Collection agency Resurgent Capital Services LPA and affiliated debt buyer LVNV Funding LLC will pay $1 million to Maryland regulators and agreed to dismiss several thousand collection cases to resolve alleged violations of federal and state collection laws.

California lawmakers on Monday passed a package of foreclosure prevention bills that will slow foreclosures, impose stricter rules on mortgage servicers and potentially raise the cost of home loans.

More consumers failed to pay down their home equity lines of credit in the first quarter of 2012, according to the American Bankers Association.

Roma Financial (ROMA) in Robbinsville, N.J., announced late Monday that its president and chief executive, Peter Inverso, will step down next year and that its board will form a search committee to find a replacement.

SPOKANE, Wash. – Spokane Teachers CU has broken ground on a new green branch in Moran Prairie, which will be the $1.6-billion credit union’s 16th branch.

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The favorable numbers behind EverBank's purchase of GE Capital's business lending arm are a blessing for investors who participated in the bank's disappointing public offering in May.

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Bank holding companies overcame a lackluster fourth quarter to earn a record $118.4 billion in wealth management income in 2011, according to a new report.

Montgomery County in Maryland is teaming up with five local banks on a new program designed to encourage more bank lending to small businesses.

We won't have another nationwide bubble for 35 years or so. By then, cautionary tales from 2007-09 will seem irrelevant to those with modern skills and advanced risk management capability.

The Federal Trade Commission won a $2.6 million federal court judgment against three defendants behind a scheme that charged consumers high upfront fees and failed to deliver the mortgage modifications they promised.

FDIC loss-sharing deals are significantly down this year as failures get smaller, bidders become more competitive and the economic situation improves.

Though bank deals have risen in Texas because of its robust economy and in California because of abundant capital, small Kansas banks are partnering because they worry about their viability as little guys.

Navy Federal Credit Union in Vienna, Va., has established a commercial loan participation program in which it will buy business loans from other credit unions that are nearing their cap on business lending.

The bank joins the lengthening list of major institutions which have opted to stop fighting the case.

KeyBank engineered a low-dollar consumer lending product that makes money and pleases consumer advocates. The template's there for anyone who cares to look.

Camden National Bank in Maine has agreed to sell a branch in Rockland, Maine, that it is buying from Bank of America (BAC) because of competition concerns raised by the Justice Department.

The thirst for greater clarity about capital spending and valuations is prompting bank buyers and sellers to flock to cash.

QCR Holdings (QCRH) in Moline, Ill., has repaid about a fourth of its money it received from the Treasury Department's Small Business Lending Fund Program as part of its effort to increase its tangible common equity.