Banking

The bank is piloting one conduit for jumbo mortgages and another for Ginnie Mae-eligible loans.

The 3%-down payment mortgage has been made available to consumers with a speed rarely seen in this business, in large part because more lenders than ever are selling loans directly to Fannie and Freddie.

John Poelker joined a bank in crisis when he agreed to lead Certus in April. His efforts to turn around a crisis-riddled South Carolina company make him one of American Banker's 2015 community bankers to watch.

Andrew Samuel left Susquehanna Bancshares, where he was in line to become CEO, to run the tiny Sunshine Bancorp in Florida. While Susquehanna recently agreed to sell itself to BB&T, Samuel has been working furiously to hire and expand at his new employer.

Mutual conversions soared this year as mutual thrift executives sought to raise capital at the behest of investment bankers and others. With many of the biggest mutuals having converted this year, there may be a drop-off in conversions in 2015.

An appeals court has upheld the four-year prison term of a former collection agency executive who was the mastermind behind a $12 million fraud scheme from January 2007 to March 2011.

Westbury Bancorp in West Bend, Wis., named a new president for the company and its bank subsidiary.

It isn't just payday lenders and money-services firms that are being ditched by banks lately. Community banks are getting cut off too.

The subsidiary of Chemung Financial in Elmira, N.Y., has sold its equity securities portfolio.

WASHINGTON — Medical debt may prove to be one of the complex areas that the Consumer Financial Protection Bureau will tackle in its highly anticipated rulemaking on debt collection next year.

More than one-quarter of customers buy a banking product from their primary bank's competitors. Can banks use mobile technology to sell more effectively and stem the tide?

Dan Rollins' ability to have a BSA-related consent order removed and get two acquisitions back on track could embolden more big community banks to pursue deals next year.

A federal bankruptcy court has approved the sale of PNA Bank in Chicago.

Fairmount Bancorp in Baltimore seems poised to face a proxy battle next year from activist investor Joseph Stilwell.

As the real estate market ramps back up, lenders are looking for ways to diversify their portfolios, even if the returns are slim.

Two electronic document management software companies — Axacore, Inc. based in San Diego and Scrypt, Inc., based in Austin, Texas — will merge effective December 31 under the Scrypt name.

Toronto-Dominion Bank's second video smash hit is the latest example of how marketing is evolving to suit digital audiences' tastes. The key to the video's success is an emphasis on customers and community, not the TD brand.

A recent study intended to measure Americans' understanding of arbitration clauses asked the wrong questions. The more germane issue is whether arbitration produces better outcomes for consumers than court and class action litigation.

Kearny Financial in Fairfield, N.J., has withdrawn its application for a mutual-to-stock conversion.

BofI Holding in San Diego has agreed to buy $125 million in deposit accounts from a unit of First Marblehead.