Banco Popular de Puerto Rico

A class action just approved in federal court involving force-placed insurance increases the likely cost to banks in terms of reputational damage and cash settlements.

Bank of America has revealed plans to stop selling mortgages to the giant GSE. The move could affect everything from loan repurchase negotiations to the future of mortgage market.

As companies like Google, Starbucks and the leading cellular carriers move aggressively into mobile payments, banks face strategic and technological challenges to maintaining their supremacy in moving money around.

After imposing a raft of new regulations, mortgage regulators are seeking servicing industry input to prevent the latest housing rescue bids from suffering the same dismal fate as their predecessors.

Several days after regulators began publicly touting a $25 billion deal with mortgage servicers, details remain under wraps. Now big banks' securities filings are offering new clues.

When the 14 biggest mortgage servicers signed consent orders last April over foreclosure misdeeds, they hoped the deal would indemnify them against further claims. Regulators now appear unlikely to grant them blanket immunity.

Bank of America's efforts to revamp the way it charges customers for checking accounts have landed it back in the news, but the bank is not alone in trying to figure out a way to make up consumer banking revenue lost to regulations.

The Federal Deposit Insurance Corp. is embarking on an ambitious study to better understand community banks. It doing so, it's looking beyond the traditional measure — size.

The threat of an economic setback is real despite general optimism, warns Joseph Ficalora, the chief executive of New York Community Bancorp.

Encore Bancshares is the latest Texas bank to sell itself for a nice price, even as bank M&A stutters outside the state.