Mortgage Blog

Hayes in January pleaded guilty to participating in a scheme to defraud Excel Bank and to profit from illegal insider loans.

The U.S. Attorney's Office for the Western District of Washington state alleges the pair misled customers and misused funds, resulting in at least $35.9 million in losses.

Birmingham is one step closer to getting its first new bank in more than a decade.

We also asked about the mental makeup of tech entrepreneurs here. Is there still too much risk aversion keeping good ideas from finding funding?

Wells Fargo's region bank president in New Mexico said removing sales incentives are a step to re-establishing trust with the bank's customers.

For Bank of America Corp. (NYSE: BAC), it's onward and upward. The nation's second-largest bank released its first-quarter earnings results Monday morning, reporting a record net income of $6.9 billion, or 62 cents in diluted earnings per share.

First-quarter revenue came in at $23.1 billion, an increase of 13% from the fourth quarter of 2017 and an increase of 4% from a year ago.

Chief Executive Brian Moynihan again referenced the mantra of “responsible growth” as the reason for BofA's continued…

As this week’s tax-filing deadline approaches, there’s plenty of confusion over tax rules on profits made on selling bitcoin and other cryptocurrencies, which the IRS considers to be capital gains on the sale of property.

Tax deadline day often sparks anxiety for those rushing to get their returns in the mail, but this year’s taxes could be even more burdensome for those who profited from last year’s bitcoin boom.

“For those who invest in cryptocurrencies, this anxiety is probably significantly…

Commercial lending is up in Western New York, with most companies posting year-over-year gains in their local loan portfolios.

A Tampa banker says customers would have more choice about where they do their banking if Congress moves forward with a measure that would make dramatic changes to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

The measure, S.B. 2155, had bipartisan support, including from both of Florida’s U.S. senators, when it passed the U.S. Senate last month, but faces a tougher battle in the U.S. House. It would roll back many of the regulations put in place after the financial crisis…

Why is a regional financial powerhouse going through this much trouble for a bank that would likely have no immediate material impact on its balance sheet?