Sara Lepro

Average cardholder spending increases 15% to $3,767 during the second quarter.

The Neighborhood Assistance Corp. of America has filed a lawsuit against the Department of Housing and Urban Development, accusing the agency of "trying to silence and undermine" the homeowner assistance group.

Faced with the reality that they might not be able to sell their homes anytime in the near future, more homeowners are choosing to remodel.

If the financial industry were made up of nursery rhymes, Wells Fargo would be Little Jack Horner and Bank of America would be regarded as Pinocchio.

Concerns over Bank of America Corp.'s capital levels took front and center during the bank's conference call with analysts discussing second-quarter results Tuesday.

The card issuer launches Facebook application to offer cardholders customized deals based on their "likes" and interests.

Robert E. Bostrom, executive vice president and general counsel of Freddie Mac, will resign from his post effective July 29.

Peer-to-peer loan facilitator Lending Club Corp. says a record $20 million of consumer loans were funded through its website in June, bringing the total amount of loans originated to more than $300 million since 2007.

Judge calls on HSBC's North American chief to explain foreclosure; B of A tears up the slopes; Huntington marries marketing with fine art.

Miami couple caught faking a promissory note in order to have mortgage debt discharged; HUD now pushing for those handling loan mods to obtain state licenses; and more.

TD Bank's charitable foundation plans to award $2.5 million in grants to nonprofits that support affordable housing initiatives.

The bank on Friday said it was extending premier checking account benefits typically reserved for its elite customers to active-duty members of the armed forces, along with members of the National Guard and reserves.

The bank on Friday said it was extending premier checking account benefits typically reserved for its elite customers to active-duty members of the armed forces, along with members of the National Guard and reserves.

U.S. Bancorp to sponsor an hourlong fireworks show; Bank of America uses its MLB sponsorship to help schoolchildren; banking industry finds ways to help military customers.

New study shows that by better serving underbanked consumers, banks and credit unions have the power to raise property values; after several delays, the Uniform Collateral Data Portal is up and running; Wells and B of A donate properties to Cuyahoga County, Ohio.

The company behind the social lending website Prosper.com said it had hired Joseph Toms, effective Monday, as its chief investment officer.

With the macroeconomic outlook still glum, housing prices still depressed and the FHA's grip on the market for low-down payment loans still intact, the mortgage insurers are stuck in the same rut.

R. Scott Blackley will fill the role of Capital One Financial Corp.'s principal accounting officer starting next month, the lender said Friday in a regulatory filing.

R. Scott Blackley will fill the role of Capital One Financial Corp.'s principal accounting officer starting next month, the lender said Friday in a regulatory filing.

Regions Financial may still be lagging its peers in terms of credit quality and profits, but in shopping around Morgan Keegan & Co., its investment bank subsidiary, Regions appears to have the upper hand.