WASHINGTON U.S. regulators finalized a securities risk retention rule on Tuesday designed to set the stage for the future of the secondary mortgage market.
WASHINGTON The Consumer Financial Protection Bureau finalized a rule Monday that will allow institutions that limit the amount of customer data they share to post annual privacy notices online rather than by paper delivery.
The House Oversight Committee has turned its focus from the Justice Department's Operation Choke Point to FTC investigations that target payment processing firms.
WASHINGTON The Office of the Comptroller of the Currency officially named Kathy Murphy as the senior deputy comptroller for management and chief financial officer on Friday.
FHA commissioner Galante initiated the handbook rewrite to provide more detail and certainty for lenders.
The Supreme Court said Thursday it would hear a case related to the use of "disparate impact" theory to pursue entities for unintentional discrimination, a move that could have significant ramifications for banks.
WASHINGTON Loans for manufactured homes typically come with higher interest rates and fewer consumer protections than more conventional mortgages, the Consumer Financial Protection Bureau said Tuesday.
The investigative story alleging weak supervision by the Federal Reserve Bank of New York has sent shockwaves through the regulatory community, but whether it will lead to any change of course in policy is still an open question.
The Consumer Financial Protection Bureau's action against Flagstar Bank on Monday marked a series of firsts for the agency, including the first time it enforced its new mortgage servicing rules and the first time it banned a servicer from servicing new loans until fixes are made.
WASHINGTON Michigan-based Flagstar Bank will be required to pay $37.5 million in restitution and fines over regulatory allegations it blocked struggling homeowners from receiving foreclosure relief, the Consumer Financial Protection Bureau said Monday.
Regulatory actions taken against U.S. Bank on Thursday proved once again that vendor relationships, even former ones, can cost a bank for years to come.
Officials sitting on the Basel Committee announced progress on a Net Stable Funding Ratio and other measures being developed by the international regulatory body.
Speaking at American Banker's Regulatory Symposium, Federal Deposit Insurance Corp. Vice Chairman Thomas Hoenig said complex firms should not discount regulators' warnings of heightened supervision if their 2015 resolution plans fail to impress.
A panel at American Banker's Regulatory Symposium about the Department of Justice program featured a spirited debate about whether it is prudently fighting fraud or cooling banks' relationships with legal businesses.
Industry groups have urged the bank regulators to implement more wholesale changes in the second review mandated by a 1996 law, saying the outcome of the first review was disappointing.