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As the purchase market heats up, banks are looking to utilize digital tools meant to make the daunting homebuying experience easier.

After several years of tussling with mortgage rules and their implementation, the Consumer Financial Protection Bureau is focusing on several areas that will primarily affect the nonbank market, including debt collection, payday-type loans and prepaid cards.

Several small banks are beginning to offer employer-based loans, a payday loan alternative for under-banked consumers.

Bank of the Ozarks' willingness to buy C1 Financial in Florida depended, in part, on CEO Trevor Burgess staying with the company, regulatory filings show. Bank of the Ozarks also insisted that C1 sell $43 million in Brazilian loans before agreeing to a $403 million merger.

MainSource Financial Group in Greensburg, Ind., has named Karen Woods as chief risk officer and corporate counsel.

First Republic Bank in San Francisco has appointed Katherine August-deWilde to the newly created position of vice chair.

The Seattle-based tech giant, in its latest foray into the financial services business, has begun offering installment loans to British consumers.

Technology and applications platform Envestnet | Yodlee has partnered with white-label app provider Magpie on a full-service platform.

Most U.S. states have established student loan forgiveness programs that are often offered to public service employees to help borrowers who have federal aid or don’t qualify for Department of Education programs.

JPMorgan Chase will pay $4 million to settle a U.S. regulator's claims that the company misled private-bank customers about how its brokers were paid.