Law and regulation

Federal Home Loans Banks officials and others want more time to evaluate and comment on a Federal Housing Finance Agency proposal to restrict FHLB membership.

The HMDA's reporting requirements should be expanded to include loan performance data along with mortgage origination data so that researchers and policymakers can better understand the state of credit access in the U.S.

Former "American Idol" star Clay Aiken will face incumbent Renee Ellmers in a congressional debate hosted by the North Carolina Bankers Association.

The House Oversight Committee, which earlier this year admonished the Department of Justice over its tactics for combating fraud in the payments system, has turned its focus to the role of the Federal Trade Commission in the ongoing crackdown.

The life insurance giant became the second firm to seek an opportunity to contest its designation as "systemic" by the Financial Stability Oversight Council.

The House Oversight Committee has turned its focus from the Justice Department's Operation Choke Point to FTC investigations that target payment processing firms.

WASHINGTON — The Office of the Comptroller of the Currency officially named Kathy Murphy as the senior deputy comptroller for management and chief financial officer on Friday.

It's time for the Federal Housing Finance Agency to make good on Fannie Mae and Freddie Mac's funding obligations to two affordable housing programs.

A federal judge has dismissed an FDIC lawsuit against directors and officers of a failed North Carolina bank. The ruling has big implications for future cases that seek to hold senior bank management accountable for financial crisis-era failures.

A trade group for payment processors is accusing the Federal Deposit Insurance Corp. of improperly pressuring banks to cut ties with merchants in the pornography business.

FHA commissioner Galante initiated the handbook rewrite to provide more detail and certainty for lenders.

The Supreme Court said Thursday it would hear a case related to the use of "disparate impact" theory to pursue entities for unintentional discrimination, a move that could have significant ramifications for banks.

Two American Indian tribes so far have failed to prove that New York's top banking regulator exceeded his authority in cracking down on out-of-state payday lenders last year, an appeals court panel ruled this week.

The Federal Reserve must take steps to improve handling of complex settlements like the one reached with mortgage servicers over improper foreclosures, an internal watchdog said in a report.

Examiners will not require community banks to adhere to new risk governance standards, but they are likely to expect community bank boards to incorporate the guidelines' fundamental principles into their oversight.

A lawsuit filed by low-income housing advocates designed to force the Federal Housing Finance Agency to provide money to a housing trust fund has been blocked by a U.S. district court judge.

The complexity of the Volcker Rule means that it will be nearly impossible for banks to comply with its requirements within set time frames—and regulators risk wasting a lot of time trying to enforce the unenforceable.

Lenders desperately want to make potentially lucrative home loans to those with less-than-stellar credit, but only a few are willing to try given legal uncertainties. Here's how a few are designing their products to get a jump on the competition.

Doral Financial said the Federal Deposit Insurance Corp. has found it to be "significantly undercapitalized" and is requiring the company fix the problem immediately.

As the industry turns to online-only banking and partnerships with third-party retail distributors, it's getting harder to use geographical boundaries to define the communities that banks serve. That's why the CRA needs an update.