Retail & Commercial

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A recap of the informed opinions (and the discussions they generated) on BankThink this week, including Dodd-Frank's impact on small institutions, Fed chair Janet Yellen's handling of attacks on her staff and Bitcoin's public but pseudonymous ledger.

Hudson City Bancorp in Paramus, N.J., has been released from an enforcement action with federal regulators.

Embattled mortgage servicer Ocwen Financial faces up to $26 billion in damage claims by bondholders and a greater risk of being fired as a mortgage servicer on thousands of small, private-label trusts.

The $1.4 billion-asset company said in a press release Friday that it will allow Richard Lashley, a co-founder of PL Capital, to join its board.

Regulators have shut Doral Bank, ending a tumultuous decade for the Puerto Rican bank. The $5.9 billion-asset Doral was the fourth bank to fail this year and the biggest bank to be closed since the $11 billion-asset Westernbank in Puerto Rico was shuttered in April 2010.

The surprising part of a recent report on U.S. stress tests is not that Deutsche Bank and Banco Santander might fail, but that large banks manage to pass any country's stress tests at all.

Debt collection held steady as the second ranked consumer complaint reported to the Federal Trade Commission, according to the federal agency's 2014 Consumer Sentinel Network Data Book, which was released Friday.

Total lawsuits filed under the Fair Debt Collection Practices Act rose in January while lawsuits citing violations of the Telephone Consumer Protection Act fell. The numbers reverse a trend from the past three years.

Jack Hartings is a vocal proponent of reduced regulation for small banks. But the CEO of Peoples Bank in Ohio wants Washington to force other industries to share the burden of improving cybersecurity and cleaning up after breaches.