Retail & Commercial

Mortgage processor Lender Processing Services is reportedly in talks to be acquired by title insurer Fidelity National Financial and private equity firm Thomas H. Lee Partners in a $2.9 billion deal.

Don Kimble, Huntington’s CFO since 2004, is joining another financial institution, the $56 billion-asset Huntington said Wednesday. The other institution was not named.

Sales of previously owned homes edged up 0.6% in April from the month prior and there was a noticeable increase in homes coming on the market.

Private-equity groups are looking to cash out their bank holdings given the bullish stock market and bearish outlook for banking. But few will double their money like Warburg Pincus did with its investment in Webster Financial.

U.S. credit card customers have become so diligent in making their payments that some are beginning to wonder whether the industry has entered a prolonged era of low chargeoffs and low delinquencies.

Flagstar Bancorp, the Michigan lender rescued by MatlinPatterson Global Advisers in 2009, is considering a sale of the collection rights on more than $70 billion in mortgages, people with knowledge of the matter said.

eBay Inc. said PayPal will be available in 2 million retail stores this year as it takes on Square Inc. and Intuit Inc. in the market for mobile payments.

Attendees at the Bitcoin2013 conference were excited about the technology's potential to disrupt the payments business – specifically micropayments, international remittances and charitable giving.