Alex Dunlap, the former director of debt sales for Wells Fargo, has left the bank for Flock Specialty Finance. His move comes after Wells stopped selling unpaid consumer loans to outside buyers and as regulators crack down on banks' debt collection practices.

More jobs and easier loan terms will boost demand for new mortgages in the second half of this year as homebuyers shrug off higher interest rates, according to a Fannie Mae forecast due later today.

Personalized interactions and streamlined online and mobile services distinguished the banks at the top of the heap in Temkin Group's customer service ratings.

CHICOPEE, Mass. – Alden Credit Union has now opened its third branch over the past four months.

MEDFORD, Ore. – The Internet and online banking may be affecting branch networks, but one person says that branch locations are still critically important – especially when consumers are searching online for a new financial institution.

The Consumer Financial Protection Bureau said Tuesday that it is suing Morgan Drexen, a debt-relief provider, for false marketing a month after the same company filed suit against the CFPB.

The meaning of the term "underbanked" has evolved considerably over the last 30 years, and its definition today makes little sense.

FNBH desperately needs capital after regulators shot down a plan that had a hefty percentage of debt. The company is hoping an equity infusion by a big investor will help it get on track.

Visa and MasterCard will pursue a multibillion-dollar price-fixing settlement over retailer swipe fees as opposition to the deal reached a level that would have allowed the card firms to walk away, according to one of the companies.

The Online Lenders Alliance wants the group that manages a U.S. payment system to clarify warnings on illegal use of the network by payday-loan firms, saying the message is posing a threat to legitimate business.

Delmar Bancorp is giving up a 40% stake in itself to an outside investor, who will cancel Tarp shares he won in a Treasury auction. The investor will also invest cash and forgive unpaid Tarp dividends.

Reports of suspected fraud received by the Financial Crimes Enforcement Network fell by 25% last year, to just under 70,000, according to the regulator's report on fraud filings for 2012, released Tuesday.

The chief executive of Golden Pacific Bancorp in Sacramento has left the company.

A new Baltimore federal court filing shows that more than $2.9 million was seized by the Department of Homeland Security from Mutum Sigillum LLC, a U.S. subsidiary of Tokyo-based Bitcoin exchange Mt. Gox, in May.

U.S. Bancorp has hired advertising agency Butler, Shine, Stern & Partners for its U.S. market, replacing the Kaplan Thaler Group.

Sterling Financial, which has 173 branches in Washington, Oregon, California, and Idaho, announced the launch of its free mobile app on Tuesday.

Free checking accounts are on the wane at traditional banks, according to a MoneyRates.com survey released Monday. But customers can still avoid monthly maintenance fees at a majority of online banks.

Ally Financial (GMA) in Detroit has agreed to sell $1 billion of stock to help fund the buyback of about $5.9 billion of preferred stock from the Treasury Department.

The national auto loan delinquency rate (the percentage of accounts 60 or more days past due) remained relatively flat in the second quarter ended June 30 compared with the year-ago period, moving from 0.79% to 0.80%.

Bubbles are inflating in Nevada and Arizona even as housing in the rest of the country recovers at a more sustainable pace.