Doral Financial in San Juan, Puerto Rico, has resubmitted its capital restoration plan to the Federal Deposit Insurance Corp. after the agency determined that the initial plan was insufficient.

HUD officials had taken a neutral position on whether FHA financing would be available for loans that were seized by cities and written down to their current appraised value.

Some banks offer better mobile apps than others, although there is time to recover because most consumers are not quite ready to switch banks yet based on app quality.

The Mississippi company is hopeful examiners will recognize progress made on Bank Secrecy Act compliance, including a much bigger staff and enhanced systems. If all goes well, BancorpSouth could have a consent order lifted, paving the way for it to refile applications for two acquisitions it hopes to complete next year.

Bidding is over in the first bankruptcy auction to be held at the demand of trust-preferred creditors, but there's no clear winner.

New York's banking regulator has issued subpoenas to TD Bank and Santander over possible consumer abuses in the banks' subprime auto lending divisions, a source familiar with the matter said Friday.

WASHINGTON — Congress passed legislation late Thursday that will expand community bank access to the debt markets in order to finance acquisitions.

A bankruptcy court judge sunk investors' hopes in their latest lawsuit against Lehman Brothers, which they claim broke contracts in junk mortgage-backed securities sold during the bubble years.

AmeriServ Financial in Johnstown, Pa., is making leadership changes as its chief executive plans to resign early next year.

Two River Bancorp in Tinton Falls, N.J., has received regulatory approval to redeem half of the preferred stock it issued under the Small Business Lending Fund program.

Royal Bancshares of Pennsylvania in Narbeth could be looking for a new chief risk officer.

An estimated 43 million people carry delinquent medical debt on their credit reports and medical bills account for nearly half of all overdue debt on the reports, according to a study released Thursday by the Consumer Financial Protection Bureau.

Many disruptive technologies come from startups, but just as many seem to come from companies that have been around for decades. Whether developing a new system in-house or providing a necessary proving ground for a partner, these older companies are bringing fresh innovations to the payments industry.

Investors in the failed Tennessee Commerce Bank have reached a tentative agreement to resolve a two-year-old class action involving the bank.

Two companies that allegedly ran scams promising debt relief for student loan borrowers are named in separate enforcement orders announced Thursday by the Consumer Financial Protection Bureau.

Federal Housing Finance Agency Director Mel Watt's decision Thursday to stand up the affordable housing trust funds sharply divided lawmakers along party lines, with Democrats welcoming the decision as overdue while Republicans denounced it as a mistake.

WASHINGTON — The Consumer Financial Protection Bureau took action Thursday against two companies for allegedly running "scams" that promised relief for struggling student loan borrowers.

LendingClub Corp. soared to an $8.52 billion valuation after its initial public offering, shining a spotlight on the fast-growing peer-to-peer lending industry and setting a high bar for a company that aims to transform banking.

Georgia once was known as the state hit with the most bank failures. Renasant's agreement to buy Heritage Financial in Albany, Ga., is the latest of several deals where buyers have paid strong premiums to enter or expand in the state.

Microsoft is working with Bitcoin merchant services provider BitPay to allow customers to seamlessly exchange the virtual currency when loading money into their Microsoft accounts.