New York's top financial services regulator is requiring the mortgage servicer to install a monitor for two years to oversee the company's practices, the state's Department of Financial Services announced Wednesday.

Solera National Bank in Lakewood, Colo., has recruited a team of 40 residential mortgage lenders as it starts to fulfill promises of growth after a regulatory setback.

Banks can get consumers to adopt online banking services by keeping websites simple, communicating a positive message and providing an interactive experience that meets immediate needs.

Mission Community Bancorp (MISN) in San Luis Obispo, Calif., has hired a veteran banker as its chief financial officer.

Provident Bank in Montebello, N.Y., has hired another team of bankers away from rival bank, this time tapping four bankers from Signature Bank to run a new lending office on Long Island.

The Federal Reserve Board has entered into a written agreement with NASB Financial (NASB) that requires the Grandview, Mo., company to serve as a source of strength to its bank.

Chief financial officers who can do more than count beans are finding plenty of employment opportunities as banks pursue executives well-versed in handling risk management and strategic initiatives.

A breakdown of M&A announcements in the financial services industry for the week ended Dec. 1.

The House Democratic Caucus formally elected Rep. Maxine Waters Tuesday as ranking member for the House Financial Services Committee.

Alliance Bankshares' sale to WashingtonFirst Bankshares has been approved by regulators and endorsed by proxy advisory firms, but now comes the hard part: reaching its far-flung investor base.

The FDIC's third-quarter report on the health of the industry shows lending climbed upward, but reduced loss provisions and sales of existing assets are what boosted earnings.

Small banks have spent years shrinking their residential development portfolios, but a rebound in housing starts could bring more lenders back to that market.

When industries and business environments evolve, the best and brightest people and organizations in that industry will as well.

SunTrust Banks (STI) expects its heightened volume of mortgage refinancings to continue next year, even while other banks and industry analysts are projecting a slowdown.

The $630 million-asset company has agreed to buy Potomac Mortgage Group in northern Virginia for $19 million in cash and stock.

Heritage Oaks Bancorp (HEOP) in Paso Robles, Calif., has appointed a longtime financial manager as its chief financial officer.

Just when you thought it couldn't get any nastier between banks and credit unions, the credit unions are opposing a TAG extension that many small banks have been pushing for.

Senator-elect Elizabeth Warren successfully beat out GOP incumbent Sen. Scott Brown securing herself a spot on the Senate Banking Committee.

Senator-elect Elizabeth Warren has secured a spot on the Senate Banking Committee and she'll be joined by Sen. Joe Manchin, according to a Democratic Senate aide.