BancorpSouth in Tupelo, Miss., has been hit with a consent order tied to compliance weaknesses tied to the Bank Secrecy Act and the Patriot Act.

Russia's Sberbank is offering a "cat housewarming delivery service" to new mortgage borrowers in an effort to ditch its staid reputation, writes Austin Kilgore of National Mortgage News.

Wells Fargo Bank plans to lay off 115 call center employees at a facility in Roanoke County, Va. as a result of reductions in delinquencies and foreclosures, according to a spokeswoman.

Kearny Financial in Kearny, N.J., has adopted a plan to convert to a public stock company.

Real estate agents have a lot of advice for mortgage lenders about how to do their job better, according to a new TD Bank survey.

First Niagara Financial Group in Buffalo, N.Y., has consolidated several consumer-banking business lines into one department.

A large shareholder at Valley Community Bank is objecting to the Pleasanton, Calif., company's sale to FNB Bancorp in South San Francisco.

A judge has ruled that the involuntary bankruptcy of FMB Bancshares in Lakeland, Ga., may proceed, a decision that could embolden more trust-preferred creditors to pursue a similar strategy.

BBVA Compass Bancshares in Birmingham, Ala., plans to hire 10 community relations officers to help improve its community reinvestment record.

Goldman Sachs and JPMorgan Chase will face narrower claims in a lawsuit accusing them and 10 other banks of conspiring to limit competition in the credit-default swaps market.

More banks are considering switching to a universal banker model, where selling products and services becomes more important. The transition requires patience, planning and training.

Howard Bancorp in Ellicott City, Md., raised nearly $500,000 in capital after management and directors exercised warrants to buy common stock.

The regional Federal Reserve banks are trying to maintain momentum in their efforts to improve the U.S. payment system.

One reason so many federal thrifts have switched to other charters is that the Qualified Thrift Lender test impedes their commercial lending. However, a top regulator says he wants it eliminated.

Congressional Bancshares in Bethesda, Md., has agreed to buy American Bank Holdings in Bethesda.

The settlement requires Google to change certain billing practices and refund consumers at least $19 million.

A record number of consumers took out loans to buy cars in the second quarter, fueled by people purchasing used vehicles, according to data from Experian Plc.

Intervest Bancshares in New York has officially exited the Troubled Asset Relief Program.

Foreign-born nationals with U.S. citizenship have a lot of positive attributes that make them attractive mortgage applicants. What's even better is that millions are still renters.

Edward J. DeMarco, who worked to shrink Fannie Mae (FNMA) and Freddie Mac (FMCC) as their U.S. overseer after the 2008 financial crisis, started a new job this week: senior fellow at the Milken Institute's Center for Financial Markets.