The Latest

If Congress fails to extend the Mortgage Debt Forgiveness Relief Act, thousands of homeowners still suffering from the effects of the housing crisis could be forced to pay federal income tax on loan modifications or foreclosures.

First Mariner Bank in Baltimore has been released from a six-year-old enforcement action, after the bank filed for bankruptcy last year and was acquired by a group of Baltimore investors.

Only two weeks after launching its SEQR mobile payment app in the U.S., Seamless is bringing the wallet service to the U.K.

In Washington Heights, a small startup has found a new opportunity by building a business to business platform to serve the numerous storefront remittance providers in the largely Latin American neighborhood in Upper Manhattan.

ITT Educational Services, under fire for more than a year from the Consumer Financial Protection Bureau, responded Thursday to comments from a former bureau official.

Citigroup said Jonathan Larsen will add oversight of U.S. consumer banking and mortgages to his role as global head of retail banking, the first major management changes announced under new consumer chief Stephen Bird.

TransUnion said on Thursday that its initial public offering was priced at $22.50 per share, meaning the company is valued at an estimated $4 billion.

The ride scheduling service Uber and PayPal have added nine markets to their integration, upping the total to 19.

In a huge win for housing advocates and a setback for the banking industry, the Supreme Court on Thursday upheld the use of "disparate impact" in a Texas case alleging housing-related discrimination.

If approved, Core Commercial Bank would be just the third new bank to open in the U.S. since the financial crisis.