Retail & Commercial

Union First Market Bancshares (UBSH) in Richmond, Va., has expanded its chief executive's role.

A New Jersey town council may vote as early as today on a proposal to settle a U.S. Supreme Court case that has threatened to undercut the Obama administration's crackdown on lending discrimination.

First Busey (BUSE) in Champaign, Ill., has named its next chief financial officer.

Regions Financial received a subpoena from the U.S. Department of Housing and Urban Development tied to the origination of mortgages backed by the Federal Housing Administration.

First Merchants (FRME) in Muncie, Ind., has issued $70 million in debt to pay off a loan from Bank of America (BAC).

The Office of the Comptroller of the Currency has amended its consent order with Broadway Financial's (BYFC) bank.

Wells Fargo is among firms facing federal scrutiny of mortgage-bond sales under a 1989 law the government is using to extend probes of banks' roles in the credit crisis, two people with knowledge of the matter said.

The Consumer Financial Protection Bureau is considering new rules to govern debt collection practices that could for the first time include banks and other creditors that are collecting their own debt.

Deutsche Bank's former subsidiary MortgageIT has agreed to pay $12.1 million to settle claims that it discriminated against African-American and Hispanic consumers seeking mortgage loans, the U.S. Department of Housing and Urban Development said Tuesday.

Monarch Community Bancorp (MCBF) in Coldwater, Mich., has finalized a plan to repurchase shares and warrants issued under the Troubled Asset Relief Program from the Treasury Department at a 55% discount.