WASHINGTON — Consumer Financial Protection Bureau Director Richard Cordray said Wednesday that a bill to clarify protections for privileged information provided to the bureau could become law by the end of May.

The largest banks are charging relatively high interest rates to borrowers that qualify for a government refinance program, according to analysts, who say that the trend bodes well for mortgage profits in the second quarter.

MasterCard will offer a new tool to help merchants mitigate the risk of fraud in online transactions.

Bank of America Corp. (BAC), the best performer on the Dow Jones Industrial Average this year, is still not yet fairly valued, said Chief Executive Officer Brian T. Moynihan.

The New York banking giant has recently held its April annual meetings in Manhattan. But to celebrate its 200th anniversary this year, CEO Vikram Pandit is heading to Dallas to tell investors why he still can't raise their dividend.

Despite all of the new powers at their disposal, regulators continue to emphasize simplified and standardized disclosure as a critical tool to ensure consumers get a fair deal.

Mackinac Financial (MFNC) in Manistique, Mich., will raise up to $18 million through a common stock rights offering and a securities purchase agreement with an investor.

Green Bancorp in Houston is bulking up in the Dallas area with a deal to buy Opportunity Bancshares in Richardson, Texas.

A down market and Dodd-Frank regulations have thinned the ranks of property appraisers. That's left bankers hard pressed to prevent delays underwriting property.

A decline in the foreclosure inventory and fewer new foreclosures initiated signal that servicers may be scaling back dual tracking processes, the OCC's lead mortgage expert said Wednesday.

Three years after shutting down its indirect automobile lending unit because it lacked scale, First Niagara Financial Group (FNFG) in Buffalo is jumping back into the business in a big way.

Kevin Knight, the master of Nordstrom's cobranded Visa credit and debit card rewards program, joins Visa as the company's head of credit and debit products, Visa announced March 28.

Why does Harp 2.0 continue the incrementalism that marred the first incarnation of the refi program and many of the housing policies the president has put forth?

Continuing its expansion in the suburbs of Washington, D.C., Eagle Bancorp (EGBN) in Bethesda, Md., has opened a pair of residential loan offices in Maryland and Virginia.

In its quest to rise above the fray in alternative payments, Obopay has identified another financial-services niche ripe for modernization: business-to-consumer payments.

It is hard to deny Richard Cordray's hiring to run the Consumer Financial Protection Bureau nearly four months ago is a flash point in continuing debates over regulatory appointments and implementing the Dodd-Frank Act.

The bank's plan to convert troubled loans to rentals will benefit all concerned. A special unit for servicing toxic assets can help, if run wisely. Principal reductions could seriously backfire.

PARAMUS, N.J. – Greater Alliance FCU opened Bergen County’s first student-run credit union branch at Paramus High School last week.

WASHINGTON — A House panel on Tuesday approved a bipartisan bill aimed at shoring up the finances of the Federal Housing Administration.

A need for more re-appraisals, combined with an exodus of appraisers following the financial crisis, are causing headaches for bankers. Those factors are costing banks more money and, in some cases, potential clients.