Retail & Commercial

JPMorgan Chase & Co. (JPM) has reached a tentative resolution of all civil mortgage-bond related matters with the Department of Justice under which it will pay a record $13 billion, a person familiar with settlement talks said.

Old Second National (OSBC) in Aurora, Ill., has been released from a 2011 consent order issued by the Office of the Comptroller of the Currency.

Enforcement actions relating to anti-money laundering rules and the Bank Secrecy Act were a prominent theme in the Office of the Comptroller of the Currency's monthly round-up of orders issued from late August through September.

New York financial regulator Benjamin Lawsky is urging the state to make it harder for debt collectors to win court judgments using shoddy documentation.

FHFA Acting Director Ed DeMarco has been vague about why the regulator rejected Fannie’s force-placed proposal, a decision that has drawn sharp criticism from consumer advocates.

The qualified mortgage rule remains the big unknown in the mortgage industry just three months before it's scheduled to become law of the land. We speak with officers of the New York Association of Mortgage Brokers about how they're prepping for this brave new world.

Investors Bancorp (ISBC) in Short Hills, N.J., has added to its board a longtime New York banker with deep roots in Brooklyn.

For a company facing as much public scrutiny as JPMorgan Chase (JPM), even the smallest strategic move can ignite a firestorm of speculation about what’s really behind its actions.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

SBT Bancorp (SBTB) in Simsbury, Conn., has hired David MacKenzie as its chief mortgage and consumer lending officer.