The Federal Housing Finance Agency announced Monday that Fannie Mae and Freddie Mac must restrict future mortgage purchases to "qualified mortgage" loans.

The Independent BankersBank in Dallas has hired a correspondent-relations officer to serve community banks in Michigan and Indiana.

When experiments in lending are properly organized and priced, they can be successful for borrowers and lenders of all income groups, even in tough times.

The CEO of UMB Financial believes the time has come to rethink branch technology, to speed service and cut costs.

Vincent Delie recently mentioned Maryland, Pittsburgh and Cleveland as target markets, though he expressed lukewarm interest in Philadelphia.

Astoria Federal Savings in Lake Success, N.Y., has hired an HSBC executive to lead its retail division.

Wells Fargo and Bank of America have serially violated the terms of the National Mortgage Servicing Settlement, New York Attorney General Eric Schneiderman alleged on Monday.

Shareholders and regulators are on the warpath against executive compensation they regard as excessive or poorly structured. Senior bankers and directors, like their colleagues elsewhere in the corporate world, are struggling to design pay plans that encourage managers to innovate while discouraging excessive risk-taking. Further complicating the task are the sometimes competing agendas of investors and rule-makers, as well as the uncertainty surrounding the many Dodd-Frank pay rules yet to be written. Following is a look at some of hot-button items shaping executive compensation during the current proxy season.

HomeTrust Bancshares in Asheville, N.C., has agreed to buy BankGreenville Financial in South Carolina.

Rather than worrying about carving up a depressed purchase market, policymakers should be looking for ways to ensure that creditworthy borrowers have access to homeownership.

Tradehill is relaunching its virtual currency trading system after it shut down an earlier version of its offering last year amid regulatory disputes and a legal fight with online payment company Dwolla.

New York Attorney General Eric Schneiderman said he will announce new enforcement actions against major financial institutions as part of his effort to "protect New York homeowners."

KYLE, S.D. – Lakota FCU, the first federally insured financial institution on the Pine Ridge Reservation, home to the Sioux Indian tribe, opened Friday.

CtW Investment Group, a union-backed organization that owns roughly six million shares of JPMorgan Chase, has called on shareholders to vote against three directors on the risk policy committee and the head of the audit committee. The move was reported Friday by The New York Times.

CoBank in Denver reported a decrease in quarterly profit as loan yields fell and provision for loan losses increased.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

U.S. prosecutors are pursuing guilty pleas, criminal convictions and "significant monetary penalties" from banks and their employees in the global investigation into the rigging of benchmark interest rates, a senior Justice Department official said.

Experts say the Consumer Financial Protection Bureau backed away from stiffer requirements after two powerful consumer groups raised fears that they would drive small banks and credit unions out of the remittance business.

The longer yields stay low, "the bigger the problem becomes for banks," UMB CEO Mariner Kemper says. A low cost of funds helps UMB resist temptations presented by cutthroat competition and looser loan terms, Kemper adds.