Retail & Commercial

Congress should take the interests of small and midsize mortgage lenders into account as it weighs regulatory reform for community banks. Exempting smaller lenders from random CFPB audits would be a good start.

Bryn Mawr Bank in Bryn Mawr, Pa., has bought Robert J. McAllister Agency. The $2.2 billion-asset company did not say what it paid for the Philadelphia-area insurance and risk management agency.

The shift in market composition is fueling concerns that if defaults rise, the Federal Housing Administration would have a harder time making lenders eat the losses on poorly underwritten loans.

A key deadline for anti-fraud card technology is prompting more retailers and banks to take a hard look at mobile payments platforms.

Merchants are making a new argument in their years-long battle with banks over swipe fees, saying Apple Pay has locked them out of additional routing options mandated by Dodd-Frank.

DNB Financial in Downington, Pa., has formed a business banking services division.

Millennials were rocked by the Great Recession and excessive student loan debt. Now older members of this generation are finally coming into their own — which means they're also getting mortgages, opening credit cards and saving for retirement.

The Center for Responsible Lending (CRL), in a recent study of payday lending in one state, found that nearly half of all borrowers default on a loan within their first two years of borrowing.

Marketers who helped promote an alleged home loan modification scheme will be banned from the mortgage relief and debt relief industries under a court settlement.

Four Oaks Fincorp in North Carolina has a new president.