Alan Kline

After spending the last few years paying down debts, consumers appear ready to increase their borrowing again, lenders say.

VantageSouth Bank's team of seasoned construction lenders will only target the most qualified builders in communities where demand for new homes is high, executives say.

Bank of America (BAC) is said to be eyeing more sales of mortgage servicing rights following its announcement Monday that it is selling $300 billion of servicing rights to two separate buyers.

The Maryland companies have moved the deadline for terminating the deal while they await Fed approval. Carrollton also said Friday that its CFO will resign in January.

JPMorgan Chase (JPM) has named a new chief executive of mortgage banking as part of a broader plan to better align mortgage lending with its other consumer and retail initiatives.

Banks might have more success winning over underbanked consumers if they lowered initial deposit requirements and offered banking services to noncustomers, according to a new report from the Federal Deposit Insurance Corp.

Flush with capital from a recent stock sale, Northeast has launched an online bank, established a nationwide loan-purchasing unit and, most recently, opened a mortgage office in Massachusetts.

Joe L. Albritton, the longtime chairman and chief executive at Riggs National Bank in Washington, died of heart failure Wednesday in a Houston hospital, according to the Washington Post. He was 87.

Capital One Financial (COF) has raided rival SunTrust Banks (STT) to help bolster its small-business lending team.

Capital One has grown its commercial and industrial loans by double digits over the past year, but CEO Richard Fairbank is prepared to pull back if the battle for business clients becomes any more intense.

Zions Bancorporation (ZION) in Salt Lake City has warned investors that it is facing an impairment charge of up to $100 million in connection with its investments in smaller banks.

Nicolet National Bank in Green Bay, Wis., is buying Mid-Wisconsin Bank of Medford in a deal that would combine one of the state's oldest banks with one of its newest.

Home Federal Bancorp (HOME) in Nampa, Idaho, said Friday that it is closing four branches in Oregon as part of its ongoing effort to reduce overhead and improve efficiency.

The mood at a consumer finance conference Friday was one of anxiety about the pace of the housing recovery, the onslaught of new rules and the federal government's long-term role in housing finance.

By pressing forward in business banking, auto lending and branch expansion, CEO Stephen Steinour has Huntington moving fast — and thinking big.

FNB United (FNBN) in Asheboro, N.C., narrowed its loss in the third quarter as it continued to unload problem assets.

Capital One Financial (COF) has $36.4 billion of loans outstanding in the three states hardest hit by superstorm Sandy but says is too soon to know what percentage those loans are at risk of default as a result of the property damage.

BB&T is planning to more than double its branch network in Texas by opening 30 new offices in the state’s four largest metropolitan markets.

Though Huntington, Fifth Third Bancorp and KeyCorp all reported relatively strong earnings, organic loan growth weakened amid continued uncertainty about the direction of the economy.

Northern Trust, the nation's third-largest custody bank, said Wednesday that its third-quarter profit rose 4.9% from the same period last year, to $178.8 million, as improved asset quality and strong fee-income growth more than offset dips in interest income and foreign-exchange income.