Massachusetts homeowners facing foreclosure can expect improved protections under regulations filed by the state's Division of Banks that prevent national and state lenders from foreclosing on a property if an application for a loan modification is in process.

The person-to-person payments market is heating up and has banks going head-to-head with a pack of crafty upstarts. At stake is a service that, after numerous false starts, may be on the verge of replacing cash for a wide range of transactions.

It’s almost impossible to disclose the exact amount of third-party fees that will be charged for delivering money when those third parties may include a village council or military authority.

A U.S. housing regulator is seeking at least $6 billion from Bank of America Corp. to settle civil claims the firm sold faulty mortgage bonds to government-backed finance companies Fannie Mae and Freddie Mac, according to a person with direct knowledge of the discussions.

Metro Bancorp in Harrisburg, Pa., beat quarterly earnings estimates as its loan book posted strong growth.

Customers want to bank in the most convenient way for them. Banks don’t need to close their branches necessarily, but they certainly must transform them to address this fundamental shift in behavior.

JPMorgan Chase's record $13 billion settlement has significant implications for the financial industry, but they may not be what casual observers expect. Following is a guide to the key takeaways from the deal.

JPMorgan Chase & Co. (JPM) has reached a tentative resolution of all civil mortgage-bond related matters with the Department of Justice under which it will pay a record $13 billion, a person familiar with settlement talks said.

Old Second National (OSBC) in Aurora, Ill., has been released from a 2011 consent order issued by the Office of the Comptroller of the Currency.

Enforcement actions relating to anti-money laundering rules and the Bank Secrecy Act were a prominent theme in the Office of the Comptroller of the Currency's monthly round-up of orders issued from late August through September.

New York financial regulator Benjamin Lawsky is urging the state to make it harder for debt collectors to win court judgments using shoddy documentation.

FHFA Acting Director Ed DeMarco has been vague about why the regulator rejected Fannie’s force-placed proposal, a decision that has drawn sharp criticism from consumer advocates.

The qualified mortgage rule remains the big unknown in the mortgage industry just three months before it's scheduled to become law of the land. We speak with officers of the New York Association of Mortgage Brokers about how they're prepping for this brave new world.

Investors Bancorp (ISBC) in Short Hills, N.J., has added to its board a longtime New York banker with deep roots in Brooklyn.

For a company facing as much public scrutiny as JPMorgan Chase (JPM), even the smallest strategic move can ignite a firestorm of speculation about what’s really behind its actions.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

SBT Bancorp (SBTB) in Simsbury, Conn., has hired David MacKenzie as its chief mortgage and consumer lending officer.

Multiples are stronger in historical terms than many bankers assume, buyers' stock prices are going up and banks need to get to $25 billion of assets to thrive, says David Olson of River Branch Holdings.

SunTrust still wants to lower its efficiency ratio to 60%, but a mortgage slowdown and legal costs tied to alleged lending violations is making that goal harder to achieve.

Payment Alliance International and Iberiabank Corp. have agreed to brand ATMs in Rite Aid pharmacies in Greater Memphis.