Mortgage lenders are threatening to halt lending on condominiums in Nevada after the state Supreme Court upheld a law allowing homeowners associations to foreclose ahead of first mortgage holders.
Many lenders think home loans are off-limits for undocumented immigrants because they lack Social Security numbers, but higher-cost loans using borrowers' individual taxpayer identification numbers are available and being made by a handful of firms.
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.
The Federal Reserve Board issued a final rule Friday that will give banks an additional three months to comply with stress test requirements.
Federal Reserve Bank of St. Louis President James Bullard said he favors size limits for financial institutions to help boost stability.
Ken Pfeil, the chief information security officer for the Pioneer companies, shares the security measures he's taken to keep cybercriminals and malware exploits from affecting the infrastructure he oversees.
The risk that a trader will mistakenly enter an incorrect stock order is on the rise as mobile- and cloud-based platforms become more popular.
Sears' Kmart discount chain, the latest victim of hacker attacks on retailers, said it detected a security breach this week and is investigating the incident with law enforcement officials.
Regulators, in their efforts to shore up banking, should be careful not to sow problems elsewhere, JPMorgan Chase's CEO said in his first public comments since July, when he disclosed he had been diagnosed with throat cancer.
Independent originators could be shut out from offering this product as there is no secondary market.
Insurers flush with capital are rushing to grab part of an expanding cyber coverage market that's been spurred on by high-profile hackings at JPMorgan Chase and Home Depot.
The hackers who raided the data banks of JPMorgan Chase & Co. used computers now linked to possible attacks on at least 13 more financial companies, according to a person familiar with the investigation.
Citigroup, E*Trade Financial, Automatic Data Processing and Regions Financial were attacked by the same hackers that breached JPMorgan Chase, according to a person familiar with the matter.
Despite the many advantages of the public cloud, big banks remain leery of putting data there.