Regions Financial (RF) is discontinuing its controversial short-term consumer loan product, the company announced Wednesday.

Fidelity Homestead Savings Bank in New Orleans has acquired regional mortgage lender NOLA Lending.

The two largest U.S. home lenders are feeling the bite of competition from smaller firms as mortgage originations tumble at the fastest rate since 2011.

The chief risk officer of EverBank Financial (EVER) in Jacksonville, Fla., is stepping down.

After losing a football-related bet with his San Francisco counterpart, Charlotte market president Charles Bowman tweeted a picture of himself dressed as the 49ers' mascot.

With no more lines and far more banks to choose from, I want the one I select to handle my exceptional transactions exceptionally. I want to leave my bank knowing that my visit was and always will be worthwhile.

Bank employees may have profited by trading ahead of Fannie Mae and Freddie Mac swap orders, Reuters reported, citing a description of the practice in a Federal Bureau of Investigation intelligence bulletin.

Great Southern Bancorp (GSBC) in Springfield, Mo., has agreed to buy two branches from Boulevard Bank in Neosho, Mo.

As competition for home loans heats up, lenders are moving further down the credit curve in order to win business.

Bank of America Corp., the second- biggest U.S. lender, said fourth-quarter profit more than quadrupled as the company sought to quell claims tied to defective mortgages. The results beat most Wall Street estimates, and the stock rose in early New York trading.

The Federal Reserve Bank of Cleveland has freed United Community Financial (UCFC) from a six-month-old enforcement action.

Washington Federal (WAFD) in Seattle reported substantial deposit runoff tied to its purchase of 51 Bank of America (BAC) branches.

In the wake of a new edict from Washington, the San Francisco bank must decide whether to discontinue the controversial consumer loan product.

Heritage Oaks Bancorp (HEOP) in Paso Robles, Calif., disclosed that its chief financial officer is leaving after only a year at the company.

The Federal Reserve Board on Tuesday announced the termination of an enforcement action levied in 2010 against First Southwest Bancorp of Alamosa, Colo.

JPMorgan Chase's large and diversified operations -- including auto lending, wealth management and one-time sales of assets -- helped it shrug off its most recent round of eye-popping settlement and other costs.

The wife of a former Missouri State Representative has filed a lawsuit against Central Bank of Kansas City for alleged fraud.

The San Francisco bank's solid gains in auto, business and other lending could bode well for other large and regional banks, analysts say.

The Federal Deposit Insurance Corp. has lifted a consent order against the recently recapitalized North Community Bank in Chicago.

Mortgage banking is like the little girl in the nursery rhyme: "When she was good, she was very, very good, and when she was bad, she was horrid."