Sara Lepro

Judging by recent experience, however, the banks that lurk in the wings, hoping to capitalize on such dislocation, may find their ability to increase market share depends more on a target bank's health, or lack of it, than on any other factor.

Shrinkage was the name of the game during the fourth quarter at Synovus Financial Corp. — and it wasn't all bad.

Shrinkage was the name of the game during the fourth quarter at Synovus Financial Corp. — and it wasn't all bad.

The microfinance lender Grameen America Inc. boasts some big numbers, having lent more than $13 million in its first three years. Though this may have quieted some of the naysayers who questioned whether its model would succeed in the United States, Grameen says it has more work to do.

Infestation by thousands of snakes hurts the value of a seized home in Idaho; cost-wary servicers reportedly won’t complete foreclosures on Chicago properties; and more.

SunTrust can do better. First Horizon is doing better. BB&T: It's doing great. That's essentially how the CEOs of these regional banks described yearend results.

SunTrust can do better. First Horizon is doing better. BB&T: It's doing great. That's essentially how the CEOs of these regional banks described yearend results.

One of the few big banks that has yet to repay government bailout funds, SunTrust Banks Inc. said Friday that freeing itself from the Troubled Asset Relief Program is a priority.

Capital One Financial Corp. in McLean, Va., said Thursday that its fourth-quarter profit jumped 85%, exceeding analysts' expectations, as credit metrics improved.

The head of TCF Financial Corp., which sued the Federal Reserve Board in October to challenge its debit card interchange fee caps, said growing opposition to the proposal may help his case.

Two companies are trying to bring the decade-old merchant cash advance concept into new — and starkly different — markets.

Former Countrywide CEO Mozilo makes a rare public appearance; a secondary market is established for property tax liens; and more.

Hudson City Bancorp Inc. said Wednesday that its net income fell 11% in the fourth quarter as record low interest rates cut into yields it earns on mortgage-related assets — a condition the lender anticipates will continue throughout 2011.

Lending Club Corp.'s new partnerships show that its model, wherein borrowers seek loans funded by individuals rather than financial institutions, can be a consumer's first choice rather than a last resort.

The MBA sues to void a regulatory interpretation entitling loan officers to overtime pay; N.Y. Fed wonders why consumers don't want adjustable-rate loans.

It used to be axiomatic that it was cheaper for a lender to refinance a homeowner's mortgage than to originate a purchase loan. Now it's debatable.

As the payday lending business contracts under heavy regulation, the key to surviving is a good hook. That's especially true online, where consumers in increasing numbers are going in search of small-dollar, short-term loans.

Gleacher & Co. Inc. said Tuesday that it has started a residential mortgage banking subsidiary called Descap Mortgage Funding LLC.

Commercial lender CIT Group Inc. said Tuesday that it will outsource the servicing of $7.4 billion of government-backed student loans to the Pennsylvania Higher Education Assistance Agency.

Mortgage servicing flaws and banks' efforts to correct them garnered much attention last year. Less obvious has been the need for process improvements on the origination side.