Newsbytes

State regulators on Friday closed Edgebrook Bank, Chicago, and appointed the FDIC as receiver.

Fannie Mae and Freddie Mac will participate in the federal government’s Home Affordable Modification Program and Home Affordable Refinance Program...

Cynthia Lowman -- president of United Bank Mortgage Corp., Grand Rapids, Mich., and chairman of ABA’s Mortgage Markets Committee --...

Jeremiah Norton, who has served as a director on the FDIC board since 2012, on Friday announced his resignation from...

On May 7, the federal District Court for the District of Columbia rejected a challenge by the National Association of...

Financial institutions and other businesses need protection from abusive patent trolls, ABA and several trade groups said in a statement...

Total nonfarm payroll employment rose by 223,000 in April, up from last month’s revised estimate of 85,000. The unemployment rate...

Thirty-two people involved in a racketeering enterprise that spanned from California, Minnesota, Ohio, and Puerto Rico have been arrested on...

In an April 22 letter released today, Consumer Financial Protection Bureau Director Richard Cordray declined congressional appeals to provide a...