Retail & Commercial

Making home loans that aren't "qualified mortgages" will soon carry legal risk. Will making only QM loans expose lenders to fair-lending claims under the disparate impact doctrine? Washington must clarify.

Thirteen mortgage servicers will begin compensating more than 4 million borrowers beginning in April as part of the amended consent orders released by regulators on Thursday.

This week, the most senior JPMorgan Chase (JPM) executives spent six hours airing their plans for growth – and retrenchment. Here are some of the strategies Chief Executive Jamie Dimon and his top lieutenants discussed.

A growing number of community banks are experimenting with traveling employees and student part-timers to cut branch expenses.

Bitcoinstore, an online seller of computers, monitors, cameras and other electronics, opened for business recently with the promise of undercutting competitors who accept only conventional payments.

Checking account regulations are outdated even for their primary product. Why would you want to regulate prepaid cards with a set of archaic rules?

Following allegations that the FHFA killed a Fannie Mae plan that would have saved homeowners and taxpayers hundreds of millions of dollars, the ranking member of the House Finance Committee has asked the regulator to explain its decision.

Dan Rollins suggested that BancorpSouth undertake a sequester-style process to reduce expenses.

As ATM network operators add more complex payments functions, technology providers such as Fiserv and NCR are tweaking the underlying technology to better monitor the machines remotely.

Small businesses are often the toughest sell for payments automation, and WePay is attempting to boost its penetration into this market by offering a new native app for iOS that enables remote invoicing and credit-card charging.