Confusion and panic. Those are the words most often used by lenders when faced with the onslaught of mortgage regulations and other rules going into effect in three months. Regulators have sought to defuse concerns partly by attending industry conferences, but they have also made it clear that several other big changes are on their way. Following is a guide to what's ahead.

Acquisitive banks have frequently used the "accretive to earnings" pabulum to sway shareholders and justify overpriced transactions. This has created an illusion of acquisition value that is detrimental to the market.

Municipal Employees Credit Union in Baltimore has received approval from the National Credit Union Administration to buy a bank.

Bank of America said third-quarter profit rebounded as the firm curbed legal expenses and more borrowers paid on time.

U.S. Bancorp said third-quarter profit was little changed as revenue fell and the bank set aside less money for bad loans.

PNC Financial Services posted a 9.7 percent profit increase as the lender cut expenses and set aside less money for bad loans.

Gateway Bank of Southwest Florida has appointed Brian Hall, the founder of rival Sabal Palm Bank in Sarasota, to its executive team.

LANSING, Mich. – The Brighton Township Planning Commission on Monday night signed off on a site plan for Lake Trust CU’s new 100,000-square-foot office project, which would be one of the biggest credit union builds in the country.

The Troy, Mich., bank's agreement to buy the four remaining bank units of Capitol Bancorp in a bankruptcy auction would strengthen its Midwestern profile, but it has to accept two far-flung units and navigate some tricky regulatory issues to get the deal done.

Malvern Bancorp (MLVF) in Paoli, Pa., expects to report another quarterly loss after selling a block of problem loans and repaying Federal Home Loan Bank advances.

Revenue at Citi's North American retail bank fell 35% year over year and officials warned that lower mortgage originations and continued spread compression would crimp revenues in the fourth quarter, and perhaps beyond.

WASHINGTON -- The Consumer Financial Protection Bureau finalized clarifications Tuesday to its mortgage servicing rules in an effort to ease concerns servicers had about communicating with struggling or bankrupt borrowers who invoke certain legal protections.

In just under a year, Sen. Heidi Heitkamp has emerged as a key player on the Banking Committee, helping to work on a bipartisan housing finance reform bill and championing legislation to provide relief to small banks.

Washington Federal (WAFD) in Seattle attributed its strong third quarter to economic improvements in the eight states in which it operates.

Despite Bitcoin's pop culture appeal, most people perceive the virtual currency as so complicated that it must take a rocket scientist to understand. But Moneero has invented a machine that aims to change that perception.

Consumers will have more confidence in the formal system of money transfers once they are given clear information about how much money will actually be available on the receiving end.

Former Citigroup executive Gordon Baird plans to launch an application at Independence Bancshares that ties together mobile banking and real-time processing – a technology that some industry experts say could revolutionize banking.

A breakdown of M&A announcements in the financial services industry for the week ended Oct. 12

First Republic Bank (FRC) in San Francisco reported a 9% rise in quarterly profit on increased lending and continuing improvement in its wealth management income.

The Federal Reserve Board has hit three Southern banks — Highlands Community Bank and New Peoples Bank in Virginia, and North Georgia Community Financial Partners — with enforcement actions.