Some of the largest mortgage servicers are still fabricating documents that should have been signed years ago and submitting them as evidence to foreclose on homeowners. Several dozen documents reviewed by American Banker show that as recently as August some of the largest U.S. banks, including Bank of America Corp., Wells Fargo & Co., Ally Financial Inc., and OneWest Financial Inc., were essentially backdating paperwork necessary to support their right to foreclose.

Not to be outdone by rivals in a month that has seen several new and retooled credit card rewards program announcements, Bank of America Corp. on Wednesday rolled out upgrades to a couple of its core cash-rewards cards.

Look closely at the structure of the First PacTrust deal for Beach Business Bank to see how deal negotiators are hedging against stock volatility. Expect to see more creative pacts like this one.

First PacTrust said it wants Beach Business Bank for it commercial loans after just announcing a deal for a mortgage operation.

Big bank margins have contracted for five consecutive quarters, and are poised to shrink again during the current period amid a continuing buildup of deposits and a flatter yield curve.

Strong opinions abound on the future of bank branches. Will branches be relevant 10 years from now? Will financial technology solutions be able to significantly disrupt the business of banking such that branches, at least as we know them today, become obsolete?

WASHINGTON — Banks are again urging policymakers to reject proposals that would allow credit unions to make more business loans.

Although both bankers and retailers spent thousands on lobbying over the cap on interchange fees for debit cards, campaign contributions cannot explain why 12 key senators switched their votes.

As Visa has been ramping up its promotion of one-time-use card data for security, Discover Financial Services is winding down its support of a similar technology. The key difference is that the system Visa is pushing is used at the point of sale, whereas the one Discover is discontinuing is used online.

Little has been done to buoy confidence that an economic recovery is at hand. A settlement of the investigations surrounding last year’s robo-signing scandal that, among other things, achieves widespread principal reduction commitments from major servicers, could change that — but only if done carefully.

Recapitalization efforts at First Mariner Bancorp may be in peril following the company's removal from a Nasdaq listing.

Payment processor is harnessing technology from Trusteer to help prevent Trojans and other forms of online fraud.

By adding new processing capabilities, the bank is extending payment acceptance to include varied online payment methods for corporate clients that have international footprints.

Fifty community banks across the country received $767 million in the latest round of funding from the Small Business Lending Fund, the Treasury Department said Wednesday.

After months of rumors, Bank of America made it official Wednesday morning, saying it would exit the correspondent mortgage space, where it ranks second nationwide.

Swope Montgomery, the longtime CEO of BNC Bancorp in High Point, N.C., details his growth strategies, cautions on deals and the risks and rewards of private equity.

Its suit against Bank of America shows U.S. Bank is more willing than other trustees to help investors force issuers to buy back soured loans.

A $9.07 a share, Beach Business Bank's comes at a 53% premium to the Manhattan Beach, Calif., seller's closing price.

The bank technology vendor S1's board told shareholders not to accept ACI Worldwide's exchange offer — yet. The board said Wednesday that it is reviewing ACI's Tuesday offer to shareholders in ACI's latest step to disrupt S1's planned merger with Fundtech.

Fannie Mae and Freddie Mac became the latest big names to seek a voice in the massive $8.5 billion settlement reached by Bank of America Corp. with investors in mortgage-backed securities with a court filing Tuesday.