Don Beyer, a northern Virginia car dealer who's running for office as a Democrat, is hoping to bridge the vast divide between the industry and the CFPB.

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Most of the securitized single-family market is currently exempt, but only a tiny part of the commercial equivalent is. However, nonexempt commercial will get more expensive to issue, and the single-family exemption could change.

The Fed's hotly-anticipated road map outlining plans to speed up the U.S. payment system will call for the creation of several industry-led task forces and recommend building a new infrastructure to facilitate real-time payments.

A top enforcer for the SEC says the agency is worried that banks are concealing asset risk while also discussing his strategy for uncovering wrongdoing by banks and other firms.

The risk retention rule unveiled Tuesday was hailed by the industry for its definition of a "qualified residential mortgage," but analysts say a comeback for private-label securitization still faces huge obstacles.

Regulators are finally ready to unveil a final risk retention rule, but whether the new regulation provides enough certainty to jumpstart the securitization market is an open question.

The GSE regulator's second attempt to stimulate the mortgage market is receiving a lukewarm reception from lenders, who remain gun-shy after being forced by Fannie and Freddie to repurchase billions of dollars in soured loans since 2008.
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Concerns still remain among community bankers that examiners could push individual community banks to undergo stress tests, even if the agencies refuse to make it mandatory.

An executive order signed by President Obama on Friday that mandated the adoption of chip and PIN technology in government cards and enabled its use in facilities like Post Offices smacks of politics over substance, analysts said.
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The student lending industry argues that the problems the CFPB is finding in the market are more related to federal loans than private ones and disagree with the agency's push to allow student loans to be charged off in bankruptcy.
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A principles document on corporate governance from the international Basel Committee is another sign of supervisors' mounting interest in how management culture affects business decisions.

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