Joe Adler

President Obama's renomination of Richard Cordray, who has been running the Consumer Financial Protection Bureau under a controversial recess appointment, is garnering the same GOP concerns expressed when his name was first floated.

Some of the nation's biggest lenders said that savings from firing consultants doing foreclosure reviews would largely cancel out the cost of direct compensation to borrowers.

The industry trade association released the results from its simulation of an "orderly" Dodd-Frank wind-down, as well as a paper endorsing the FDIC's resolution approach.

Barney Frank is not the only person who thinks he would be a suitable temporary senator. His bid has now drawn the attention of a group that backed the Senate candidacy of Elizabeth Warren, architect of the Consumer Financial Protection Bureau.

The FDIC's point man on resolution planning says early submitters took the effort "seriously," but says process is still in early stages.

Sandra Thompson, The Federal Deposit Insurance Corp.'s supervision chief for the last seven years, is stepping down.

Dodd-Frank required mortgages with higher rates to face greater appraisal demands, but regulators have expanded the loans granted exemptions in a new final rule.

The Fed and OCC orders against JPMorgan required them to fix their internal controls related to its trading activities, but stopped short of requiring sweeping changes or mandating a monetary penalty.

Westside Community Bank in University Place, Wash., became the first failed institution of 2013 late Friday.

In speech to California bankers, comptroller indicates 'Volcker' trading ban and securitization rules could be completed soon.

The CFPB released rules Thursday that ban certain fees for modifying high-cost loans and expand the universe of loans protected by federal limits.

The CFPB released its long-awaited final rule laying out how lenders must ensure borrowers have the ability to repay a loan, including creating a carve-out for qualified mortgages.

While regulators have given U.S. banks extra time to comply with a contentious 'push-out' rule, many foreign banks are unintentionally ineligible for the relief, leaving questions about whether Congress or regulators will act to help them.

Bankers are expected to learn in 2013 what trades the Volcker Rule allows, what qualifies as a "qualified mortgage" and what it means to be "systemically important."

Political squabbles on Capitol Hill and the tight presidential race put key confirmations on the backburner in 2012, but confirmed regulatory leaders will speed up progress on many fronts next year.

Bankers are raising concerns that a new Financial Accounting Standards Board proposal that would allow banks to set aside reserves for future losses is too open-ended and might result in banks putting too much aside.

Bankers are applauding the opening salvo of a Federal Deposit Insurance Corp. project to focus on community bank troubles, but are already looking ahead to the next phases.

A yearlong FDIC research project charts the impact of consolidation and other pressures on small banks, but suggests continued viability for the sector.

In its first-year progress report on community banks, the FDIC details how it is responding to specific complaints outlined by institutions at roundtables earlier this year.

WASHINGTON — Community Bank of the Ozarks in Sunrise Beach, Mo., became the nation’s 51st failed bank of the year late Friday after it was closed by state regulators.