Consumer banking
Consumer banking
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Median deposits per branch have jumped significantly since 2007 for many banks.
March 1 -
The qualified mortgage rule issued by the Consumer Financial Protection Bureau could be disruptive to the FHA single-family program, so the Department of Housing and Urban Development is starting the process of issuing its own QM rule.
March 1 -
United Community Financial in Youngstown, Ohio, has added an advisor to the company to its board.
March 1 -
United Financial Bancorp in West Springfield, Mass., is closing a pair of Connecticut branches just months after buying them.
March 1 -
Bankers must concentrate on achieving greater efficiencies, stop focusing on short-term goals and strike the right balance between unacceptably poor compliance practices and unattainable perfection.
March 1 -
The banking industry's pace of expansion, which had shown signs of accelerating in late 2012, appears to have lost momentum.
February 28 -
Darrell Green, an initial investor in the bank, enjoyed a Hall of Fame career with the National Football League's Washington Redskins.
February 28 -
Flushing Financial in Lake Success, N.Y. is now a bank. The $4.5 billion-asset company said Thursday that it had also merged Flushing Savings Bank and Flushing Commercial Bank to create a commercial bank chartered in New York.
February 28 -
The 11 state attorneys general who have joined a lawsuit against the Dodd-Frank Act are arguing for their case to be heard despite a request by the government to dismiss the suit.
February 28 -
Lenders are lowering rates and stretching out loan terms to win business, and that combination could spell trouble when interest rates rise.
February 28 -
Bank of American Fork in Utah held a retirement party Wednesday for an executive who has spent 45 years with the bank.
February 28 -
A big gain in servicing fees propelled Ocwen Financial (OCN) in the fourth quarter. Earnings at the Atlanta mortgage servicer rose to $65.1 million, compared with $9.7 million a year earlier.
February 28 -
The deal-hungry Independent Bank Group in Mckinney, Texas, is planning to raise up to $92 million through an initial public offering.
February 28 -
Some of the nation's biggest banks are touting their small business bona fides. Citigroup (NYSE:C) said Thursday the company's lending to small business borrowers rose 21% in 2012 from a year earlier, to $9.6 billion.
February 28 -
The head of Toronto-Dominion Bank (TD) said Thursday that he is not interested in buying Royal Bank of Scotland's U.S. operations.
February 28 -
Some think the Minnesota bank would be hard to sell, but if William Cooper got a deal done, he could make nearly $16 million.
February 28 -
The Senate Banking Committee held another hearing on FHA's capital shortfall Thursday, debating whether to focus on stabilizing the agency's finances or pushing for more substantive changes.
February 28 -
Emigrant Bank in New York has received regulatory approval to sell branches to Apple Bank for Savings.
February 28 -
Making home loans that aren't "qualified mortgages" will soon carry legal risk. Will making only QM loans expose lenders to fair-lending claims under the disparate impact doctrine? Washington must clarify.
February 28 -
Thirteen mortgage servicers will begin compensating more than 4 million borrowers beginning in April as part of the amended consent orders released by regulators on Thursday.
February 28



