Lenders are seeing higher demand for homes but are expecting only modest growth in sales this year due to the limited housing stock.

A recent research paper found that community banks' assets, along with market share in most types of commercial lending, have fallen since the Dodd-Frank Act was passed. The report is giving advocates of smaller institutions more data to rally around.

Three mortgage companies are facing regulatory action from the Consumer Financial Protection Bureau for misleading consumers with advertisements implying U.S. government approval of their products.

A lender has agreed to pay Pennsylvania consumers $8 million in restitution as part of a settlement to resolve claims it illegally provided loans.

The city of Eugene, Oregon has hired collection law firm Linebarger Goggan Blair & Sampson, based in Austin, Texas, to help collect past due parking fines.

H&R Block in Kansas City, Mo., and BofI Holding in San Diego have pushed back the closing date for transferring ownership of H&R Block Bank.

Gary Patton Hall Jr. hid underperforming and at-risk loans from the Federal Deposit Insurance Corp. and the bank's loan committee, the Federal Bureau of Investigation said in its indictment Thursday.

Banks nationwide are finding ways to make mobile deposit capture available to more people and faster without taking on more fraud risk.

The jobs eliminated were reportedly in Bank of America's Legacy Asset Servicing business, which provides services to customers at risk of foreclosure.

Sen. Elizabeth Warren said community banks have continued to be profitable despite new rules under the Dodd-Frank Act while raising fresh warnings about unnecessary changes to the financial reform law in the guise of regulatory relief.

WASHINGTON — The Consumer Financial Protection Bureau took action Thursday against three mortgage companies that, authorities say, falsely implied affiliation with the U.S. government.

Calls for U.S. regulators to reform money-transmittal rules are growing after a California bank cut off remittances to Somalia.

Elected officials in Santa Fe and Seattle are considering plans to form municipal banks to promote affordable housing and reach out to the underbanked. Bankers are wary since such institutions could present competition.

Foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 119,888 U.S. properties in January, an increase of 5% from the previous month but still down 4% from a year ago, reports RealtyTrac, a company that tracks housing data.

Two new defendants have been named in a Federal Trade Commission case against a phony debt relief and credit repair scheme that allegedly deceived consumers about non-existent federal programs to pay off their bills and fix poor credit.

Ohio Attorney General Mike DeWine filed a lawsuit Wednesday against a Buffalo, N.Y., collection agency accused of impersonating regional government agencies and sheriff’s deputies attempting to collect debts.

American Express will certainly suffer when its 16-year cobranding deal with Costco ends in 2016, but its executives will spend the next year building up the card brand's digital payment products to create enough opportunities to ease the company's short-term pain and guarantee its long-term health.

Digital Insight, a company owned by NCR Corporation, has secured an agreement with EyeVerify Inc. to integrate the biometrics company's eye vein recognition technology, called Eyeprint ID, into its mobile banking platforms.

The Federal Reserve Board has raised several concerns about the interbank fee that is part of an industry group's plan to make funds available to consumers on the same day. It's another speed bump in the road to modernizing the U.S. payment system.

American Express, the biggest U.S. credit-card issuer by customer purchases, said its co-brand and merchant agreements with Costco Wholesale in U.S. stores will end next year.