First United (FUNC) in Oakland, Md., has received regulatory approval to catch up on interest payments for certain obligations.

An estimated 782 different collection agencies and creditors were sued in January under consumer statutes, including the Fair Debt Collection Practices Act, the Fair Credit Reporting Act and the Telephone Consumer Protection Act.

Bank of America Corp., the second-biggest U.S. lender, disclosed new probes into its mortgage and foreign-exchange businesses and boosted an estimate of potential legal losses by 20 percent to $6.1 billion.

Indiana University notified the Indiana attorney general’s office Tuesday of the potential exposure of personal data for approximately 146,00 students and recent graduates.

Debt buyer Encore Capital Group Inc. announced Tuesday the acquisitions of two companies in separate transactions in the United Kingdom and Latin America.

JPMorgan Chase laid out a careful plan for a better 2014 on Tuesday, as it tries to recover from a year spent paying for past mistakes. The bank is hoping that more expense cuts, improved technology and a greater reliance on wealth management will boost its future growth.

Morgan Stanley (MS) agreed to pay the U.S. Securities and Exchange Commission $275 million to resolve a probe into the sale of subprime mortgage-backed securities in 2007.

The fate of a measure that provided key tax relief to distressed homeowners is hanging in the balance as Congress debates a larger package of tax extenders.

The $3.2 billion-asset company said in a press release Tuesday that Michael Mayer had been the chief executive of 1st Financial Services in Hendersonville, N.C.

JPMorgan Chase & Co. (JPM), the lender whose legal and regulatory battles led to more than $23 billion in settlements in 2013, said Chief Compliance Officer Cindy Armine left to join another firm after a year on the job.

The National Fair Housing Alliance has filed a federal housing discrimination complaint against Deutsche Bank, alleging that the bank's foreclosed home management practices in mostly white populated areas are "strikingly better" than in African-American and Latino neighborhoods.

An unsolicited offer from an unnamed institution prompted Team Capital Bank in Bethlehem, Pa., to explore selling itself.

Auto loan debt per borrower increased for the 11th straight quarter, rising 4.4 percent from $16,060 in Q4 2012 to $16,769 in Q4 2013.

In West Virginia this week, state Attorney General Patrick Morrisey's office reports a new scam involves callers pretending to be FBI agents attempting to collect debts.

The Brooklyn company points to the recently announced merger of Rockville and United Financial in the New England, along with other deal, as evidence that similarly sized banks can reach agreement.

ALEXANDRIA, Va. -- NCUA has released Rapid City Telco FCU from a cease and desist order originally issued Feb. 25, 2010.

Complaints filed with the Consumer Financial Protection Bureau about collectors totaled 2,975 in January, more than double the 1,254 in December. In 2013, starting in July when the CFPB began tracking the data, 11,043 complaints were filed against collectors.

Foundation Bancorp (FDNB) in Bellevue, Wash., has been released from an enforcement action issued by the Federal Deposit Insurance Corp. and state regulators.

Several community banks have started offering correspondent banking services, while others are expanding their products. Still, many banks are wary about repeating the mistakes of the past.

Account holders at MtGox, the massive Bitcoin exchange that abruptly shut down this may not be left completely empty-handed. If the Tokyo company files for bankruptcy, its customers could retrieve some of the funds it is holding hostage.