Former FHFA Director Mel Watt attempted to coerce an agency employee to engage in a romantic relationship with him, according to an inspector general report.

HomeStreet Bank will attempt to sell its stand-alone mortgage business and portfolio of servicing rights, a move that comes amid growing pressure from an activist investor to exit home lending and concerns about declining demand and regulatory challenges.

From branch management all the way to a spot on a Federal Reserve panel, credit union executives are making big career moves.

Arjuna Capital is filing shareholder proposals with 11 financial and tech companies to uncover median gender pay gaps, which it said would determine if more women are concentrated in lower-paying jobs.

OceanFirst in New Jersey shuttered more than a third of its branches but says nearly all the customers stuck with the bank because it trained employees to show customers how to go digital.

A number of credit unions across the country have made hires and announced promotions, including to their mortgage teams.

Stephanie Sievers, who already has experience running two small credit unions, will take over at the $35 million-asset CU.

In a throwback to the movement's early days, a handful of CEOs are dually employed by their credit unions and the institution's sponsor organization.

The Fed vice chair says regulators need to be on the “cutting edge” at spotting vulnerabilities; firm looks to win over future millionaires.

The CEO earned a 15% pay increase after the company posted record profits.