Flagstar Bancorp, the Michigan lender rescued by MatlinPatterson Global Advisers in 2009, is considering a sale of the collection rights on more than $70 billion in mortgages, people with knowledge of the matter said.

eBay Inc. said PayPal will be available in 2 million retail stores this year as it takes on Square Inc. and Intuit Inc. in the market for mobile payments.

Attendees at the Bitcoin2013 conference were excited about the technology's potential to disrupt the payments business – specifically micropayments, international remittances and charitable giving.

The most effective housing reform would let the GSEs do what they do best: act as a conduit for private capital to enter the residential lending market.

A growing number of community banks are hiring consultants to negotiate core processing and IT-service contracts, which are typically among a bank's biggest expenses.

Ron Swanner, the head of South Street Financial, had talking points for every query at a tense annual meeting this week — except for, "where's the dessert?"

Regulators usually shut down banks on Friday nights to minimize disruption. However, no rule says failures have to occur on the sixth day of the week. Here is a look, in pictures, at noteworthy seizures on days other than Friday.

Commerce Bank founder Vernon Hill has lost his bid to collect more than $17 million in back pay from Toronto-Dominion Bank, which bought Commerce in 2007.

Shareholders at HopFed Bancorp have elected a director nominated by a critic of the Hopkinsville, Ky., company's latest acquisition deal.

Wells Fargo CEO John Stumpf said that he believes the government-sponsored enterprises need to be retained in some form because the guarantee they provide is important to investors.

As much as David Fiderer and others try to defend the GSEs and the policies that drove them into insolvency, the taxpayers who bailed them out are unlikely to be fooled.

The board of First Northern Community Bancorp in Dixon, Calif., has elected new leadership.

The tech company's new services represent a virtual slap in the face for the likes of banks and PayPal. If added to Google Glass, they potentially represent a knockout punch.

Bank of New York Mellon, the world's largest custody bank, is hiring as many as 100 people in its wealth-management unit as it seeks to counter lackluster earnings in other businesses.

DERRY, N.H. – Granite State Credit Union has gotten the OK to move a branch into a facility formerly occupied by Community Bank & Trust here.

Now that shareholders have agreed to let Jamie Dimon keep both his jobs at JPMorgan Chase, the chairman and chief executive must resolve several pressing issues. Among them: succession, board composition and mounting regulatory scrutiny.

Gries Investment Fund, a Florida investment group, has canceled plans to buy Southern Commerce Bank in Tampa, according to a newspaper report.

Lawmakers blasted senior officials at the Consumer Financial Protection Bureau on Tuesday, arguing they were too rigid with recently finalized mortgage rules that could choke off access to credit.