First Financial Bancorp in Cincinnati has shuffled its C-Suite and appointed a new president.

First Financial Northwest in Renton, Wash., has gotten regulatory approval to receive a $70 million dividend from its bank unit.

A Georgia-based collection agency and seven employees are facing fraud charges after a federal investigation revealed tactics that prosecutors believe convinced more than 6,000 people to pay the firm an estimated $4.1 million in purported debts, according to a criminal complaint filed Tuesday.

Most lenders are said to be embracing the regulatory changes being made to the home equity conversion mortgage, but for Generation Mortgage those changes meant too much risk and lower margins.

The mortgage delinquency rate continued its robust decline, falling for the 11th straight quarter, according to TransUnion's latest mortgage report.

A secondary market system "dominated by Fannie and Freddie in conservatorship is simply not desirable," Castro says.

Carver Bancorp in New York said Deborah Wright will retire as chief executive at the end of the year. The company's current president will succeed her.

In-store branches are a good example of the quandaries in retail banking. BOK Financial calls them outdated and has decided to ditch them, but Huntington and Fifth Third say they are high-volume sources of new accounts.

An independent actuarial report showed the Federal Housing Administration's mortgage insurance fund's capital ratio hit 0.41% this year, which is below the earlier estimate of 1.2%.

John Hairston, set to become the Mississippi company's sole CEO, said Carl Chaney was not forced out as co-CEO. Still, he said the departure allows Hancock to streamline operations and become more efficient.

MSB Financial Corp., a mutual thrift firm in Millington, N.J., plans to reorganize into a fully stock-owned company.

Dallas officials are supporting a lender called Community Loan Center of Dallas that is designed to allow participants an alternative to the payday lending industry that the city has long battled and heavily criticized.

First Horizon National in Memphis, Tenn., is looking to raise $400 million by issuing debt.

The U.S. Supreme Court agreed to hear two Bank of America Corp. appeals that seek to give lenders more leverage over homeowners who file for bankruptcy protection.

Plaintiffs advocating for spousal rights in existing Home Equity Conversion Mortgages are renewing their motion for class certification, citing circumstances surrounding two instances of foreclosures under interim government policy.

Elan Financial Services will use MasterCard's common debit application identifier technology when processing transactions through its MoneyPass ATM network.

California Republic Bancorp in Irvine, Calif., has raised $90 million through an offering of equity and debt.

A TransUnion analysis reveals consumers are moving to different homes at higher rates in the latter part of each year, suggesting that collection agencies might consider updating consumer contact information an additional time.

Wells Financial in Wells, Minn., has agreed to buy St. James Federal Savings and Loan Association in St. James, Minn.

BNC Bancorp in High Point, N.C., has agreed to buy Valley Financial in Roanoke, Va.