Much more can be done with proven strategies like short sales, home leaseback programs and refinancing for underwater borrowers.

The first surprise was learning that billionaire Facebook founder Mark Zuckerberg even has a mortgage. The second was finding out that he pays an interest rate of just 1.05%.

Fueled by strong loan growth, Comerica (CMA) in Dallas reported earnings of $142 million in the second quarter, up roughly 49% from the same period a year earlier.

Many of the biggest banks have hiked their checking account fees in recent months. But others have held steady, and some have even changed their minds and lowered prices. Click through for examples.

The regulator's recent report highlights supposedly high-priority concerns about small banks without mentioning the size, concentration and real risks of the megabanks.

In the United States, outlining a different narrative about what happened in the financial crisis opens one to political attack.

The credit card industry's proposed deal to settle long-pending retailer lawsuits set insiders chattering, divided over how much each side won and lost in the deal.

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A group of investors led by Yahoo co-founder Jerry Yang has agreed to invest $4.8 million in a Redwood City, Calif., payments network that lets use retailers' gift cards to buy goods and services from other merchants.

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Westamerica (WABC) in San Rafael, Calif., reported that its second-quarter earnings fell slightly after loans and fee income declined.

The central bank has brought back a process scrapped in the late 1990s, where it will review preliminary merger plans of untested buyers pursuing unusual deals.

Out-of-work Ohio residents whose unemployment payments are loaded onto prepaid cards will no longer be able to use their cards when their balances fall below zero.

Directors and officers liability coverage is an unpopular topic of conversation at board meetings. But directors who shirk their responsibilities in this area may one day find their claims denied.

Citigroup's second-quarter income fell but was untainted by the scandals surrounding big rivals.

Card fees and anti-Wall Street rhetoric are playing big roles in Democratic Sen. Jon Tester's tight reelection battle with Republican Rep. Denny Rehberg.

A pair of Orrstown Financial Services (ORRF) executives quit just two months after the Shippensburg, Pa., company's chief financial officer resigned.

Why would a bank issue prepaid debit cards to its customers? It's an inferior product for consumers and banks alike. Issue prepaid credit cards instead, with four times the interchange.

St. Helen's Community FCU hired a new CEO who immediately urged the board to terminate a merger agreement with nearby Wauna FCU, which would have created a $300 million credit union.

A deal that last week was heralded as reordering the credit card business is receiving pushback from merchants who say it doesn’t go far enough.