The $320 million-asset parent of Home Federal Savings and Loan said Thursday it would likely be required to record a charge of roughly $972,000 following the company's discovery of baseless loans.

The Consumer Financial Protection Bureau said Thursday it has issued warning letters to six specialty reporting agencies for making it too difficult for consumers to find their free annual reports.

A watchdog group that monitors accuracy in advertising has ruled that Bank of America's claims about cash rewards available to some of its credit card customers are unclear.

A California startup has created a Facebook application that can quickly calculate the cost of a mortgage and then directs customers to an online loan application.

Volatility among investment banks presents some great hiring opportunities for their rivals, says Daryle DiLascia, who recently joined Sterne, Agee & Leach from KBW to work on bank M&A.

It would appear that a bank could not negotiate a loan on more favorable terms than the deal I was looking at. Yet, something did not make sense.

The $1.3 trillion-asset company said this week that its directors have elected Howard "Rick" Richardson to the board effective Jan. 1.

The president and chief executive of Talbot Bank of Easton, Md., will step down at yearend and an insider will take over.

The owner of a now defunct Missouri auto body shop has pleaded guilty in federal court to bank fraud charges.

Walgreens has transformed a historic Chicago building that housed two failed banks into a glamorous drugstore.

LANSING, Mich. – CASE CU said it is vacating four in-store Meijer branches at year-end after the credit union was defeated for the contract by Huntington Bank.

U.S. home-price gains this year weren't large enough to justify an increase in the maximum size of loans that Fannie Mae and Freddie Mac will purchase in 2013, the companies' regulator said today.

Consumer-focused regulations, in general, should reflect what financial products actually do, not the technicalities of who issues them or what legal status they hold.

Lawsuits by the Federal Housing Finance Agency that charge Bank of America (BAC), Citigroup (NYSE: C), HSBC and Credit Suisse (CS) with wrongdoing in the sale of securities backed by residential mortgages may advance, a federal judge in Manhattan ruled Wednesday.

The Consumer Financial Protection Bureau issued a bulletin Thursday raising concerns that specialty consumer reporting agencies are not easily releasing free information to consumers.

Former Fannie Mae chief executive Michael Williams has been appointed to chair the board of directors of Prospect Mortgage LLC.

Bigger banks are farming out broker-dealer services, as regulatory compliance costs rise.

Dan Rollins has a reputation for cost-cutting, but he swears he is not arriving to the CEO suite at BancorpSouth with "preconceived ideas."

Northeast Bancorp in Lewiston, Maine, has repurchased the roughly 4,200 preferred shares it issued to the Treasury Department under the Troubled Asset Relief Program.

The bureau could offer an X Prize, encouraging companies to solve problems through competition or invite applications from entrepreneurs and financial companies, providing those with the most promising ideas a time-limited waiver for pilot tests.