Five years out of the financial crisis, even people actively involved in the industry don't trust it.

WASHINGTON — The Consumer Financial Protection Bureau on Tuesday updated its exam manual for payday lenders to include how examiners will check for harm against military personnel.

Fannie Mae and Freddie Mac are about to get tougher on banks and other lenders that cut corners when originating mortgages and try to sell them to the government-sponsored enterprises.

Ohio Attorney General Mike DeWine announced late last week that nearly $2 million has been returned to local governments through his Local Government Collection Services Program.

An affiliate marketing company and its two principals have agreed to settle Federal Trade Commission charges for allegedly sending out more than 42.5 million unwanted and deceptive text messages to consumers.

Lawmakers are scheduled to examine concerns on Wednesday that a hike in flood insurance premiums set to go into effect this fall could topple the still weakened real estate market.

Malvern Bancorp is being challenged by a pair of dissidents in a development that highlights investors' growing frustration with the banking industry's inability to put capital to work.

Simplicity Bancorp's experience with mortgage servicing could give banks a reason to reconsider plans to ditch the business despite concerns about new regulations.

A Detroit private-equity firm affiliated with the mortgage originator Quicken Loans has acquired Rapid Financial Services, an online lender to small businesses.

Columbus Data Services, an ATM processor, has completed MasterCard end-to-end certification for all Triton ATM products. As a result, CDS is now processing transactions that comply with the EMV-chip card standard on MasterCard networks.

The American Bankers Association has formed a group to lobby on behalf of rural lenders.

Southwest Bancorp in Stillwater, Okla., has redeemed a series of trust-preferred securities.

In an email to employees, Jamie Dimon said the company is focused on eliminating products and services that aren't core to the business, while also boosting compliance with regulatory initiatives and improving oversight of outside vendors.

Widespread adoption of same-day settlement will level the competitive playing field for all financial institutions and allow all account holders to benefit from expedited settlement.

Community Valley Bank in El Centro, Calif., has hired a new chief executive.

NCAL Bancorp in Los Angeles has agreed to a recapitalization that would give it new ownership.

The third quarter is nearly over, and the news from the trenches is bad. Loan demand is weak. Mortgage volatility caught many bankers off guard. And the only way to make a buck is to buy or sell assets, executives said at the recent Barclays Global Financial Services Conference in New York, the American Mortgage Conference in Raleigh, N.C., and elsewhere.

Cortland Bancorp in Ohio is exiting the wholesale-mortgage business.

Old Line Bancshares in Bowie, Md., has raised $12 million through a private placement.

Wells Fargo & Co. (WFC), the largest U.S. home lender, would survive $29.7 billion of loan defaults under a company-run stress test and stay above minimum regulatory capital levels in a severe economic downturn.