In an August 2009 meeting, Larry Roth, the chief executive of Advisor Group, was blunt about how much the massive taxpayer bailout had damaged the American International Group name.

FBI raids seeking documents from three hedge funds are related to a series of insider trading investigations being directed by the office of Manhattan U.S. Attorney Preet Bharara, according to a person familiar with the probes.

Counselors have typically been young, about 30 on average, but according to David Jones, the president of the American Association of Independent Consumer Credit Counseling Agencies, more older people are entering the field.

The groups applauded a proposal to establish minimum GSE capital requirements, but called for more immediate steps to release the companies from conservatorship.

Risk management and technology systems at the Federal Housing Administration lag decades behind Fannie Mae and Freddie Mac and desperately need to be revamped, according to a top official at HUD.

The bill aimed at helping struggling homeowners also requires documentation of servicer behavior and FHFA evaluation of the services provided to borrowers.

Like their counterparts in the U.K., U.S. regulators should be working closely with the private sector to establish principles and guardrails to direct and focus tech advancements in ways that will protect consumers and financial stability.

Variables unique to the past year, such as the effect of government stimulus, are not fully considered in typical credit scores. For a more complete picture, the industry should accelerate a digital transformation in scoring models.

Companies that can pay people quickly and flexibly will have an advantage, says Payslip's Fidelma McGuirk.