Wells Fargo & Co., the biggest U.S. home lender, may post higher profits in the U.S. mortgage market as rivals flee from angry homeowners, more powerful regulators and billions of dollars in losses.

BINGHAMTON, N.Y. – Horizons FCU has signed with Manley’s Mighty Mart to offer credit union members access to the convenience chain’s 23 ATMs.

Was the Fed trying to convince itself foreclosure isn’t that bad? Would they roll out the pie charts and PowerPoint presentations to convince the rest of the financial community, Congress and the like, that homeowners don’t have to fear deterioration of lifestyle, maybe just a bit of downsizing?

Sandy Spring Bancorp Inc. in Olney, Md., said Thursday that its net income rose almost 33% from a year earlier, to $11.3 million.

Memphis bank's Jordan discusses how he will balance the two roles starting Jan. 1, distinguishes First Horizon's new debit fees from Bank of America's and sets sights on possible deals.

Simmons First National Corp. in Pine Bluff, Ark., said Thursday that its third-quarter earnings fell 4% from a year earlier, to $7.3 million, due primarily to sharp drop in income from from the sale of student loans.

Taylor reported third-quarter earnings of $7.3 million following three quarters of losses. CEO Mark Hoppe said the company's credit costs are down and all of its growth engines are up and running.

Equifax is expanding the availability of technology it's developed to aid mortgage investors analyzing whole loan portfolios before and after they're purchased.

Silicon Valley Bank said Thursday that it has received a key approval from a Chinese regulator to establish a joint venture bank in Shanghai.

Community banks must be as mindful of operational risk as their larger brethren. That was the message delivered at this year's Risk Management Association annual conference by Rick Parsons, who retired in August as an operational risk executive at Bank of America Corp.

Sales of existing single-family homes fell 3.6% in September after a 9% spike in August, according to new figures released by the National Association of Realtors.

Mortgage rates generally appear to be stabilizing after last week's jump above record lows, according to Freddie Mac's latest survey.

Consumer credit defaults were higher for first and second mortgages in September from the previous month, according to the S&P/Experian consumer credit default indices.

Groups similar to Occupy Wall Street have sprouted up in cities across the country like crab grass in August. Now into their second month of protests, these young Americans are objecting to bank bailouts, foreclosures, millionaires, and even capitalism.

Sen. Richard Shelby and Sen. Bob Corker both sounded skeptical of the value of the traditional mortgage product, raising questions about whether the GOP may seek to eliminate it as part of a housing reform overhaul.

Astoria Financial Corp.'s shares were down sharply at midday Thursday after the Lake Success, N.Y., lender reported a 48% drop in its third-quarter earnings.

The price First Financial paid to acquire Freestar is likely to encourage more prospective sellers.

Brookline Bancorp Inc.'s shares were down almost 6% Thursday morning after the company said it was delaying the release of its third-quarter earnings report.

First Niagara Financial Group Inc. on Thursday reported third-quarter earnings that were weighed down by more than $16 million in costs from closing former Harleysville National Corp. branches in Pennsylvania.

The two largest U.S. banks serving Chinese Americans — Cathay General Bancorp and East West Bancorp Inc. — both reported double-digit jumps in third-quarter profits. Each cited solid demand for commercial loans.