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The U.S. mortgage market is of course considerably smaller, safer and less accessible than it was nine years ago.

Affirm's head of new markets, Brad Selby, says hidden fees and onerous compounding interest terms are trapping too many consumers in deep credit card debt.

The U.S. mortgage market is of course considerably smaller, safer and less accessible than it was nine years ago.

While mobile snapshots are becoming a popular way to authenticate consumers, Citrus Pay is turning the idea toward merchants by developing a mobile app that will allow users to create an online store with the snap of a photo.

David Clendaniel, the CEO of Dover Federal Credit Union, a $441-million institution based in Dover, Del., said he will retire in May 2017.

Fannie and Freddie regulator's first report on NPL sales shows more borrowers avoid foreclosures when their loans are sold to investors.

The decision by a federal appeals court to toss out a blockbuster settlement between retailers and the card networks could re-expose some financial institutions to legal liability and threaten their already challenged interchange income.

The $99 million-asset thrift said in a recent press release that Best Hometown Bancorp, a holding company it created, raised $8.3 million as part of an initial public offering tied to its mutual-to-stock conversion. Home Federal also plans to change its name to Best Hometown Bank.

The $685 million-asset Pinnacle Financial in Elberton, Ga., said in a press release Friday that it will pay $32.8 million in cash for the $184 million-asset Independence Bank of Georgia in Braselton.

Many credit unions pay most of their employees above minimum wage already, but could such across-the-board hikes have hidden pitfalls, or do the plusses far outweigh the minuses?