Law and regulation

Chris Peterson recently suggested cities should require payday lenders to describe themselves as "predatory" on storefront signs. Now he's a senior counsel to the CFPB.

To ensure covenants are satisfied, loan syndicates obtain private information that would give an equity market maker an advantage. Reinstating Glass-Steagall may be the only way to prevent reuse of such information.

The agency is working on rules to make home lending more transparent – and on a lot of other things too.

Fed Chairman Ben Bernanke said the central bank has taken steps to ensure its examiners are not artificially constraining lending.

The Consumer Financial Protection Bureau detailed rules Wednesday that would impose new limits on origination points and fees, and prohibit certain kinds of originator compensation.

The National Reverse Mortgage Lenders Association has asked a federal regulator to craft a 'qualified mortgage' rule specifically for private reverse mortgages.

In a largely party-line vote, the House adopted an amendment that would bar the Justice Department from excluding mortgage bond investors from any future settlement talks.

As Paul Volcker and Tom Hoenig address government's policies for handling interconnected firms, Ohio Sen. Brown introduces bill to strengthen caps on an institution's liabilities.

The Federal Reserve said Wednesday it approved the expansion of the U.S. operations of three of China's largest banks, including the first acquisition of a U.S. bank by a Chinese bank.

At a House hearing Wednesday, small banks testified that the cumulative burden of regulations is taking a huge toll.

In their path-breaking 2009 book "This Time Is Different: Eight Centuries of Financial Folly" economists Carmen Reinhart and Kenneth Rogoff conclude it never is.

Bankers and prepaid card executives defended the industry’s much-criticized fees on Wednesday, saying that prices and practices have improved as the industry has matured.

The former Tarp special master calls for a "sea change" in how banks and other corporations determine pay.

With Volcker and Hoenig scheduled to speak on TBTF policies, Ohio Sen. Brown introduces bill to strengthen caps on an institution's liabilities.

The legislation would ban high-to-low reordering of transactions and limit the number of overdraft fees that a bank can charge each year.

Some banks are missing out on a large opportunity to offer prepaid cards to potential customers, 15% of whom get turned down for traditional products, according to prepaid specialist The Bancorp.

B of A's annual meeting drew hundreds of protesters, and shareholders complained to CEO Brian Moynihan about the company’s foreclosure practices.

Freddie Mac has picked a former chief executive of an online securities brokerage firm to be its new CEO, according to published reports.

Without solid corporate governance, a bank is rudderless in a sea of competing interests, so efforts to improve it are central to reforming our financial system.

Fannie Mae posted $3 billion in total "comprehensive" income in the first quarter, and then turned around and paid the U.S. Treasury $2.8 billion in dividends, according to figures released Wednesday morning.