Washington

HomeStreet (HMST) in Seattle has filed to sell up to $125 million in securities.

Multiple bidders are the new normal in bankruptcy auctions of banks. Case in point is Banner Corp., which anticipates at least one competing offer for Idaho Banking in Boise. Some banks are increasingly letting an initial bidder bear the preparatory expense before swooping in with a higher price.

WASHINGTON — CUNA and NAFCU recently asked NCUA — for a second time — to extend the comment period on the proposed risk-based capital rule another 90 days, and once again the agency said no.

LONGVIEW, Wash. — Cowlitz CU here has announced that it will merge with Red Canoe CU.

WASHINGTON — The Consumer Financial Protection Bureau unveiled a new pilot program Wednesday designed to allow consumers the ability to electronically review and file mortgage closing documents.

WASHINGTON — In a move that will surprise no one, Sen. Elizabeth Warren pulls no punches calling out bankers and Washington insiders in her just-released memoir.

WASHINGTON — Congress is still out for recess, but the credit union lobby is gearing up for two important hearings in the Senate when members return next week.

Washington Federal (WAFD) in Seattle reported higher quarterly profit because of an improved deposit mix, increased fee income and loan growth.

WASHINGTON — Questions are being raised about whether Senate Banking Committee leaders will delay a pending vote on their mortgage finance reform bill as they struggle to secure additional votes.

ALEXANDRIA, Va. — NCUA's Central Liquidity Facility showed positive performance trends during the first quarter of 2014, with stock dividend rates increasing to 0.25%, the regulator announced Friday.

WASHINGTON — A bill introduced by Republican Sen. Dan Coats could reduce some of the regulatory burden on the backs of financial institutions below $10 billion in assets.

WASHINGTON — NCUA's testimony before the House Financial Services Committee earlier this week has some within the credit union community saying the regulator may have opened the door a little wider for federally insured CUs to gain access to supplemental capital.

Riverview Community Bank in Vancouver, Wash., has been freed from a formal agreement with the Office of the Comptroller of the Currency.

WASHINGTON — The Internal Revenue Service has backed down in its dispute with the credit union community over unrelated business income tax and cleared almost all CU products at stake in related litigation.

The Federal Reserve's retail payments office announced Monday that it "fully supports" the most recent push within the financial services industry to speed up electronic payments.

WASHINGTON — NCUA General Counsel Michael J. McKenna told the House Financial Services Committee Tuesday that 70% of new rules put in place by the agency since last January have provided regulatory relief to credit unions without incurring additional costs.

WASHINGTON — The House Financial Services Committee is scheduled to hold a hearing Tuesday morning with senior regulatory officials to explore the costs of recent rulemakings and other agency actions.

WASHINGTON — Federal Reserve Board Gov. Jeremy Stein on Thursday submitted his letter of resignation to President Obama.

WASHINGTON — With cyber attacks on the rise, members of the Federal Financial Institutions Examination Council (FFIEC) Wednesday issued warnings to financial institutions.

WASHINGTON — Sens. Mark Warner, D-Va., and Mark Kirk, R-Ill., unveiled legislation on Wednesday to increase fraud protections for debit card customers.