Law and regulation

A Treasury Department program that supplies credit to small businesses spurred $1.9 billion in loans and created or saved 53,000 jobs in its first 18 months of operation, the department says.

Several Native American tribal leaders who were looking to block a civil investigation into their online payday lending practices have been denied by the Consumer Financial Protection Bureau.

Democratic lawmakers including Senator Elizabeth Warren today demanded that eight U.S. banks produce information about agreements they may have with colleges to encourage students to use their products.

Because third-party processors are on the hook for losses from fraudulent transactions, they have as much interest in eliminating bad actors as anyone.

Some bankers would liken the Consumer Financial Protection Bureau to "Saturday Night Live" 's famous land shark, but the agency is said to do its best work when — like a bunch of late-night TV writers — it invites broad input.

The Consumer Financial Protection Bureau on Thursday denied an appeal made by several Native American tribal lenders who were seeking to block a civil investigation into their online payday lending practices.

The Federal Housing Administration is facing a bailout for the first time in its almost 80-year history, raising a host of fresh questions about the potential for standalone legislation to the reform the agency.

The Federal Reserve Board has ordered SunSouth Bancshares of Dothan, Ala., to strengthen its board.

The number of foreclosures and "seriously delinquent" loans fell to their lowest levels since the financial crisis started while 90.6% of mortgage portfolios continued to perform well. Still, the number of loans past due by less than 60 days jumped slightly.

A bogus Florida bank is swindling consumers across the country with a fraudulent credit card scheme, according to the Office of the Comptroller of the Currency.

When it comes to financing the average middle-class American, our government-backed mortgage entities will accept nothing but the most pristine standards. Except when it comes to the millions of home loans for which the feds want lenders to toss standards out the window.

The Museum of American Finance on Wednesday opened its exhibit "The Fed at 100." It features artifacts and photographs that highlight the history, culture and social impact of the central bank, including this image of a New York Fed employee updating trading data on a giant chalkboard.

The problem isn’t evil prepaid companies and employers, but, rather, a lack of awareness and education about the products and options that are available.

Sen. Elizabeth Warren hinted at her views on GSE reform briefly Thursday, though it's still unclear whether she will support a bill introduced this summer by Sens. Bob Corker, R-Tenn., and Mark Warner, D-Va.

American Banker's Regulatory Symposium in Washington included several top regulatory, legislative and industry officials, including Comptroller of the Currency Tom Curry, HSBC USA CEO Irene Dorner, and Sen. Bob Corker, R-Tenn. Following are the highlights of their remarks.

As payments technology evolves, some are urging the Federal Reserve Board to take a leadership role in establishing guidelines and standards — whereas others are quick to argue against the notion.

Seacoast Banking Corp. of Florida (SBCF) in Stuart, Fla., has been released from all enforcement actions with the Office of the Comptroller of the Currency.

The FHA is expected to announce at the end of this month that it will need a bailout for the first time in its 79-year history.

The Federal Reserve Board announced Tuesday that banks with assets of less than $50 billion will have one year before they must adhere to Basel III standards for their stress tests and capital plans.

Certain conclusions can already be drawn about the effort to unwind Fannie Mae and Freddie Mac and set up an entirely new housing finance system, including whether it will include a controversial government guarantee.