Retail & Commercial

On YouTube, puppet shows are fine for consumers, but to appeal to businesses many banks are taking a more serious tone — and putting their own clients in the spotlight.

On Tuesday, Wells Fargo took its shot at overturning a landmark 2010 district court judgment against its overdraft fees and practices.

Possible violations of state and federal laws could jeopardize Costco's mortgage partnership program with several small banks. Some lawyers believe Costco should become a registered mortgage broker to comply with existing regulations.

Bankers are facing "rodeos" and "knife fights" as they try to strike gold again in payments.

Central Bank in Stillwater, Minn., is buying another distressed bank. It has a deal to buy the struggling Bank of Naples in Florida.

Jumio has released a software development kit to allow programmers to use its credit card scanning technology in mobile apps.

Bank of America is taking its small Florida pilot short-sale incentive program national.

When Residential Capital Corp. filed for bankruptcy protection earlier this week it left behind a trail of unsecured creditors with claims totaling well over $1 billion, according to court documents.

A 13% increase in refinance applications led to a 9.2% seasonally adjusted increase in overall application volume for the week ended May 11, according to the Mortgage Bankers Association.

Mortgage delinquencies continued on their downward path in the first quarter with 7.4% of all loans considered past due, the lowest reading since the third quarter of 2008, according to new figures compiled by the Mortgage Bankers Association.