Rachel Witkowski | May 10
The $9.3 billion foreclosure settlement might not have provided a lot of monetary relief, but it provided plenty of comic relief for viewers of the Daily Show.
Katie Gillespie | May 10
After receiving thousands of complaints from consumers, the Consumer Financial Protection Bureau is encouraging private student lenders and the government to help lower payments for borrowers.
Donna Borak | May 10
The Fed chairman highlighted ongoing efforts to monitor threats and vulnerabilities in four critical areas: systemically important financial institutions, shadow banking, asset markets, and the nonfinancial sector.
Kenneth H. Thomas | May 10
Banks, conflicted by moral hazard, will always fight for maximum FDIC coverage at the least possible cost, since the FDIC is ultimately backed by Other People’s Money.
Rachel Witkowski | May 09
Federal Reserve Board Gov. Elizabeth Duke expressed concerns Thursday that new mortgage rules released in January could hold back the flow of credit for weaker borrowers in the current "murky" mortgage market.
Joe Adler, Jeff Horwitz | May 09
California accused JPMorgan of illegal tactics to sue thousands of credit card borrowers behind on their debts, including "robo-signing."
Donna Borak | May 09
International regulators and the institutions they supervise are objecting to a proposal by the Federal Reserve Board that would toughen oversight of foreign institutions operating in the U.S.
Donna Borak | May 09
Federal Housing Finance Agency Acting Director Edward DeMarco outlined two strategies on Thursday to help draw private capital into the housing market to replace Fannie Mae and Freddie Mac.
Chris Cumming | May 09
Unity Bancorp (UNTY) in Clifton, N.J., is set to redeem half of the preferred shares it issued through the Troubled Asset Relief Program.
Kate Berry | May 09
The share of all loans that were at least one payment past due or in foreclosure fell to 10.3% in the first quarter, the lowest level in four years, the Mortgage Bankers Association said Thursday.
Harry Terris | May 09
In three years of “say-on-pay” votes since Dodd-Frank, investors have widely acquiesced to double-digit increases in bank executive compensation.
Esther George | May 09
The president of the Kansas City Fed responds to the ABA's James Chessen.
Donna Borak | May 09
Comptroller of the Currency Tom Curry said regulators should take another look at the leverage ratio as part of a Basel III rule, another sign that the agencies are considering raising the standard.
Michael A. Bopp, Arthur S. Long and Robert C. Eager | May 09
The Fed should ditch tailored versions of bank-centric rules for ones that build on current nonbank regulation and are informed by comments received in the pending rulemakings.
May 09
Fannie Mae will pay the Treasury Department $59.4 billion after reporting a record quarterly profit driven by rising home prices and declining delinquencies.
