Flagstar in Troy, Mich., provided misleading information about the condition of loans that backed securities insured by MBIA and led to big losses, MBIA's lawsuit says.

Wells Fargo reported record earnings again in the fourth quarter but it faces headwinds that could slow the momentum in 2013.

Subprime mortgages are likely to become harder to make and more expensive to sell in the secondary market based on the new qualified mortgage rule.

The Independent Community Bankers of America (ICBA) is toasting the Government Accountability Office (GAO) for agreeing to examine the economic benefit that megabanks derive from their too-big-to-fail status.

The U.S. Government is objecting to a proposal by Residential Capital to pay roughly $33.4 million in annual bonuses to employees.

Profits rose 43% at DSA Financial (DSFN) of Lawrenceburg, Ind., on its sales of loans and investments last quarter.

Analysts will also pay close attention to what bankers says about cost cutting and fallout from the fiscal cliff compromise.

In speech to California bankers, comptroller indicates 'Volcker' trading ban and securitization rules could be completed soon.

Heartland Financial USA (HTLF), a multibank holding company in Dubuque, Iowa, has swapped executives with one of its subsidiaries through a pair of promotions.

It's far better for a few foreclosure squatters and crooked bankers to get off than to undermine due process, argues Executive Editor Marc Hochstein.

The CFPB's final Qualified Mortgage rule exacerbates our dependence on the GSEs and FHA, potentially harms a large swath of potential borrowers and severely handicaps the market’s ability to effectively serve customers.

First Keystone in Berwick, Pa., has convinced its retired chief executive to serve as its vice chairman.

Regulators may be getting ready to order JPMorgan Chase to bolster its safeguards against money laundering.

CEO Michael Corbat's 13 reshuffled direct reports are all men — an extreme example of the gender gap that exposes banks to reputational and operational risks and charges of being out of touch.

There must be a concerted effort to open the way to successful homeownership to more Americans. This should include encouraging shorter-term mortgages so low down payment borrowers build equity faster.

Wells Fargo, the largest U.S. home lender, reported a 24% rise in fourth-quarter earnings as the bank boosted lending and squeezed more income out of rising revenue.

The $11.5 billion-asset subsidiary of Umpqua Holdings Corporation (UMPQ) said Thursday that its private banking arm will expand service to Seattle and San Francisco.

Old Dominion National Bank of North Garden, Va., has struck a deal to raise funds from an investor, contingent on the success of a private placement.

The $196 million-asset bank in Mt. Dora, Fla., said Thursday it has opened a branch in Orlando that continues its commitment to the environment.

Unlimited TAG insurance of noninterest-bearing deposits ended with 2012. Any shifting of cash from banks to money market funds has been modest so far.