The Latest

Washington halts a move to update its 15-year-old MBL rule while the federal regulation undergoes a legal challenge

More than $100 billion in securitized commercial mortgages come due soon, many of them still underwater.

WASHINGTON – Parts of the revised resolution plans of the eight largest U.S. banks were released Tuesday, according to the Federal Reserve and Federal Deposit Insurance Corp.

The Idaho Credit Union League (ICUL) announced that its president and CEO Kathy Thomson will retire in January 2017.

Kern Schools FCU promotes trio of officials, retiring exec putting his ties to good use and more CU professionals in the news.

Wells Fargo, the lender grappling with a scandal involving unauthorized customer accounts, had its outlook lowered to negative from stable by Fitch Ratings.

The bank's fake account scandal is further reason to make the results of Wells' 2012 Community Reinvestment Act exam public.

The Federal Reserve said Tuesday that 19 private-sector proposals are now under review by nearly 500 members of two separate task forces, one of which was established to chart a path toward a faster payment system, and the other focused on payment system security.

The number of firms vying to build a faster U.S. payment system has been whittled down slightly.

Information security, internal controls, workforce planning and building renovations are priorities that the Consumer Financial Protection Bureau should quickly address, its inspector general said last week.