The real-estate industry is using this week's Republican convention to flex its political muscles, defending the tax deduction for mortgage interest and calling for changes to the qualified residential mortgage exception.

The central bank's most recent Beige Book finds disparities both between and within regional districts about the appetite for new loans.

The Treasury Department has released an infographic outlining how the financial reform legislation helps to strengthen Main Street banks. Do you agree Dodd-Frank creates a level playing field for financial institutions?

Citigroup agreed Wednesday to pay $590 million to settle a shareholder lawsuit over its disclosures about subprime mortgage exposure. The sum is large but in keeping with what some banks have paid to put the crisis years behind them.

A preliminary report from the independent monitor shows that the five servicers in the $25 billion mortgage-settlement pact are so far focusing more on short sales than on loan mods or refis.

The new employment agreement with veteran banker John Kanas comes just weeks after reports surfaced that the Florida company was again weighing offers to sell.

Citigroup agreed to pay $590 million in cash to settle a lawsuit by investors alleging the bank hid risks tied to toxic assets, the plaintiffs said.

Cordia Bancorp will invest $3 million to consolidate control of Bank of Virginia in a move Jack Zoeller, Cordia's CEO, says will position the company to make acquisitions and raise capital.

Bank of America (BAC) and Fifth Third (FITB) have joined a growing number of large banks that have simplified disclosure notices on retail checking accounts.

First Community Financial Partners in Joliet, Ill., will combine its four banks under a single charter to increase the availability of products at each one.

BB&T will have seven new (sort of) faces on its board next year when the company expands to 19 directors from 15 and replaces three retirees.

In a series of letters, the agency asked Assurant to break out revenues in states investigating the industry and assess the effect such probes would have on its bottom line.

The five largest U.S. mortgage servicers say they have provided about $10.6 billion in relief to troubled borrowers under the terms of a $25 billion legal settlement over abusive foreclosure practices.

Lakeland Bancorp (LBAI) is planning to raise more than $25 million through two offerings.

Eastern Federal Bank of Norwich, Conn., has applied to the Connecticut Department of Banking to switch from a federal charter to a state charter.

Bank of Oklahoma in Tulsa this week hired former Fannie Mae executive Elliot Salzman as vice president in charge of correspondent lending.

The political game in Washington might not be one former SIGTARP Neil Barofsky was willing to play, but it suits Wall Street lobbyists perfectly. What are we, citizens and taxpayers, supposed to do now?

Bank of Montreal, Canada's fourth-biggest lender by assets, raised its dividend for the first time in five years after posting third-quarter profit that climbed on added earnings from U.S. consumer banking.

Assurant, facing reviews into whether it overcharges for insurance that some homeowners are compelled to buy, expanded disclosure about its profits after an inquiry from the SEC.

Two shareholders have filed a lawsuit arguing that the prepaid company withheld material information about the competitive climate and the potential impact on its operations.