The president has assembled a new group of state and federal law enforcers to right mortgage wrongs, but observers doubt it will leave much of a mark.

MountainOne Financial Partners in North Adams, Mass., is merging two of its thrifts under one charter in an effort to become more efficient.

Lender Processing Services has filed a motion to dismiss charges made by Nevada Attorney General Catherine Cortez Masto against the company and two subsidiaries for fraudulent business practices.

First Mariner Bancorp Inc. in Baltimore said that its fourth-quarter loss narrowed slightly from a year earlier.

Sun Bancorp Inc. in Vineland, N.J., narrowed the size of its loss in the fourth quarter after moving more nonperforming assets off its books.

Toronto-Dominion Bank, Canada's second-largest lender, may expand wealth-management operations in the U.S. as it seeks a broader market for mutual funds and investment advice.

COLONIE, N.Y. – CapCom FCU has filed an application with town officials to build a new four-story headquarters.

IMGCAP(1)]

MasterCard is pushing merchants to upgrade their checkout systems to handle credit and debit cards that store information inside an embedded chip.

Merchants are adamant that any initiative in the United States for accepting chip cards backed by the EMV security standard establish the chip-and-PIN method — instead of the chip-and-signature option that Visa supports.

NBC Bancshares LLC in Lincoln, Neb., has completed its purchase of a controlling interest in a unit of Capitol Bancorp Ltd.

Citigroup came under political fire Monday for reporting frequent flier miles as taxable income in certain circumstances. But Sen. Sherrod Brown, who blasted Citi, had to back away from the criticism after the IRS came to the aid of the banking company.

To absorb a large warehouse operation would require purchasing the whole bank, not just the warehouse business.

I recently recounted a personal story to a bank's management team that I've shared frequently over the years. I tell it to drive home the point about the importance of eliminating "clutter" that accumulates in our organizations over time. As the group laughed, I assured them that, sadly, this was a true story.

Regulators have terminated two cease-and-desist orders against a small Los Angeles commercial bank after a recapitalization effort and a management shakeup.

The Consumer Financial Protection Bureau released its first semi-annual report to Congress on Monday, outlining the steps it has taken to get the bureau off the ground in its first six months.

CenterState Banks Inc. posted its first quarterly profit since mid-2011 because of bank acquisitions.

Republic Bancorp and the FDIC seemed to have put last year's legal tussle to rest after reaching an agreement to transfer ownership of Tennessee Commerce Bank.

Banks are pulling a page out of the past and expanding personal installment lending — in part to avoid the regulatory burdens in other markets.

The Minneapolis bank said Monday it has a deal to buy UMB's corporate trust business in Indiana. The move jibes with CEO Richard Davis' interest in niche acquisitions.