The industry has asked the CFPB to delay the effective date for a rule expanding disclosures for remittance transfers.

Hurricane Sandy has been over for three days now but the aftermath is hitting many mortgage bankers and brokers hard in the greater New York metropolitan area which includes New Jersey and Connecticut.

Both companies are expressing early optimism in their ability to compete with American Express' Bluebird card, but long-term uncertainty looms.

Liberty Bancorp in Georgia is barred from making payments to shareholders and certain debtholders without regulatory approval.

First Republic Bank in San Francisco has agreed to buy Luminous Capital Holdings. Luminous, an independent wealth advisor based in Los Angeles, provides investment advice and asset allocation, including alternative investments, to high-net-worth individuals, family offices and foundations.

Fewer loan losses and added fees provided a spark to third-quarter results at Park Sterling (PSTB) in Charlotte, N.C.

After a customer held up Peoples Bank, the president followed the man to his car, drew his firearm and detained the robber until the police arrived. "I told him he wasn't going anywhere," says David Thompson, who has a concealed weapons permit.

The banking unit of 1st Colonial Bancorp (FCOB) in Collingswood, N.J., has converted to a state charter and changed its name.

Wells Fargo contends that a federal lawsuit over its lending practices before and after the housing crisis contravenes the terms of the multistate mortgage settlement.

SPRINGFIELD, Ore. – The Eugene City Council on Wednesday agreed to sell a 1.9-acre plot next to the U.S. Courthouse to Northwest Community CU, where the $720 million credit union plans to build a new headquarters.

Green Dot said its quarterly earnings fell 20% from a year ago as competition intensified in the prepaid card market. Meanwhile, NetSpend announced that its net earnings fell to $4.4 million.

A group of some of the nation’s largest merchants and retail trade groups asked a federal judge Thursday to reject the proposed settlement of a lawsuit over credit card swipe fees.

Ocwen Financial (OCN) in Atlanta reported record revenue in the third quarter as it continued to expand its mortgage-servicing portfolio.

Parkmobile USA, which had drawn fire for suggesting the debit interchange cap was behind its fee increase for D.C. customers, on Thursday issued an apology for the statement.

Independent foreclosure reviews at the major banks were meant to compensate wronged homeowners and restore some faith in the integrity of mortgage servicing. Instead, the process has become mired in questions of objectivity.

Despite slow adoption by consumers, more community banks are offering mobile banking, according to a new survey.

CertusBank in Greenville, S.C., plans acquire the small business lending operations of a struggling Georgia bank.

NewBridge Bancorp (NBBC) in Greensboro, N.C., is planning to raise $56 million after liquidating $45 million in bad loans and reporting a large quarterly loss.

The card network seems to have been successful in counteracting the effect of new rules on the routing of debit card transactions, though a Justice Department investigation still poses a threat.

BB&T's decision to open 30 branches makes sense as big banks battle for commercial customers, especially in an expensive market for acquisitions like Texas.