Joe Adler

A sharp rise in noninterest income — including gains on asset sales — helped banks and thrifts record their best quarterly earnings total in six years, the Federal Deposit Insurance Corp said Tuesday.

Rep. Jeb Hensarling is criticizing a provision in a House-approved immigration bill that would extend higher guarantee fees at the government-sponsored enterprises.

President Obama formally approves confirmations of Martin Gruenberg to run the FDIC and for Thomas Hoenig to be the vice chairman.

FDIC board member Thomas Hoenig proposes corresponding a bank's required capital minimum to its Camels rating and subjecting big banks to more detailed exams.

As policymakers mull the future of U.S. mortgage policy, Federal Housing Finance Agency chief Ed DeMarco sees a potential starting point in an entity he does not regulate: the Federal Housing Administration.

Sen. Bob Corker said Wednesday he plans to oppose extending the Transaction Account Guarantee program, just days after the Senate's top Democrat proposed a two-year renewal.

Senate Majority Leader Harry Reid has sponsored a stand-alone bill to give the Transaction Account Guarantee program another two years, but its passage is not a slam dunk.

Regulators released new details on how they will enforce restrictions on charter swaps by troubled banks.

Housing industry officials applauded the CFPB's bid to streamline mortgage disclosures, but they are now expressing concern about the more inclusive APR requirements and limits on changes in costs that can vary over time.

As it dissolves in the wake of anti-money laundering violations, First Bank of Delaware Owes $15 million to Uncle Sam.

The Consumer Financial Protection Bureau issued a stark warning to mortgage lenders and brokers on Monday, arguing they must stop running "potentially misleading advertisements," including those targeting veterans and older Americans.

WASHINGTON — State regulators in Georgia closed the $125 million-asset Hometown Community Bank in Braselton late Friday, stretching the industry's failure toll this year to 50.

The Consumer Financial Protection Bureau says it will delay the effective date of new disclosures about escrow accounts and other items as the agency crafts a broader overhaul of mortgage forms.

A Holiday album from John Travolta and Olivia Newton-John may spur a rash of bank failures and spur the Fed to act, according to the satirical newspaper The Onion.

While it's unlikely Congress will enact a bill solely devoted to extending full FDIC coverage for transaction accounts, the "lame-duck" session does allow several opportunities for renewing the deposit insurance program.

The Senate late Thursday confirmed the top two senior officials to lead the Federal Deposit Insurance Corp. following months of uncertainty.

Tom Hoenig, a FDIC board member, reiterated his doubts that too big to fail has been eliminated, and offered his prescriptions for strengthening the system.

WASHINGTON — Bank and credit union regulatory agencies issued additional guidance late Wednesday endorsing "prudent efforts" by financial institutions to aid customers affected by Hurricane Sandy.

With financial institutions worried the Consumer Financial Protection Bureau will hinder business innovation, the agency on Wednesday argued that one of its mandates is the exact opposite.

The New York Democrat, a senior member of the Senate Banking Committee, has secured his role as vice chair of the Democratic conference and chair of the Senate Democratic Policy and Communications Center for another term.