Banking

EverBank Financial in Jacksonville, Fla., has announced the share price of a secondary public offering by two institutional stockholders.

IMGCAP(1)]

An expected rush of refinancings of Federal Housing Administration loans could force some mortgage servicers to take writedowns in the first and second quarters, but they have more incentive than ever to keep borrowers in the FHA program instead of letting rivals lure away their customers.

Four Star Resolution in Buffalo, N.Y., one of two collection agencies in Western New York facing lawsuits from the Federal Trade Commission and the New York Attorney General’s office for allegedly abusive tactics, wants a judge to remove a restraining order preventing it from doing business.

The development of an app for Apple Watch is a byproduct of Citi's broader transformation plan to get tech experiences quicker out of the gate. It also speaks to how mobile, and now wearables, is giving PFM an opportunity to have a comeback.

Ed DeMarco, the former chief regulator of Fannie Mae and Freddie Mac, warned that efforts under the Obama administration to expand access to credit could risk repeating mistakes that led up to the crisis.

Enterprise Financial Services in St. Louis plans to add a banking veteran to its board.

Western Alliance Bancorp. relishes niches with thin competition and high rewards. Its deal for Bridge Capital is no different: The seller serves small tech companies that provide high liquidity and ample fee revenue.

Reliance Bancshares is also talking to Tim Hortons about anchoring some of its branches, in hopes that coffee traffic will bring more business into its underutilized offices.

It's not just about cutting lawns and patching holes. To convey a foreclosed property into the Department of Housing and Urban Development's ownership, servicers are on the hook for every last detail of a vacant house. Here are five key pieces of the preservation puzzle.

First Bancorp in Puerto Rico revised its fourth-quarter earnings to reflect an adjustment tied to a reversal in its deferred-tax asset.

Glen Rock Savings Bank in Glen Rock, N.J., has agreed to buy Llewellyn-Edison Savings Bank in West Orange, N.J.

It's not always fun to be the butt of a joke, but in the financial services industry, it's often unavoidable. Some companies are embracing this role to turn the mockery into marketing.

WASHINGTON — Sen. Richard Durbin, D-Ill., renewed his push Thursday to allow bankruptcy judges to cram down private student loan debt, introducing a bill on the issue with 12 other Democrats.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

Hencorp Becstone Capital in Miami has agreed to pay $3.8 million to settle allegations that it provided inaccurate statements and claims to the Export-Import Bank.

When customers have a problem on mobile or online banking and (gasp) need to turn to a real person, Bank of America's Steve Beasty wants them to have a seamless — and friendly — experience.

A U.S. district court has banned the ringleader of a multi-million dollar fraud that targeted seniors from all telemarketing activities after he agreed with the Federal Trade Commission’s allegations that he withdrew money illegal from consumers’ bank accounts and funneled it to Canada.

The Justice Department handed down its third bank settlement under Operation Choke Point Thursday, bringing a civil complaint against Plaza Bank of Irvine, Calif., for failing to report a payment processor's relationship with fraudulent merchants.