First Horizon National Corp. announced late Tuesday that it will pay $110 million to the Federal Housing Finance Agency to settle allegations that it sold faulty mortgages to Fannie Mae and Freddie Mac in the years leading up to housing bust.

The company had been looking for a deal for a few years and finally found one in OmniAmerican, a former credit union that converted to a stock-owned company in 2010.

John Poelker, who recently met with key investors, is using YouTube to appeal to clients who might have been spooked by executive ousters and reports of widespread financial excess at the Greenville, S.C., company.

BBVA Compass has leased space in the Charlotte Chamber of Commerce building for a loan production office.

Wells Fargo (WFC) shareholders approved compensation for John Stumpf, the chairman and chief executive, at the company's annual meeting Tuesday and also rejected a proposal to split the chairman and CEO roles.

The Government Accountability Office urged the Office of the Comptroller of the Currency and Federal Reserve Board to monitor how servicers were carrying out foreclosure prevention steps in amended consent orders.

City Holding (CHCO) in Charleston, W.Va., said Tuesday that it its first-quarter earnings rose 73% from the same period last year, to $13.8 million, as the company accelerated workouts of problem loans it inherited in two acquisitions.

Noninterest income seemed to stabilize some during the first quarter, though smaller banks are still struggling to see meaningful increases in fees.

The Missouri House on Tuesday passed legislation to eliminate renewals on payday loans and lower the amount of interest borrowers can charge.

The total limit of new credit for bank-issued credit cards led origination growth in January, followed by home equity revolving lines and auto lending, according to the latest Equifax National Consumer Credit Trends Report.

Credit Sesame and Credit Karma were among the first companies to offer credit scores at no charge. Now they're looking to do the same with products that credit card issuers have traditionally sold.

Thirty-two million people under age 65 were underinsured in the U.S. in 2012, meaning they had health coverage that provided inadequate protection against high health care costs relative to their income, a Commonwealth Fund report revealed.

Operation Choke Point, changing marijuana laws and increased anti-money laundering scrutiny are just a few of the governmental and regulatory factors affecting banks' relationships with certain customers these days. Now financial companies are under intense scrutiny over the payday lenders, check cashers, marijuana businesses and even individual customers that they do business with. American Banker editors discuss.

Hudson City Bancorp (HCBK) in Paramus, N.J., reported lower quarterly earnings as its planned sale to M&T Bank (MTB) still awaits regulatory approval.

Joseph Stilwell has found yet another bank to pressure.

Banks should not expect customers to cough up their data if there isn’t something in it for them.

Solera National Bancorp (SLRK) in Lakewood, Colo., reported a quarterly loss less than a month before it will face a pair of shareholder challenges at its annual meeting.

Target Corp. took two big steps to put the holiday data-breach nightmare behind it today.

With more consumers using mobile devices for banking and credit card monitoring, a subcommittee of the House Financial Services Committee is examining the impact of mobile technology on consumers’ financial decisions.

HomeStreet (HMST) in Seattle has filed to sell up to $125 million in securities.