Rising home prices have emboldened some lenders to search for remaining underwater borrowers who have not refinanced. Wishful thinking? Maybe, but with home purchases scare, lenders have few other options.

The U.S. Post Office should get into banking. With that assertion, agency Inspector General David Williams created quite a stir a few months ago. Behind the proposal are dueling postal officials with very different policy positions and agendas. Plus a murmur of momentum on Capitol Hill. American Banker reporter Kevin Wack explains.

Golden Pacific Bancorp and financial technology firm Better Finance have teamed up to create an online lending program that is designed to sharply reduce the time it takes to approve and process an SBA loan.

David Williams, the U.S. Postal Service's inspector general, defends a proposal — that the Postal Service should get into banking — that has come under fire from many in the financial industry.

The $3 billion-asset said in a press release Thursday that Matthew Lindenbaum, principal of Basswood Capital Management, had become a director.

JPMorgan Chase (JPM) has named John Simmons, 43, its head of middle-market commercial banking.

Credit Karma settled Federal Trade Commission charges that it misrepresented the security of its mobile app and thus failed to secure the transmission of millions of consumers’ sensitive personal information.

WASHINGTON — Senate Banking Committee leaders said Friday they would hold a panel vote on April 29 to reform the housing finance system.

The Tennessee-based payday lending operation is accused of spamming thousands of people with unwanted text messages.

M&A has been marked by the pursuit of earning assets in recent years, but banks that have cracked the organic loan growth code are looking to buy deposit-heavy banks before interest rates rise.

MyECheck, a payment technology developer, has licensed its mobile payment system to three companies.

Cowboy State Bank in Ranchester, Wyo., has been freed from a written agreement with the Federal Reserve Board.

Profiling is good. Understanding customer needs is good. Proactively recommending products and services is good. But the timing you apply to those things matters.

Credit counseling agency GreenPath Inc., a non-profit firm also doing business as GreenPath Debt Solutions, has acquired Consumer Credit Counseling Service (CCCS) of Greater San Antonio.

Bank of America should win dismissal of a Justice Department lawsuit accusing it of misleading investors about the quality of loans tied to $850 million in mortgage-backed securities, a judge said.

Wal-Mart Stores has sued Visa for allegedly conspiring with banks to fix transaction fees, the latest salvo of a multiyear legal fight between retailers and card issuers.

Top financial executives met Thursday to discuss how their industry can innovate, but most of the discussion focused on a more defensive topic: what banks and the government need to do to stave off mounting cybersecurity threats.

A former loan officer at Colorado East Bank & Trust in Lamar, Colo., has admitted to his role in a $1.2 million fraud scheme.

Los Angeles banker Maria Contreras-Sweet has been confirmed as the new head of the U.S. Small Business Administration.

FirstBank in Lexington, Tenn., is expanding its operations in Alabama by opening a Huntsville branch.