Fitch Ratings has lowered its outlook on Trustmark Corporation (TRMK) from "stable" to "negative" following Jackson, Miss., company's announcement Tuesday that it is acquiring BancTrust Financial (BTFG) of Mobile, Ala.

More than a quarter of all national residential sales in the first quarter were either a short sale or bank-owned property, according to RealtyTrac.

The Community Mortgage Lenders of America wants the two government-sponsored enterprises preserved in their current form.

After operating exclusively in Massachusetts for more than a century, United Financial Bancorp (UBNK) in West Springfield is making the leap across the state line.

The CFPB plans to make lenders responsible for disclosures and document integrity, even for services they farm out to third parties, such as appraisals, income verification and collections. Compliance vendors smell cash in the water.

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The election inspector determined that the nominee for Stilwell Group was delinquent in turning in a signed master ballot, invalidating most of the firm's votes as it challenged the Renton, Wash., company.

American Banker's metro Washington reporters found themselves working above a crime scene on Wednesday, after a PNC bank branch in the same building was robbed.

What would happen if you took the creativity and user-focused design sensibility of Silicon Valley and applied it to one of the least consumer-friendly industries on the planet — financial services? What is the Apple of budgeting? The Facebook of lending? The Google of bill payment?

SCRANTON, Penn. -- Cross Valley FCU opened a new branch this week and will open another in June.

PHILADELPHIA – American Heritage FCU opened its newest branch inside the ShopRite in Philadelphia.

Bank of America (BAC) announced Wednesday that it has hired more than 85 small-business bankers on the West Coast as part of its previously announced plan to add roughly 1,000 bankers nationwide by the middle of this year.

Five states accounted for nearly half the total of foreclosures that occurred over the past year through April 2012, CoreLogic's national foreclosure report revealed.

Alliance Data Systems (ADS) said Wednesday that it has renewed a long-term agreement to provide private-label credit cards for retailer Gardner-White Furniture.

Three years after a group of private equity firms bought BankUnited out of receivership, industry observers wonder if the deal really paved the way for other firms interested in consolidating banks.

Mutual banks and thrifts in Massachusetts have dodged a bullet — at least for now — on a proposed state law that would have subjected them to new standards on executive compensation.

Fair Debt Collection Practices Act (FDCPA) lawsuits filed this year through May 15 totaled 4,102, down 4.6% from last year's pace of 4,299, according to WebRecon LLC, a Grand Rapids, Mich.-based firm that tracks the data from U.S. District courts.

The American Bankers Association joined trade groups in every state Wednesday to urge passage of a bill easing fee disclosure rules at automated tellers.

NEW YORK — Visa reported sluggish U.S. card spending in April and May as new regulations eat into its market share.

Citigroup (NYSE:C) is growing its wealth management business with plans to hire 300 brokers and personal bankers over the next two years.