The company will pay more than $6 million in relief to consumers and a $1 million penalty if the proposed enforcement is approved.

Home prices increased in June, even as appreciation slowed, according to a report released Monday from Black Knight.

Freddie Mac expects housing demand and supply to increase through next year as the economy gradually returns to normalcy.

Sen. Sherrod Brown may give the country's biggest banks heartburn, but there are signs he's positioning himself as an industry ally ahead of a potential bid to run the Banking Committee.

CPI Card Group, a provider of EMV payment services, has agreed to acquire EFT Source, a provider of personalized ATM products.

An improved economy, hint of potentially higher interest rates and changing demographics are all aiding a lending rebound in the southern and western parts of the United States.

Health care systems have long looked for new ways to collect patient accounts, particularly as deductibles rise and patients find it more difficult to pay outstanding balances.

The SBA is committed to modernizing and simplifying its lending practices and, under the Obama administration, the agency has eliminated pages of regulations that were blocking the capital pipeline and hindering the growth of our economy.

Goldman Sachs Group Inc. agreed to pay $3.15 billion to repurchase residential mortgage-backed securities to resolve federal claims tied to the sale of the bonds to Fannie Mae and Freddie Mac.

The benefits of homeownership are often cited in policy debates, though it has some downsides. Following are the advantages and costs of homeownership for neighborhoods and communities, as summarized in a recent research paper by Jason Fichtner and Jacob Feldman at George Mason University.

Legislation aimed at allowing student loan borrowers to refinance their debt will return to the Senate floor for a second vote next month.

While new government guidance is intended to make banks more willing to do business with legal marijuana dealers, in practice it creates a new set of headaches for bankers.

Every day, consumers give out their credit card or bank account numbers to strangers whom they trust to take out the correct amount and safeguard their sensitive information. "That's terrifying if you really step back and think about it," says Jeremy Allaire of Circle Internet Financial.

American National Bankshares in Danville, Va., has agreed to buy MainStreet BankShares in Martinsville, Va.

Stonegate Bank in Pompano Beach, Fla., has agreed to buy Community Bank of Broward in Dania Beach, Fla.

Goldman Sachs is in the final stages of negotiating $1.1 billion settlement with the Federal Housing Finance Agency, according to a news report Friday.

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Financial Institutions in Warsaw, N.Y., is overhauling its risk-management structure, while also looking for a new executive to handle such duties.

A case filed by subprime card issuer First Premier Bank raises questions about how much influence card companies have over the websites that consumers use to price-shop.