Jeff Horwitz

The proposed attorneys generals' settlement of mortgage servicing practices threatens a high-margin business that brings in hundreds of millions of dollars every year for servicers.

Insurance regulators replaced ratings-based capital determinations for structured securities with a modeling system, and say their method could readily translate to banking.

Wells Fargo will hire 1,000 bankers in Virginia, Maryland and the District of Columbia in the next few months as it beefs up staffing at former Wachovia branches, the company said.

The New York Fed's president trumpets his odyssey…to an outer borough; it's always sunny in Florida for Regions' CFO; TCF exec exhibits religious zeal in fight against the Fed; and more.

Two force-placed insurance tales — one funny, one not, neither flattering to banks; Freddie Mac wants higher down payments; and more.

Investors and analysts have howled over specific mortgage servicers' handling of delinquent loans for years. The ratings industry generally has not.

Investors and analysts have howled over specific mortgage servicers' handling of delinquent loans for years. The ratings industry generally has not.

B of A scraps a scholarship program for graduating high school seniors in California; Wells Fargo appoints a new senior manager for its agribusiness lending group; and more.

Carrington Capital Management is not a bank; it competes with them, and its inner workings raise unsettling questions about the mortage market and some proposals to fix it.

Citi's Pandit says trust me on loan valuations, but JPM's Dimon says banks might do "stupid things" with excess capital; B of A kids' academy in Fla. to close; Huntington steals a rival; and more.

To hear a lot of bank execs lately, dividend increases have moved from an aspiration to a near certainty. But some lawmakers and regulators are still skeptical, arguing the industry has not come that far that fast.

Given Howard Atkins' popularity on Wall Street and his relatively high profile, questions have turned to how the bank would manage the transition. Wells, however, appears to be in a good position to ignore them.

Wells Fargo CFO Howard Atkins has resigned for personal reasons, the bank announced late Tuesday. He was immediately succeeded by chief administrative officer Timothy Sloan.

They've been called "braindead," "negligent," and "otiose." But some trustees of mortgage-backed securities are proving useful to investors after all in repurchase fights.

They've been called "braindead," "negligent," and "otiose." But some trustees of mortgage-backed securities are proving useful to investors after all in repurchase fights.

Company's solid performance helps BB&T chief sleep well — literally; questions abound after a firm names Bank of America No. 1 brand; PNC chief receives Horatio Alger award; and more.

An outspoken investor in trust-preferred collateralized debt obligations is seeking to strip Bank of New York Mellon Corp. of its trusteeship in a host of the instruments.

Unlike some of their peers, Wells Fargo & Co., U.S. Bancorp and PNC Financial Services Group Inc. don't have to devote a hearty portion of their investor presentations these days to discussing mortgage repurchase requests.

RBC chief is CEO by day, guitarist by night; Survey: Wall Street workers' bonuses lower than in U.K., Asia, but U.S. workers less likely to look for a new job; and more.

When the Federal Housing Finance Agency announced its interest last week in overhauling how servicers are paid, it didn't provide much in the way of public detail. But particulars are starting to trickle out from discussions Fannie Mae and Freddie Mac have held with various constituencies.