Ginnie Mae President Ted Tozer took issue with a government watchdog report that criticized both his agency and the government-sponsored enterprises for failing to catch the massive fraud at Taylor, Bean & Whitaker.

Canadian Imperial Bank of Commerce said third-quarter profit rose 4.9 percent as buoyant markets boosted wealth-management earnings and the lender won investment-banking business from oil and gas companies.

Toronto-Dominion Bank, Canada's largest lender by assets, said third-quarter profit rose 38 percent on higher earnings from domestic consumer lending and investment banking.

Imagine arriving at an international airport and one of the first greetings you get is from your bank, welcoming you to the new country and saying where to find free ATMs.

American Express and Discover Financial Services once again were kings of the mountain in an annual survey of consumers' experience with credit cards.

First Bancorp in Southern Pines, N.C., will close 10 branches in three states.

Russian hackers attacked the U.S. financial system in mid-August, infiltrating and stealing data from JPMorgan Chase & Co. and at least one other bank, an incident the FBI is investigating as a possible retaliation for government-sponsored sanctions, according to two people familiar with the probe.

A bulletin from the Consumer Financial Protection Bureau outlining new policies for mortgage servicing transfers has the industry on alert for another possible round of rulemaking coming down the pike.

Bank of America has lost more than $60 billion on its acquisition of Countrywide, including the cost of last week's big settlement with the Justice Department. But its issues are hardly over. The pain will continue for years as it has hundreds of thousands of delinquent, unsellable mortgage loans to work through.

New York Attorney General Eric T. Schneiderman's office filed a lawsuit Wednesday against four companies and their principals for operating a fraudulent loan modification scam.

Mid Penn Bancorp in Millersburg, Pa., has agreed to buy Phoenix Bancorp in Minersville, Pa.

LendingClub, the platform that allows borrowers to bypass traditional banks by connecting directly to lenders via the Internet, filed for a $500 million initial public offering in the U.S.

Inc. magazine has ranked Autoscribe Corp., based in Gaithersburg, Md., on its 33rd annual Inc. 500|5000 list, a ranking of the nation's fastest-growing private companies. Autoscribe is an affiliate member of ACA International.

Premara Financial in Charlotte, N.C., has named an interim president after the abrupt departure of its long-time leader.

Allowing the Federal Home Loan Bank System to invest in mortgage-backed securities is just one of many ideas being pitched to policymakers to revive the private-label market.

First Business Financial Services in Madison, Wis., is relying on a subordinated debt sale to foot the cash portion of its pending acquisition.

The Federal Housing Administration is changing a pair of rules on interest rate payments and resets to align with the Consumer Financial Protection Bureau's qualified mortgage rule.

Corinthian Colleges Inc., the troubled for-profit higher-education company that will be closing operations under a deal with the U.S. Education Department, is now involved in settlement talks concerning alleged illegal debt collections.

Josh Rossi is best known for starting the first Satoshi Square, a gathering of Bitcoin enthusiasts who trade the virtual currency for cash in New York City's Union Square, in 2013. He has since brought his ideas to new companies and new parts of the world.

Boards at community banks are being asked to have greater oversight of cybersecurity issues as data breaches continue to mount. The challenge is balancing such work with other demands.