Law and regulation

Steve Bartlett is joining Treliant Risk Advisors early next month. It'll be a part-time gig, but the former Financial Services Roundtable CEO plans to make Treliant his home base for the range of consulting work he's picked up since leaving the Roundtable late last year.

WASHINGTON — Regulators have officially gone back to the drawing board in trying to implement Dodd-Frank Act restrictions on securitized mortgages.

A heavyweight panel including former bank regulator Sheila Bair cautioned Wednesday that the Federal Reserve must take a clear and steady direction out of its "experimental" monetary policies so as not to further harm the economy.

The Federal Reserve Board said it will appeal a judge's decision invalidating the central bank's interchange fee cap, while both the Fed and merchant groups asked for more time before the lower court ruling takes effect.

According to a report released by the Consumer Financial Protection Bureau, mortgage servicing issues continue to be a significant problem despite the efforts of a renewed focus after the foreclosure crisis.

The group unveiled a new white paper Wednesday that outlines two alternative proposals for integrating affordable housing into the larger mortgage finance reform debate.

The Federal Reserve Board will appeal a court ruling that calls for the central bank’s debit swipe fee cap to be invalidated, its top lawyer said.

Despite better-than-expected returns so far, industry observers believe that the Treasury Department will take larger haircuts at is unloads less desirable stakes in banks.

Mortgage servicing issues continue to be a significant problem despite a renewed focus on the area in the wake of the foreclosure crisis, according to a report issued Wednesday by the Consumer Financial Protection Bureau.

Morgan Drexen, a debt-relief provider, is being sued by the Consumer Financial Protection Bureau for false marketing a month after the same company filed suit against the agency.

Policymakers and law enforcement should work with the Bitcoin community to realize the potential benefits of censorship-resistant money—and to develop tools and techniques to address the technology’s potential misuse.

Sen. Elizabeth Warren, D-Mass., is pressuring the Department of Justice for more details related to payments made to the Federal Housing Administration as part of the $25 billion mortgage servicing settlement announced last year.

With a wave of mergers and acquisitions inevitable, a new set of regulatory hurdles have evolved for large financial entities and community banks alike.

VantageSouth Bancshares in Raleigh, N.C., plans to sell up to $50 million of preferred stock to leave the Troubled Asset Relief Program.

Alex Dunlap, the former director of debt sales for Wells Fargo, has left the bank for Flock Specialty Finance. His move comes after Wells stopped selling unpaid consumer loans to outside buyers and as regulators crack down on banks' debt collection practices.

The former Fed vice chair is a logical alternative to Janet Yellen and Larry Summers. He's got the central bank and industry experience, plus his confirmation would make history.

The Consumer Financial Protection Bureau said Tuesday that it is suing Morgan Drexen, a debt-relief provider, for false marketing a month after the same company filed suit against the CFPB.

The meaning of the term "underbanked" has evolved considerably over the last 30 years, and its definition today makes little sense.

FNBH desperately needs capital after regulators shot down a plan that had a hefty percentage of debt. The company is hoping an equity infusion by a big investor will help it get on track.

Decades in Washington are bound to make any lawmaker a little cynical, but former Rep. Barney Frank says Netflix's hit drama "House of Cards" goes too far.