U.S. District Judge Thomas M. Durkin denied requests for a new trial made by collection agency/mortgage servicer Residential Credit Solutions after it was ordered to pay $2 million to a woman who fought a foreclosure action brought by the firm.

Financial institutions' growing curiosity about so-called blockchain technology has spawned a new category of technology: blockchain as a service.

Several CEOs hitting the magic age of 63 have chosen to sell their institutions, suggesting a dearth of younger executives waiting in the wings.

Wyndham Hotels and Resorts agreed Wednesday to settle FTC charges that the company’s security practices unfairly exposed the payment card information of hundreds of thousands of consumers to hackers in three separate data breaches.

Bank of the Ozarks in Little Rock, Ark., which has made 15 bank deals since 2010, has raised $110 million in an offering of its common stock.

Cardinal Bankshares in Floyd, Va., has named a new chairman and made additional executive appointments ahead of its merger with Grayson Bankshares in Independence, Va.

Affluent customers deserve special attention, but banks have to think outside of the box to improve loyalty and customer satisfaction with this important customer segment.

Univest Corp. of Pennsylvania in Souderton has agreed to buy Fox Chase Bancorp in Hatboro, Pa., for $244.3 million.

TransUnion predicts that the consumer lending market will have fully recovered by the end of next year from both the mortgage crisis and the recession that concluded more than six years ago.

Washington Federal is the latest bank to partner with a tech company in an effort to streamline online loan applications.

A coalition of consumer groups wants the Consumer Financial Protection Bureau to investigate what it calls T-Mobile’s misleading advertisements and abusive debt collection practices.

Eagle Bancorp in Bethesda, Md., has added equipment leasing to its lineup of commercial banking products.

Enterprise Financial Services in Clayton, Mo., has reached an agreement to end loss-share agreements tied to the four failed banks it acquired during the financial crisis.

Bankers appear set to get their long-awaited rate rise, but the top executives of the biggest banks still have lukewarm expectations for the coming year, according to forecasts laid out by the top brass from JPMorgan, Wells Fargo, PNC and others.

The Consumer Financial Protection Bureau's Calvin Hagins warned mortgage lenders about the regulatory agency's four exam priorities for next year: loan-officer compensation, steps taken to ensure borrowers' ability to repay, compliance with "Know Before You Owe" consumer disclosures, and marketing services agreements.

Debt buyer PRA Group announced that Brad Embree was named to the 2015 Virginia Legal Elite, an annual list of top lawyers in Virginia as voted on by peers.

Small-business owners' optimism about the economy is dwindling, which casts a dark cloud over banks' lending efforts, according to a new survey conducted by Wells Fargo and Gallup.

Why a small bank like First Mid-Illinois ignored the conventional wisdom — 'Commercial banks buy property/casualty firms.' 'Private-equity will outbid you.' 'Leave the innovation to the big guys.' — and bought a retail health-insurance agency.

TransUnion Healthcare announced that its eScan healthcare service has identified more than $1 billion in insurance payments and helped hospitals recover more than $500 million in payments for unpaid medical services in the last three years.

Two recent Justice Department settlements, one with a large nonbank mortgage lender and the other with a small one, speak volumes about how much Federal Housing Administration lending has changed.