sector’s income-tax exemption.Processing ContentCredit unions…

While mortgage activity may be down this year, a flurry of deals behind the scenes suggests the industry is far from standing still. The year kicked…

Key insight: Even amid challenging conditions for the auto industry, Ally Financial posted third-quarter earnings that outpaced analysts’ estimates.Supporting Data: Ally’s earnings per share for the quarter…

When two organizations dedicated to improving housing affordability join forces, the impact on Canadian communities is significant. Mortgage Professionals Canada (MPC) recently entered a partnership with…

Brazilian President Luiz Inacio Lula da Silva and China’s Great Wall Motor (GWM) CEO Mu Feng attend the opening of the GWM automobile factory on August…

WASHINGTON — Todd Harper is the rarest of Washington creatures: A regulator who actually gets along with everyone. During his years as Democratic chairman of the National…

Rocket Mortgage’s acquisition of Redfin has been mischaracterized as harming competition in the mortgage lending space. The truth is that it could be a major boon…