Next year will be mixed bag for automobile lenders, with both delinquency rates and loan balances expected to rise, according to a forecast released Monday by the credit bureau TransUnion.

A new report from the American Bankers Association finds that today's card holders have significantly higher credit scores than card holders had several years ago and are substantially more likely to pay off their full balances each month.

Actions jointly announced against California-based CashCall signal the Consumer Financial Protection Bureau's intent to target online lending based on claims originating in states.

The docket at the U.S Second Circuit Court of Appeals quickly attracted appeals to Judge John Gleeson's Dec. 13 ruling to approve the class-action swipe-fee settlement on an antitrust case that has lingered in his court for nearly nine years.

Early in the year Hanmi Financial in Los Angeles was poised to put itself up for sale. But its deal to buy a Texas bank with operations in six states could rearm Hanmi in its fight with BBCN Bancorp and Wilshire Bancorp to be the top Korean-American bank.

The Federal Housing Finance Agency is requesting public comment on a plan to gradually reduce the maximum size of loans that Fannie Mae and Freddie Mac can purchase from mortgage lenders.

Nearly one in four Federal Housing Administration loans would go belly up in the next five years if another recession hit the U.S., a new study has found.

With payday loans in regulators' cross hairs, banks are looking to check cashing as a way to bring in new customers and boost fee income.

New York State's crackdown on online lenders has ensnared a Chicago company that makes loans backed by a borrower's car.

Urban Partnership Bank in Chicago is selling a branch, has launched an online banking platform and has made an unusual offer to customers.

Fiserv was supposed to post a note on the website of an N.C. bank that BNC recently bought that redirected the acquisition's customers to BNC's site. Unfortunately, the note appeared on the wrong website -- that of a nearby rival.

Sierra Bancorp (BSRR) in Porterville, Calif., has tapped Kevin McPhaill to be its president and chief executive-in-waiting.

The Consumer Financial Protection Bureau and four state attorneys general on Monday announced a series of lawsuits against CashCall Inc., a California-based online loan servicer accused of usury and deceptive collection practices through its affiliation with the online lender Western Sky.

The Federal Trade Commission is taking action to stop a mobile phone cramming operation that has placed tens of millions of dollars on consumers’ mobile phone bills without their permission.

Zions Bancorp (ZION) said the Volcker Rule will force it to take a $387 million charge on its portfolio of collateralized debt obligations.

McWhinney, the head of Citigroup's enterprise payments division, is leaving the bank at the end of January to serve as an independent director for a Fortune 250 company, which she did not name. She said she hopes her move will encourage more women to serve on the boards of public companies.

Victory Bancorp in Limerick, Pa., and Huntingdon Valley in Warminster have agreed to a merger of equals.

Malvern Bancorp (MLVF) in Paoli, Pa., took an $18.8 million loss in the quarter that ended Sept. 30 after selling a batch of bad loans for a loss.

Colorado regulators resolved a case in which more than 600 state residents were financially harmed by a Texas-based debt settlement company operating illegally in Colorado.

If the banks do not want to divest from these fringe consumer finance companies, the OCC should make them do so. Their reputations are at risk.