Law and regulation

WASHINGTON — The Consumer Financial Protection Bureau finalized a rule Thursday that requires lenders to collect more information from borrowers as part of mortgage disclosures.

Executives in the mortgage industry must "take a page from the real estate community" and be more active in Washington and their state capitals, said outgoing Mortgage Bankers Association Chairman Bill Cosgrove.

Synchrony Financial has received regulatory approval for moves that will let the credit card lender cut ties with its longtime parent, General Electric.

WASHINGTON — Bank lending is growing mildly, buoyed by strong consumer spending and an improving real estate market, while lending related to other areas of the economy have stagnated or contracted, according to a report issued Wednesday by the Federal Reserve Board.

WASHINGTON — The Consumer Financial Protection Bureau is raising red flags about the servicing of old federal student loans that were once originated by private lenders.

Democrats clashed over banking reform Tuesday night during the party's first primary debate, underscoring the sharp divide with GOP candidates on Wall Street issues.

This week marks the fourth anniversary of the "Durbin amendment," a defective law directing the Federal Reserve to impose price-controls on debit interchange fees.

The Democratic presidential candidates sparred over Wall Street reform Tuesday evening, debating how to best tame the banking industry roughly seven years after the financial crisis.

Since the G20 agreed in 2009 to route most over-the-counter derivatives through central counterparties, or CCPs, regulators have been increasingly concerned that those centers could pose a catastrophic risk to financial stability if they fail. But a years-long standoff between the U.S. and Europe is delaying efforts to deal with the risks they pose.

New York state's banking regulator reached an agreement with Société Générale to retain records from an online messaging service and issued guidance for other banks in its jurisdiction that plan to use the messaging service.

Democratic presidential front runner Hillary Clinton last week became the latest presidential candidate to outline her views on Wall Street reform, taking an incremental approach that tried to strike a balance between pleasing the liberal base while not taking a radical stance on issues. Following is how her plan compares with her competitors, both Republican and Democrat.

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As if there were not enough unanswered questions about efforts to pass regulatory relief legislation, the sudden turmoil in the Republican House leadership this week adds another fresh layer of uncertainty.

Congressional Bancshares in Bethesda, Md., has received regulatory and shareholder approval to acquire American Bank in Rockville, Md.

Outside experts have been left wondering what kinds of controls firms that offer daily fantasy sports contests are putting in place to prevent them from becoming money laundering hubs — and how careful banks should be when doing business with them.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Democratic presidential front-runner Hillary Clinton’s first major speech on Wall Street reform Thursday is unlikely to persuade skeptics on the left that she is committed to going further than President Obama on the issue. Here’s why.

The Federal Reserve Bank of New York has appointed a new leader of its bank supervision arm, the bank announced Thursday.

WASHINGTON — The Consumer Financial Protection Bureau warned lenders Thursday to avoid marketing services agreements where payment for advertising is really just disguising kickbacks.

The Federal Deposit Insurance Corp. has a new Chief Information Officer.