Freddie Mac posted a third quarter loss of $501 million, its first quarterly loss in four years, but the government-sponsored enterprise will not request a draw from the U.S. Treasury.

In what could be seen as another salvo in the battle between fintech "distruptors" and more traditional financial institutions, five large technology companies — Google, Amazon, Apple, PayPal and Intuit — have formed a lobbying and advocacy group dedicated to financial issues.

Fees charged to military banks under Department of Defense agreements are forcing branches to close, removing a key resource for troops and families.

Seacoast Banking Corp. of Florida in Stuart has agreed to buy Floridian Financial Group in Lake Mary.

First Horizon National in Memphis, Tenn., will record an $11.6 million expense in the third quarter, after an arbitration panel officially ruled against it in a securities-related dispute with First United Corp. in Oakland, Md.

Google, Amazon, Apple, PayPal and Intuit have joined forces to promote policies they say will foster greater innovation in financial services.

WireCash, an online marketplace for international remittances, has added the Brazilian company Pontual to its platform.

UMB Financial in Kansas City, Mo., announced that its president has resigned. Peter deSilva also vacated his post at chief operating officer, the $18.6 billion-asset company said in a press release Monday.

Loan demand and conditions remained largely unchanged in the third quarter, with some easing of credit standards for consumer and auto loans, according to a survey of senior loan officers conducted by the Federal Reserve.

October was one of the best months in recent memory in terms of the number of deals and their aggregate value. If that pace continues, 2015 would be the strongest year for bank M&A since the financial crisis.

JPMorgan Chase agreed to pay California $50 million to resolve claims the bank cheated tens of thousands of credit-card customers while collecting debts from them, California Attorney General Kamala Harris said.

Flushing Financial in Uniondale, N.Y., has promoted newly hired executive Susan Cullen to chief financial officer.

JPMorgan Chase & Co., the nation’s largest bank by assets, will pay $100 million to settle a California lawsuit alleging it used illegal methods to collect debts from more than 125,000 credit card holders.

Eagle Bancorp in Bethesda, Md., has redeemed all the shares it accumulated through the Small Business Lending Fund program.

Southcoast handled its sale in way that truly resembled a reality dating show, whittling a list of 28 suitors down to three finalists. BNC Bancorp in North Carolina succeeded in landing the deal after its presentation won over Southcoast's board.

The government-sponsored enterprise is working to rebuild partnerships with church organizations and housing financing agencies as part of a broader effort to make owning a home affordable for low- and moderate-income families.

Bank of America has agreed to pay $335 million to settle a lawsuit claiming it misled shareholders about risky mortgages and its dependence on the electronic mortgage registry known as MERS.

Atlantic Capital Bancshares in Atlanta sold $25 million in capital to help fund its purchase of First Security Group in Chattanooga, Tenn.

Investors Bancorp in Short Hills, N.J., posted higher profit in the third quarter, with strong interest income growth offsetting higher employee-related costs.

Charlie Shrem wouldn't let prison stop him from chatting with his online fans. Even after becoming the first person ever convicted of a Bitcoin-related crime, Shrem continues to cultivate a following among Bitcoin loyalists, some of whom paint him as a sort of martyr for the digital currency.