Retail & Commercial

The Consumer Financial Protection Bureau took two major steps toward reshaping the nation's residential mortgage market Monday, proposing revised mortgage disclosure requirements as well as stricter limits on high-cost loans.

Consumer credit climbed more than forecast in May, led by the biggest jump in credit-card debt in almost five years that may signal Americans are struggling to make ends meet.

Eagle Bancorp's (EGBN) Ronald D. Paul is adding another job to his list of responsibilities.

Loans made through the Small Business Lending Fund continued their climb in the first quarter, rising by $433 million compared with the fourth quarter of 2011, the Treasury Department said.

First State Bank of St. Charles in Missouri is looking to expand into the Kansas City area with two new offices.

The tom-toms are beating louder for action among issuers, merchants and processors in the U.S. migration to EMV smart card technology.

If a senior mortgage executive tells you "there's nothing to worry about, we've got exceptional controls and a great track record in measuring and managing mortgage servicing rights," it is probably worth getting a second opinion.

Instead of excessive scrutiny of what Jamie Dimon says about the company's $2 billion-plus trading loss, time might be better spent in analyzing JPMorgan Chase's mortgage revenue, net interest margins and sources of long-term profits — and what it all says about the future of banking.

The Treasury Department will auction off its stakes in a dozen more banks as it works to aggressively wind down the Troubled Asset Relief Program.

In a bid to avoid the regulatory capture that's crippled other agencies, the Consumer Financial Protection Bureau is hiring outside the usual places and thinking outside the box.