The Federal Housing Administration commissioner faced a barrage of questions from lawmakers on the agency's fiscal health and downplayed fears that it will need a Treasury bailout.

Scott Bauer was the North Carolina company's CEO from its creation to its sale last fall to Capital Bank Financial.

CEO John Kanas is letting rivals know in advance that he's coming to New York — and that he's targeting their employees.

Growth is hard to come by in the credit card business, but major lenders are sticking with a smaller pool of customers with higher credit scores.

CoBank in Denver is giving $5 million to fund agricultural research and education at land grant universities nationwide.

Huntington Bancshares (HBAN) plans to upgrade hundreds of its automated teller machines to add image-capture technology, and will roll out mobile deposit later this year.

The deal announced Tuesday follows the collapse of the bank's planned merger with C1 Bank.

The Consumer Financial Protection Bureau is launching a yearlong plan to help lenders comply with the onslaught of mortgage rules by the 2014 deadline.

MELBOURNE, Fla. – Space Coast CU announced plans this morning to open three new branches and relocate four others as part of an expansion of its 57-branch network.

Cullen/Frost Bankers in San Antonio plans to raise $150 million by selling preferred stock.

Retail banks must start innovating, improve integration across channels and consider charging fees for services to maximize their return on investment.

Carol Galante, the head of the Federal Housing Administration, downplayed a coming budget estimate that is expected to show the agency will need taxpayer aid for the first time since it was founded in the 1930s.

Lawmakers were sharply divided on President Obama's brief remarks regarding the housing market during his State of the Union address Tuesday night.

Ocwen Financial (OCN) is selling off parts of a company it recently purchased and another it expects to buy soon.

OptimumBank Holdings in Ft. Lauderdale, Fla., has hired a veteran banker as its chief executive. The $150 million-asset company said Tuesday that it had hired Timothy Terry.

ConnectOne had a strong IPO on Tuesday, giving it more funding for loans and acquisitions.

The Freedom Bank of Virginia is planning to cash in on the anticipated consolidation of government contractors.

Interest-only home loans are viewed as somewhat risky by the Consumer Financial Protection Bureau, but that is unlikely to stop the San Francisco bank from making them, its CEO says.

Quick decision-making, cash on hand and dedicated employees are musts for successful buyers of loan pools, experts said in analyzing CIT's recent purchase of $1.2 billion of loans.

Developing new online platforms to lower APRs to 365% is a waste of resources. Instead, lenders can tackle the payday problem by partnering together, cultivating loyalty and capping expected default rates.