PVF Capital Corp. in Solon, Ohio, reported a loss of $2.6 million for its fiscal fourth quarter, a slight improvement from a year earlier.

Under orders from its regulators to boost a key capital ratio, Pacific Mercantile Bancorp in Costa Mesa, Calif., announced that it has already raised $11.2 million of fresh capital and has a deal in place to raise $27.3 million more.

First BanCorp in San Juan, Puerto Rico, has $525 million of capital committed. Now it needs its shareholders to show up and vote for a key part of its recapitalization plan.

Texas Capital Bancshares Inc. in Dallas has lost the first round in a legal battle over a loan it made to an Oklahoma automobile dealer that soured.

Regulators have hit Woodbury Banking Co. with a consent order for weaknesses in the company's asset quality, capital, earnings and management.

A new Federal Reserve Board report refutes the claim by some that the Community Reinvestment Act and affordable housing goals of Fannie Mae and Freddie Mac caused the mortgage crisis.

Old National Bancorp in Evansville, Ind., announced Friday that it is shuttering nine of the 52 branches it inherited when it took over the failed Integra Bank and will move the accounts to nearby offices.

Nearly two years after HUD revamped mortgage disclosure rules, many lenders rely on manual processes — if any — and end up having to pay the difference between underestimated and actual closing costs.

Opportunistic community banks in south Florida have seen a dramatic increase in new customers because of a contraction of banks caused by failures and mergers.

In the Washington Post last week, housing columnist Kenneth Harney took an interesting look at mortgage loans guaranteed by the Department of Veterans Affairs.

Two more community banks have exited the Treasury Department's Troubled Asset Relief Program with loans they received from another government fund designed to encourage small-business lending.

Even though consumers increasingly trust nonbanks such as Google and Facebook with their personal information, they trust credit card providers more.

A small Silicon Valley bank that lends primarily to technology startups has opened a lending office in incubator space in Boston.

A roughly 7 basis point increase in 30-year mortgage rates and gains in bond yields from recent record lows could dampen refinancing applications a bit unless they motivate a significant group of fence-sitting borrowers to act.

The Mortgage Bankers Association is being inundated by member complaints about the Federal Housing Administration's policy decision to extend the forbearance period for unemployed homeowners to 12 months.

Merchants frustrated with the complexities of their monthly credit card transaction statements ought to consider having an analyst review them to avoid overcharges, a payments processor executive says.

Freddie Mac purchased $21.7 billion of mortgages from its seller/servicers in July, its worst acquisition month of the year and only about half of what it bought in January.

Warren Buffett's $5 billion public vote of confidence in Bank of America, happily for him, does not require actual confidence.

Sales of homes that were in some stage of foreclosure or repossessed accounted for 31% of home sales in the second quarter, a slight decline from the first quarter, according to figures released Thursday by RealtyTrac Inc.

PSM Holdings Inc. of Roswell, N.M., has agreed to buy Iowa Mortgage Professionals Inc., a lender and brokerage based in Des Moines.