FirstBank in Lexington, Tenn., has agreed to buy Northwest Georgia Bank in Ringgold.

Ocwen Financial's shares jumped 19% to more than $10 a share as of late morning Friday, the day after it reported a first-quarter profit and highlighted an expansion into mortgage lending.

Hanmi Financial has opened loan production offices in New York and Georgia.

First BanCorp in San Juan, Puerto Rico, has been released from a consent order with the Federal Deposit Insurance Corp.

Complaints filed with the CFPB against collection agencies jumped in March while district court numbers revealed an uptick in lawsuits

The Costco cobrand card was a huge win for Visa, but nevertheless the card network's chief executive, Charlie Scharf, found himself defending the terms of the partnership.

A measure of consumer credit defaults released Thursday by S&P Dow Jones and Experian shows a slight downward movement.

Too many bank customers feel disgruntled after interactions with their financial institutions' digital tools, calling centers and branches. Banks can solve the problem by taking a page from brands that have successfully marketed themselves as being on the customer's side.

Simmons First National in Pine Bluff, Ark., has agreed to buy Ozark Trust and Investment Corp. in Springfield, Mo.

Patricia Goldstein, the commercial real estate finance pioneer, veteran workout banker and mentor of many of today's top female executives, died Thursday in Highland Beach, Fla. She was 69.

The troubled Atlanta mortgage servicer's independent auditor has again delayed its 2014 financial results and has raised questions about the firm's viability, CEO Ron Faris said after Ocwen reported a steep earnings drop.

WASHINGTON — Federal banking regulators are putting pressure on a dozen or more states to begin regulating appraisal management companies within their borders.

Marketplace lender Social Finance has expanded its education loans to parents of students in 49 states and the District of Columbia.

The $129 million-asset bank said in a press release Thursday that Robert O’Donnell will remain its chairman even though he is retiring as CEO.

Hudson City Bancorp in Paramus, N.J., reported a staggering plunge in earnings after an unexpected delay of its sale to M&T Bank.

Visa, the world's biggest payments network, posted a fiscal second-quarter profit that beat analysts' estimates as consumer-card spending rose.

Banks' customer-satisfaction ratings are at a 10-year high, according to a new study by J.D. Power. The research firm identified the top-rated banks in each region, and found that the postmillennial generation has a thing for the megabanks.

The regulator is monitoring pricing, along with loan covenants and repayment schedules, as bankers compete for loans. Several bankers have noted recently that paydowns rose in the first quarter as competitors dangled relaxed terms to steal clients.

Another Bank of America executive has joined Novantas, a maker of financial-analytics software for banks.

HarborOne Bank announced Wednesday that it will acquire Merrimack Mortgage Co. Terms of the transaction are undisclosed.