Law and regulation

The Federal Reserve Board released a proposal that would overhaul the way regulators will supervise foreign banks within the U.S. This approach would be a significant difference from the board's current case-by-case method.

The role of the federal government in housing is the first question that needs to be answered, putting aside political rhetoric and preconceived notions about the subject.

The National Credit Union Administration has sued a JPMorgan Chase (JPM) unit claiming Bear Stearns & Co., which it acquired in 2008, used misleading documents in selling $3.6 billion in mortgage-backed securities to four corporate credit unions that later failed.

The Consumer Financial Protection Bureau released a guide Monday to how its examiners will review any private student lender to ensure compliance with applicable consumer financial laws.

With just two weeks before the end of the year, there is a lot going on in Washington. Rather than tell you all the stories happening, we thought we would boil it down to the essential stories from D.C. last week. If you haven't read these, you're missing out.

Federal Reserve Board Gov. Jeremy Stein on Monday underscored the need to reform the way the U.S. central bank regulates foreign banking firms that rely heavily on short-term funding.

Some struggling homeowners left out of current mortgage-aid programs because their loans have been packaged into private securities could see their interest rates cut through a subsidy being considered by the Treasury Department.

Some are in new roles, some taking their banks in new directions and others most definitely on the hot seat. All eyes will be on these chief executives in the year ahead.

Michael Perry will pay the FDIC $1 million in cash from his personal funds, while the FDIC can seek the rest from Perry's professional liability insurers.

WASHINGTON — Community Bank of the Ozarks in Sunrise Beach, Mo., became the nation’s 51st failed bank of the year late Friday after it was closed by state regulators.

Deposits in accounts temporarily protected by unlimited insurance represented more than 10% of assets at more than 900 banks at Sept. 30

After spending nearly a year deliberating on an approach, the Federal Reserve Board on Friday released a proposal that will overhaul the way regulators will supervise foreign banks that operate in the United States, a significant shift from its longstanding case-by-case method.

Retiring Massachusetts Rep. Barney Frank, who chaired the House Financial Services Committee when the Democrats last held control, offered a mea culpa Wednesday to the incoming chairman of the panel, Rep. Jeb Hensarling.

Brian Moynihan said Friday the housing market continues to improve, but warned that a full transition to a largely privatized mortgage finance system is years, if not decades, away.

An activist investor group has threatened to file a lawsuit against Orrstown Financial Services (ORRF) unless the Shippensburg, Pa., company makes certain changes to its bylaws.

Only one day after Federal Reserve Board Chairman Ben Bernanke announced that regulators are close to finalizing the Volcker Rule, House Republicans continue their attack.

Bank regulators have lifted a memorandum of understanding against Timberland Bank nearly three years after the bank was hit with the enforcement action.

The Consumer Financial Protection Bureau issued a proposal which would allow banks to test different disclosure programs on consumers. The testing would make disclosures more succinct and cost-effective.

Majority Leader Harry Reid's proposed two-year extension of the Transaction Account Guarantee has been put to a stop.

Comedian Stephen Colbert singled out Jamie Dimon and his bank as "the dopest financial services institution around" for its support of a concert benefiting Hurricane Sandy victims.