= Subscriber content; or subscribe now to access all American Banker content.

Jeff Horwitz

Recent Stories From this Author

JPM Sues FDIC Over WaMu Claims
December 17, 2013 JPMorgan Chase has sued the Federal Deposit Insurance Corp. over Washington Mutual's legal liabilities, the Wall Street...

HUD as Prosecutor and Judge
December 3, 2013 The Department of Housing and Urban Development is a rare government agency that funds private enforcement of its own...

Untested Racial Bias Charges Put Banks in Tight Spot
December 3, 2013 The National Fair Housing Alliance's claims that banks have failed to maintain homes in minority neighborhoods are based on...

Housing Group Taps Dubious Data, HUD Ties to Demand Millions from Banks
December 2, 2013 The National Fair Housing Alliance has accused big banks of discriminating against minorities in the upkeep of foreclosed...

OCC's Collections Scrutiny Squeezes JPMorgan
July 8, 2013 JPMorgan Chase's decision to freeze much of its credit card debt collection operations ahead of regulatory actions appears to...

JPMorgan Warned by OCC of Asset Management Conflicts
July 5, 2013 The Office of the Comptroller Currency ordered JPMorgan Chase to refund fees to certain retirement account customers whom it...

OCC Pressures Banks to Clean Up Card Debt Sales
July 2, 2013 The Office of the Comptroller of Currency has begun issuing its examiners "best practice" guidelines to end big banks' use of...

Chase Halts Card Debt Sales Ahead of Crackdown
July 1, 2013 JPMorgan Chase has stopped selling most of its bad loans to third-party collectors in recent months as it braces for...

Lawsky's Bank of Tokyo Action Could Unsettle Regulators Globally
June 20, 2013 The most aggressive enforcer of federal sanctions law may now be New York State. At home and overseas, this could cause a lot...

FHFA Hires Insurance Lobbyist as Insurance Consultant
June 17, 2013 The Federal Housing Finance Agency has hired a lobbyist for the force-placed insurance industry as its point man in reforming...

Bankers Hem, Haw on Force-Placed Kickbacks in Closed Meeting
June 14, 2013 Bankers defended force-placed insurance practices and dodged questions about alleged industry kickbacks and price gouging at a...

FHFA's Nonpublic Public Comments
June 10, 2013 The FHFA has yet to post to its website any public comments related to a proposed ban on commissions and reinsurance...

FHFA to Hold Private Hearings on Force-Placed Insurance
June 10, 2013 The Federal Housing Finance Agency is considering reforms to force-placed insurance aimed at giving the public a better deal....

Banks in Hot Seat at Debt Collection Hearing
June 6, 2013 Banks are behind many of the faulty or nonexistent records that lead collections companies to erroneously demand debt...

New York Seals Deal Banning Force-Placed Insurance Kickbacks
May 30, 2013 An agreement announced on Thursday has triggered a statewide ban on commissions, reinsurance, and other alleged kickbacks paid...

Liberty Reserve Definitely Not Too Big to Jail
May 29, 2013 Receiving Wide Coverage ... Laundering Charged: The creators of Liberty Reserve, a cross-border virtual currency exchange,...

N.Y. AG Revising Foreclosure Settlement Complaint Against Wells, B of A
May 17, 2013 New York Attorney General Eric Schneiderman is revising his allegations of foreclosure settlement violations by Wells Fargo...

Wells, Citi Halt Most Foreclosure Sales as OCC Ratchets Up Scrutiny
May 17, 2013 In a sign of renewed pressure on mortgage servicers, a number of big banks have ceased or dramatically slowed the final step...

CFPB Driving Banks to Drop Auto Dealer Incentives
May 16, 2013 The Consumer Financial Protection Bureau's focus on discrimination in the auto loan business will likely force the banks it...

CFPB Targets Discrimination in Auto Loan Battle
May 15, 2013 Consumer advocates believe the bounties banks pay to car dealers for steering customers to high-interest loans are abusive....