Retail & Commercial

Missouri is the best state for banking conditions and Nevada is the worst, according to a new survey.

The Mortgage Bankers Association has cut its 2014 loan origination forecast to $1.05 trillion because home purchase loan application volume is well behind where it was this time last year.

The owner of a Houston-based debt collection operation, along with two company managers, are banned from the industry. The three were charged with multiple Fair Debt Collection Practices Act and FTC Act violations.

TS Banking Group in Treynor, Iowa, has agreed to buy Tioga Bank Holding Co. in Tioga, N.D.

Auto loan debt per borrower has increased for three consecutive years, up nearly 13% - more than $1,900 - since the trend began in Q1 2011.

CertusBank fired its founders for providing inaccurate budgets and for failing to devise a strategy after its failed-bank deals dried up, the Greenville, S.C., company said in court filings.

As mobile payments hit the mainstream, bankers should offer their customers a compelling proposition rather than wait for someone else to lure customers away.

Legislation in Minnesota designed to restrict the payday loan industry fell short Friday of winning final approval in the Minnesota Senate, meaning advocates of reform will have to wait until next year.

Regulators' recent moves to encourage mortgage lenders to relax standards have reignited a contentious debate.

Highlands Bancorp (HSBK) in Vernon, N.J., has raised $5 million by placing subordinated debt.