The Consumer Financial Protection Bureau's "qualified mortgage" rule has put a damper on the recovery of the housing market, according to an American Bankers Association survey.

James Sills, who runs a 107-year-old bank in North Carolina, believes the key to the survival of minority-owned institutions is their ability to adapt and reach more customers. M&F Bancorp, for instance, is changing the name of its bank and recently added its first nonblack director.

Foreclosures might seem like yesterday's news, but banks are still busy with the cleanup phase of the housing crisis. The situation is producing some herky-jerky housing statistics, and prompting calls for more reforms in states like New York still suffering from stalled dockets and blight.

The Motor City's heyday as a financial center has long since passed, though echoes of Detroit's fiscal prominence remain in the shape of its skyline. And there is hope for revival as Ally Financial and Fifth Third make major moves downtown. Here is a look at the city's financial powerhouses over the years.

Community bank CEOs truly stand out from the crowd when they possess a contagious enthusiasm that motivates sales teams, a discerning approach to hiring and an insatiable desire to innovate.

Coastal Banking in Beaufort, S.C., has promoted the head of its mortgage banking division to president of CBC National Bank.

Farmers Capital Bank in Frankfort, Ky., has completed the redemption of its Troubled Asset Relief program preferred shares for about $10.1 million.

Evangelist Franklin Graham said he will close his ministries' accounts at Wells Fargo after the bank ran advertisements featuring a lesbian couple, the Charlotte Observer reported.

The harsh capital treatment of Trups holdings under Basel III undoes the regulatory relief already extended to community banks that had invested in the securities.

Egypt's Commercial International Bank agreed to acquire Citibank Egypt's retail unit as the U.S. bank withdraws from less profitable emerging-market businesses.

The sheriff of Wall Street is moving on — much to the elation of the financial services sector. Benjamin Lawsky, superintendent of the New York Department of Financial Services, is departing from his position this June. But he is likely to leave a lasting impression on the culture and mission of the department.

Hanmi Financial in Los Angeles has hired a former executive at Opus Bank to fill a newly created strategy post.

Four Oaks Fincorp in Four Oaks, N.C., will soon have a new chief executive.

Debt collector James A. Havassy and his company, Hamilton Law Group, are defendants in a lawsuit alleging they intimidated family members into paying medical bills.

The former head of a now-defunct health care lending unit at JPMorgan Chase is starting a new firm that will offer financing for patients seeking dental, orthodontic and vision care.

The Consumer Financial Protection Bureau fined RPM Mortgage and CEO Rob Hirt $20 million for illegally paying bonuses and higher commissions to loan agents to lead people into more expensive loans. Hirt said the company did nothing wrong.

As it continues to build innovative features in its digital apps, such as its own virtual assistant and biometric authentication, USAA is trying to make a one-on-one connection with its members, says Christopher Cox, head of digital experience delivery for the San Antonio company.

Jamie Armistead is focusing Bank of the West's mobile and online efforts on design principles.

Choice Financial Holdings in Fargo, N.D., has agreed to purchase Northland Financial in Steele, N.D.

Community Investment Corp. has raised $200 million from about three-dozen banks to acquire and rehabilitate thousands of affordable rental-housing units in the Chicago area.