JPMorgan Chase (JPM) is selling off a chunk of its mortgage servicing operation to a Dallas company that specializes in servicing distressed debt.

First Security Group (FSGI) in Chattanooga, Tenn., is poised to raise $90 million from institutional investors.

After a four-year hiatus from M&A, Glacier Bancorp has agreed to buy a Wyoming bank and wants to do several more deals.

The Federal Housing Finance Agency hasn't explained why it stopped Fannie Mae from slashing its hazard insurance costs by hundreds of millions of dollars. The regulator's decision certainly benefits major banks, however, leading critics to cry foul.

Sabal Palm Bank in Sarasota, Fla., has tapped a local banker to become its leader after completing a community stock offering.

Delinquencies on U.S. automobile loans by banks increased in the fourth quarter of last year but remained low by historical standards, according to a new report.

House Financial Services Chairman Jeb Hensarling continued criticism of the Dodd-Frank law and the CFPB during remarks at a credit union conference on Tuesday.

Cost consciousness appears to have an echo in the way banks are configuring their branch networks: the typical office holds more deposits than it used to.

Bond Street Holdings has agreed to pay a premium of nearly 50% for the struggling Atlantic Coast, the companies announced Tuesday. Atlantic Coast announced it was exploring the possibility of a merger more than a year ago.

JPMorgan Chase & Co. (JPM), plans to reduce headcount by as much as 19,000 people in its mortgage and community banking businesses by the end of next year.

Fannie Mae and Freddie Mac have now become the gatekeepers for underwriting qualified mortgages. This guidance might be a safe harbor from litigation, but history indicates it may fail as a safe harbor from risky lending.

Market Rates Insight recently evaluated deposit pricing in the nation's five largest metropolitan markets. Here is a quick look at how competitive banks are for liquidity in the most populous U.S. cities.

Glacier Bancorp (GBCI) in Kalispell, Mont., has reached an agreement to buy Wheatland Bankshares Wheatland, Wyo.

The FHFA abruptly killed a Fannie Mae plan earlier this month that promised to save the GSE hundreds of millions of dollars in force-placed insurance premiums. Critics see industry pressure as the culprit.

HOOVER, Ala. – Alabama Telco CU sold its former headquarters building here to Northwestern Mutual Life for $2.1 million.

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FirstMerit (FMER) in Akron, Ohio, has named a president of its Michigan operations as it prepares to enter the state.

Citigroup (NYSE:C), the third-largest U.S. bank, named Peter Orszag chairman of its expanded financial strategy and solutions group while selecting Ajay Khorana and Elinor Hoover to co-lead the unit.

Too-big-too-fail worries in the U.S. make the full sale of Royal Bank of Scotland's Citizens Financial Group in Providence, R.I., highly unlikely, despite speculation about potential buyers.