The largest state organization of real estate professionals in the country has urged the mortgage community to improve the short-sale process, suggesting, among other things that they set realistic time frames in which to make their decisions and then stick to them.

Capital One Financial Corp. is the latest bank to roll out yet another rewards card for affluent customers this summer, but its version has some unusual strings attached.

Charles Taylor, the OCC's new deputy head of capital policy, comes from the Pew Project on Financial Reform, which has pushed for interventionist regulation of the sort the agency usually opposes.

The debit card likely will not go the way of the paper check, its role is rapidly transforming, and its days as a single-purpose product are looking increasingly numbered.

Home prices retreated 5.9% in the second quarter from a year earlier, the biggest drop since 2009, as foreclosures added to inventories.

Canada has shut the door on attempts by the country's chartered banks to enter the auto leasing business, says the association representing car dealers.

Ag banks and superregionals will be on the rise, many community banks and branches will have disappeared, and three mini-financial crises will have occurred, a roundtable of experts said when asked to predict banking in 2036.

The industry's criticism of the agency does not apply when it comes to nonbank supervision.

Small banks continued to withdraw credit from small businesses in the second quarter, but data indicates that large banks opened up the spigot on small business credit cards.

Prepaid company NetSpend, which has struggled to grow since its successful IPO last year, is being increasingly talked about as an acquisition target.

It seems everyone in community banking knows the model needs to evolve, but few have any great ideas on how to do it. One thing does seem certain: standing still is not an option.

City Holding Co. in Charleston, W.Va., said Tuesday that it has agreed to pay $3 million to settle a class-action suit in which depositors accused the $2.7 billion-asset company of improperly assessing overdraft fees.

First BanCorp's bid to raise more than $560 million of fresh capital hit a snag this week after the San Juan, P.R., company failed to obtain enough shareholder votes to proceed with its plan to issue 150 million of new shares.

Fifth Third is offering a payment card that lets users pay from either a credit or debit account.

Continuing its aggressive expansion in the Southeast, Renasant Corp. in Tupelo, Miss., has set up shop Tuscaloosa, Ala., and brought in two former BB&T Corp. to build up its customer base there.

LONG ISLAND CITY, N.Y. – United Nations FCU reported its headquarters has received the U.S. Green Building Council’s (USGBC) Leadership in Energy and Environmental Design program Silver certification for its energy-saving, eco-friendly programs.

"What fresh hell is this?" to quote the sharp-witted Dorothy Parker. American banking has coped with unprecedented troubles in the last couple of years and now face an interesting new twist — negative interest rates. The notion may disturb our very capitalistic core, but there is no need for panic...yet.

With at least 30 banks in the Chicago area on the brink of failure, a crew of ex-LaSalle bankers have formed Front Street to start shopping on their old turf.

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San Francisco's city attorney said Bank of America Corp. agreed to a $5 million settlement of a suit over its use of the National Arbitration Forum to handle credit card disputes.