Retail & Commercial

Bank of America and JPMorgan Chase are the latest servicers to say they have fulfilled their obligations related to the national mortgage settlement. The five servicers covered by the deal say they have provided more than $50 billion in consumer relief, double what was required.

Merger negotiations are starting to resemble job interviews as more bankers hope to retain some level of control after begrudgingly selling their institutions.

The Federal Reserve Board has released Fentura Financial in Fenton, Mich., from an enforcement action.

A California man is scheduled for sentencing today by a federal judge for several Los Angeles bank robberies, including at least one in which he used a gun-shaped cigarette lighter.

Market conditions settled down in July after a spike in long-term rates spooked borrowers and bank executives a month earlier.

Regions Financial is sponsoring the college football museum that opens next year in Atlanta, a priority market for Regions.

KeyWorth Bank in Johns Creek, Ga., has agreed to buy a branch from Signature Bank of Georgia in Sandy Springs.

A Greensboro, N.C. hospital has filed a lawsuit seeking more than $5 million from an Illinois company it hired to hand its collection efforts.

Pulaski Financial in St. Louis has repurchased $6 million worth of its Troubled Asset Relief Program shares following their auctioning last year by the Treasury Department.

Efforts to overhaul the mortgage finance system are gaining momentum, but key logistical hurdles remain as lawmakers prepare to return from the August recess.