Consumer banking
Consumer banking
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A Tampa Bay, Fla. couple, harassed by Bank of America over their delinquent mortgage payments, recently won a $1 million default judgment in a collection lawsuit.
January 21 -
Standard & Poor's agreed to pay $20 million and halt part of its commercial-mortgage bond business for a year to settle claims by two states that it altered its criteria for rating eight deals to win business
January 21 -
Fifth Third Bancorp in Cincinnati reported a drop in fourth-quarter profit on lower interest income from lending, and from decreased fees from mortgage banking.
January 21 -
To help Spanish-speaking consumers understand their rights when dealing with debt collectors, the Federal Trade Commission has created a Spanish-language graphic novel, Cobradores de Deuda
January 21 -
Cathay General Bancorp in Los Angeles has agreed to buy Asia Bancshares in New York.
January 21 -
Fulton Financial in Lancaster, Pa., reported lower quarterly earnings that reflected the costs of complying with a regulatory order.
January 20 -
Pioneer Federal Credit Union in Mountain Home, Idaho, has deployed video teller technology to its ATMs.
January 20 -
The Consumer Financial Protection Bureau has finalized tweaks to a mortgage disclosure rule set to take effect later this year.
January 20 -
The digital-only offshoot of Customers Bank combines edgier technology like letting consumers snap photos of their driver's license to open accounts with a new business model that counts on interchange revenue rather than fees.
January 20 -
The industry is breathing a little easier now that the Supreme Court declined to hear a case that merchants hoped would lead to even lower debit interchange fees.
January 20 -
BBVA and USAA are among a group of participants in a $75 million investment in the Bitcoin wallet provider Coinbase, an unusual move given the cool posture most financial institutions have taken toward virtual currency.
January 20 -
The Louisiana company is the latest out-of-stater to move into the Sunshine State after buying a failed bank in the Florida Panhandle. First NBC's chief executive made it clear his company has more expansion in mind.
January 20 - New York
Regional banks M&T and Regions Financial continue to see healthy loan growth, but low interest rates (combined with their own special problems) are preventing them from translating it into higher profits.
January 20 -
BBVA and USAA are among a group of participants in a $75 million investment in the Bitcoin wallet provider Coinbase, an unusual move given the cool posture most financial institutions have taken toward virtual currency.
January 20 -
U.S. Bancorp in Minneapolis has promoted Andrew Cecere to become its chief operating officer.
January 20 -
Altisource Portfolio Solutions promoted John Vella to the new position of chief revenue officer in a bid to grow beyond its relationship with embattled former parent Ocwen Financial.
January 20 -
Digital payments company ACI Worldwide has begun offering bill pay services on ATMs and kiosks sold by LD Systems.
January 20 -
PL Capital in Naperville, Ill., disclosed in a regulatory filing last week that it wants Joseph Palmer Jr. and John Yerkes Jr. to resign rather than stand for reelection at the $542 million-asset company's Feb. 10 annual meeting.
January 20 -
The average loan size of new homes increased to $311,398 in December from $306,975 in November, according to a Mortgage Bankers Association survey.
January 20


