Brian Browdie

The Federal Deposit Insurance Corp. has taken enforcement actions against eight banks and freed 12 others from prior orders, according to a series of orders released Friday.

Receiving Wide Coverage ...More Time for Mortgage Modifications: The Obama administration's announcement Thursday that it will extend the Making Home Affordable Program for another two years comes "despite signs of revival in housing," the Times notes. The program, which gives financial incentives to lenders to modify the loans of eligible borrowers, "did not come near to fulfilling the administration's promise of relief for several million homeowners," according to the publication. As of March 31, the program had helped 1.1 million borrowers, although the administration initially had anticipated aiding three million to four million homeowners. The new deadline for the program, Dec. 31, 2015, aligns it with other mortgage relief that has been extended, including the Home Affordable Refinance Program and the Streamlined Modification Initiative, for mortgages that are guaranteed by Fannie Mae and Freddie Mac, the Times notes. New York Times, American Banker

Thirty-three percent of Texans say they use mobile banking applications on a smartphone or tablet, up from 20% who said they used such applications in 2011, according to a survey released Thursday by SWACHA.

The Treasury Department plans to auction its remaining stakes in 16 banks as it continues to unwind its holdings from the Troubled Asset Relief Program.

Ally Bank notched the highest number of best practices among the nation's largest banks in the areas of disclosure, overdrafts and dispute resolution, according to a report released Thursday by the Pew Charitable Trusts.

President Obama has a message for his Chinese counterpart when the two meet next week: China needs to restrain its digital snooping.

Nancy Graves, who until last week served as assistant director of New Jersey's Department of Banking and Insurance, has joined Pascack Bancorp (PSBR) in Waldwick as president and chief executive.

Southwest Bancorp in Stillwater, Okla., and Bank of Kentucky in Crestview Hills have completed exits from the Troubled Asset Relief Program.

Guy Chiarello, JPMorgan Chase's (JPM) chief information officer, is leaving the company.

The global technology company said Wednesday that Conestoga Bank in Chester Spring, Pa., is adding two NCR's interactive tellers at its Bankwerx branch in Wayne, Pa.

The Columbia, Mo., lender plans to deploy Ellie Mae's Encompass360, which lets users originate, close and manage mortgage loans, after testing the service for a year, the companies said Wednesday.

Delanco Bancorp in N.J. (DLNO) said Wednesday it would reorganize itself from a mutual holding company structure via the sale of stock in a new company to be formed in connection with the conversion.

The Troubled Asset Relief Program will cost taxpayers less than expected.

Citigroup has agreed to settle a lawsuit by the federal government that charged the bank with misleading investors in the run-up to the mortgage meltdown.

JPMorgan Chase (JPM) has hired Travis Machen from Morgan Stanley (MS) to run a group that provides banking for financial institutions.

The credit rating agency on Tuesday changed its outlook on the U.S. banking system to stable from negative, citing an improving economy and strengthening balance sheets at many institutions. Its rating on banks had been negative since 2008.

Anchor BanCorp Wisconsin (ABCW) in Madison lost $17.5 million in the first quarter despite an improvement in credit quality.

The introduction of a new $100 bill is still five months away, but it's not too soon for banks and ATM manufacturers to begin preparing for its rollout.

A new report from the Federal Reserve on debit card swipe fees suggests that the 2011 law that capped fees large banks could charge is not crimping revenues at smaller institutions, echoing earlier findings by the Federal Trade Commission.

The social services charity is thanking Eugene McQuade, the head of Citigroup's main banking unit, for the support he and his company have provided it.