The second-largest provider of U.S. mortgages through brokers is bringing back a debt type that's almost disappeared since the financial crisis: Interest-only loans.

Flagstar Bancorp in Troy, Mich., has hired industry veteran Leonard Israel to lead its mortgage division.

The big bank has taken heat from social conservatives about its TV advertisement featuring a same-sex couple adopting a child, but Wells executives say the ad is part of a larger campaign that embraces the many demographic groups in its customer base.

Fannie Mae will no longer charge mortgage lenders to submit loans to its Desktop Underwriter automated underwriting system, a decision that follows a similar move by Freddie Mac earlier this month.

Glen Burnie Bancorp in Maryland has hired an executive from Patapsco Bank to be its new chief financial officer.

ChoiceOne Financial Services in Sparta, Mich., has tapped a new president as it splits the role from chief executive.

HSBC has named a JPMorgan Chase executive the head of its retail banking and wealth management divisions in the U.S., as the British company overhauls its global business.

Companies offering loan assistance and credit improvement services, and their owner, agreed Monday to settle charges brought by regulators in Maryland.

Congress should avoid becoming so focused on the problems with big banks that they overlook the community lenders suffering from a lack of regulatory relief.

The powerful Consumer Financial Protection Bureau is helping to reshape mortgage and payday lending, but its attempts to curb abuses in auto lending have been largely stymied by the clout of car dealers and the fragmented nature of auto finance.

WASHINGTON — A House Financial Services subcommittee will hold a hearing Thursday on employee allegations of discrimination and retaliation at the Consumer Financial Protection Bureau.

PBB Bancorp in Los Angeles has agreed to buy First Mountain Bank in Big Bear Lake, Calif., for about $13.4 million in cash and stock.

The Consumer Financial Protection Bureau released letters Monday asking major search engines Google, Yahoo and Bing to work with state and federal regulators to crack down on scammers targeting student loan debtors.

Shares in Green Dot surged more than 30% late Monday after the firm announced the five-year renewal of a prepaid card contract with Walmart, as well as new plans for a share-buyback program.

The Dodd-Frank Act called on regulators to develop ways to assess diversity practices in the financial sector, but the guidelines are getting panned by critics who say they do not go far enough.

Glacier Bancorp in Kalispell, Mont., has named a CIT Bank executive as the likely successor to Chief Executive Mick Blodnick.

Live Oak Bancshares in Wilmington, N.C., has filed registration documents for an initial public offering, with plans to raise up to $86.3 million.

ACNB in Gettysburg, Pa., has promoted James Helt to president of its bank unit.

A House Financial Services subcommittee will hold a hearing Thursday on employee allegations of discrimination and retaliation at the Consumer Financial Protection Bureau.

Community banks get almost half of their service charges from overdraft fees. That could become problematic as regulators continue to look into the issue.