Regulators are widely expected Wednesday to unveil far less stringent standards than an earlier proposal for the "qualified residential mortgages" that are exempt from new risk-retention requirements for securitized loans.

An executive at Calvert Financial in Ashland, Mo., has admitted to using funds from the Troubled Asset Relief Program to buy a luxury condominium.

Law firm Ballard Spahr is preparing for an increase in consumer lawsuits in New York prompted by new state and federal regulations.

The Federal Housing Finance Agency is seeking at least $6 billion from JPMorgan Chase (JPM) to settle civil claims the bank sold bad mortgage bonds to government-backed finance companies Fannie Mae and Freddie Mac.

Three of the four largest mortgage servicers failed to meet Fannie Mae's minimum servicing requirements in the first half of 2013, according to a Fannie report released Tuesday.

The Consumer Financial Protection Bureau is expected to issue subpoenas to mortgage servicers to find out if borrowers in foreclosure are being overcharged by third-party vendors or paying for services that were not actually delivered.

Banesco USA in Coral Gables, Fla., has named an interim president and chief executive to replace Rafael Saldaña, who left Friday.

The Immigration Bridge Loan Fund aims to help skilled immigrants who are unable to practice the jobs they held in their home countries without additional training in the U.S., the bank said Tuesday.

Bank of America must face a trial next month in a lawsuit alleging the bank's Countrywide unit defrauded Fannie Mae and Freddie Mac by selling them billions of dollars in bad mortgages, a federal judge ruled.

Independence Federal Savings Bank (IFSB) in Washington, D.C., is taking a second shot at buying Colombo Bancshares in Rockville, Md., three years after the companies called off plans to merge.

Small-business credit conditions continued to improve in the second quarter, thanks to gains in personal income, retail sales and employment, according to a Experian/Moody's Analytics Small Business Credit Index report released on Tuesday.

Why a community bank has committed $500,000 to fledgling tech companies and plans to do more.

Community banks brace for limited selection, but embrace one-stop shopping, as consolidation takes place among IT firms.

The complexion of bank M&A has changed, say investment bankers at St. Charles Capital in Denver: buyers and sellers are healthier, both sides are closer together on valuations and more buyers are approaching targets directly in lieu of bidding wars.

History tells us that post-crisis reforms should increase confidence, but still allow regulated entities to innovate and prosper, all in support of a stronger economy.

Bank of Nova Scotia and Bank of Montreal, Canada's first two lenders to report third-quarter results, beat analysts' estimates after posting profit fueled by record results in Canadian banking.

Webster Financial in Waterbury, Conn., has promoted one of its executives to run its personal bank operations.

Former JPMorgan Chase & Co. trader Javier Martin-Artajo was arrested in Madrid, almost two weeks after U.S. prosecutors charged him with trying to hide trading losses that cost the bank more than $6.2 billion last year.

Suburban Chicago business owner Daniel Dvorkin had just been ordered to pay more than $8 million to a debt collector last year when he took a lucrative but deadly proposition to a gun shop owner he knew, according to prosecutors.

The Federal Reserve appeal of a judge's decision invalidating its interchange fee cap forestalls the prospect of a substantial cut in bank’s debit card revenue.