SunTrust Banks Inc., which has received $4.9 billion in federal Troubled Asset Relief Program funds, posted an $815.2 million first-quarter loss it blamed on a goodwill charge and increased reserves for loan losses. ...more

April 24, 2009

SunTrust Banks Inc., which has received $4.9 billion in federal Troubled Asset Relief Program funds, posted an $815.2 million first-quarter loss it blamed on a goodwill charge and increased reserves for loan losses. ...more

April 23, 2009

Mortgage application volume more than doubled during the shortened Thanksgiving week, according to the Mortgage Bankers Association's weekly application survey. ...more

December 4, 2008

Some years back the very idea of transplanting a human heart seemed like science fiction. ...more

November 21, 2008

Regional bank National City Corp. said Wednesday it is slashing its dividend by half and shutting its wholesale mortgage division, eliminating 900 jobs, because of weakened housing and credit markets. ...more

January 3, 2008

GMAC Financial Services said on Wednesday it would cut about 3,000 jobs, or 25 percent of the work force at its Residential Capital LLC mortgage operation. ...more

October 18, 2007