Flagstar Bancorp (FBC) has agreed to sell the majority of its mortgage-servicing rights but will retain the subservicing rights, the Troy, Mich., company said Wednesday.

Investors Bancorp (ISBC), in Short Hills, N.J., filed registration papers to dissolve its mutual holding company and convert to a fully stock-owned company.

Credit Suisse Group AG (CSGN) was sued by New Jersey over claims the bank misrepresented the risk to investors in more than $10 billion in residential mortgage-backed securities.

A consumer advisory issued by the Consumer Financial Protection Bureau on Wednesday is stoking fears that the agency may be inadvertently encouraging borrowers to challenge their lenders in court after new mortgage rules go into effect next month.

MidCoast Community Bank's founder and former chief executive pleaded guilty Wednesday to charges of bank fraud and money laundering.

BNC Bancorp's deals to spend $48 million on two lenders with sizable levels of nonperforming assets show that strugglers can command stronger prices in markets where aggressive banks are under pressure to buy.

Low interest rates drove lending income and margins downward at community banks early in the year, but they benefited from the midyear spike in long-term rates more than they let on.

The Consumer Financial Protection Bureau's annual report on college credit card agreements showed a decline of 23 percent in college agreements from 2011 to 2012.

The spread of Bitcoins is now prompting regulators in Scandinavia to draft new rules in an effort to prevent virtual money from slipping into a legal gray zone.

First Financial Bancorp (FFBC) in Cincinnati has agreed buy First Bexley Bank, in a deal that would bring First Financial into the Columbus market.

Timberland Bancorp (TSBK) in Hoquiam, Wash., will buy back its remaining Troubled Asset Relief Program shares for about $12.1 million.

Bank of Marin Bancorp (BMRC) in Novato, Calif., has named a new chairman.

BNC Bancorp (BNCN) in High Point, N.C., announced two deals Wednesday that would significantly boost its presence in its home state.

What we have seen from the bank regulatory agencies is an unsustainable proliferation of rules. Big banks are taking on water to keep up, while community banks are being swamped.

The Winston-Salem, N.C., company said Wednesday that it agreed to buy 21 Citibank branches in Texas, along with $1.2 billion in deposits and $134 in loans.

BB&T (BBT) in Winston-Salem, N.C., has added its top lawyer to its executive management team.

Increased regulatory pressure, lackluster economic growth and the end of the refinancing boom contributed to another challenging year for the industry, but the following 10 executives found ways to rise above the competition.

JPMorgan Chase (JPM) has sued the Federal Deposit Insurance Corp. over Washington Mutual's legal liabilities, the Wall Street Journal reported Tuesday.

New Jersey legislators are pushing a measure that would prevent some identity theft victims from being hassled by debt collectors.

Joseph Lucarelli was elected by the $4.5 million-asset company's board to serve a one-year term starting Jan. 1, the company said in a regulatory filing Tuesday.