Jeff Horwitz

Two major tech players have pushed further into the data security space with acquisitions announced on Tuesday.

Plaintiffs attorneys suing banks over the alleged manipulation of overdraft fees have won some impressive victories in court, but gotten far less positive attention out of court. Now a former colleague is objecting to the class action attorneys’ settlement with Bank of America.

Is Bank of America charging for debit cards because it is shortsighted or because it is too bloated to compete against smaller institutions for consumer accounts?

The Federal Housing Finance Agency offered four options for revamping the economics of mortgage servicing earlier this year. Now it's down to two sharply contrasting plans.

Freddie Mac relied on a botched loan review process for key data used to justify its landmark settlement with Bank of America, the FHFA's inspector general has concluded.

Banks have long argued that processing debit card transactions by starting with the largest dollar balances and working their way to the smallest benefited customers. Here's an alternate explanation of what might have motivated them: "Multiple Millions $$$$$$$$$$$$$$$$$$$$."

The era of extraordinary government support for U.S. mega banks in crisis is ending, Moody's says. Welcome to the era of just ordinary government support.

Regulators, mortgage insurers, and plaintiffs' attorneys all failed to stop a decade-long pay-to-play scheme in captive mortgage reinsurance alleged by HUD's inspector general. But the short-term profits the deals produced may have cost banks a great deal in the long run.

Low-risk reinsurance vehicles amounted to illegal payoffs, the HUD Inspector General's office found in 2009. But the Department of Justice hasn't acted on the case referred by to it by HUD investigators.

Its suit against Bank of America shows U.S. Bank is more willing than other trustees to help investors force issuers to buy back soured loans.

Warren Buffett's $5 billion public vote of confidence in Bank of America, happily for him, does not require actual confidence.

Warren Buffett's $5 billion investment in Bank of America Corp. may boost investor confidence short-term, but over the long haul it will fatten Berkshire's wallet while worsening the bank's troubles.

Charles Taylor, the OCC's new deputy head of capital policy, comes from the Pew Project on Financial Reform, which has pushed for interventionist regulation of the sort the agency usually opposes.

B of A's plans to cut 3,500 jobs — and perhaps more — are the tip of the iceberg for the entire industry. Expenses are too high and revenues too low for most banks to avoid layoffs.

Once a fairly obscure self regulatory organization, the National Futures Association will likely soon be charged with overseeing the swaps market. How much responsibility the NFA takes on will be determined by how cash-strapped the Commodity Futures Trading Commission is.

David Stevens' record as a disciplinarian at the FHA seems based on inflated action counts at the agency, according to HUD's own statistics.

Bank of America has argued in court filings that it has the legal right to jettison troubled mortgage subsidiary Countrywide. In the real world, it wouldn't be so easy.

In the wake of Standard & Poor's downgrade of U.S. government debt on Friday, fears about capital markets exposure are now taking precedence over mortgages and cancelling out the perceived safety that investors normally ascribe to the largest banks.

Thursday's market plunge was the closest proxy to pure panic the markets has suffered in two years. It was also a stark reminder that investors view Bank of America, and to a lesser extent Citigroup Inc., as second-class citizens in the company of JPMorgan Chase & Co. and Wells Fargo & Co.

Citing conflicts of interest and a "failure to safeguard documents," Eric Schneiderman wants a seat at the table where Bank of America, BNY Mellon and top mortgage bond investors sit.