PayThink

The Federal Reserve Board just gave the biggest banks in the United States a $4 billion annual present and flagrantly disregarded the law to do so.

The title alone speaks volumes about an era when women had yet to gain the right to vote: "A Financial Courtship."

A July 1 BankThink piece asserted that retiring FDIC chairman Sheila Bair should be the next Treasury secretary. However, Ms. Bair's background and performance as FDIC chairman strongly suggests she would not be a good choice.

Another instance of an allegedly wrongful seizure of a home has surfaced in Florida.

Even if Congress and the Obama administration allow federal loan limits to fall back to pre-crisis levels in October, as expected, the limits will still be higher than they need to be, professors at The George Washington University School of Business have determined.

In finalizing its rule on the licensing and registration of loan officers, the Department of Housing and Urban Development reversed course and is now suggesting that employees working on loan modifications for mortgage servicers should be licensed by the states, says Kris D. Kully, a lawyer at K&L Gates LLP.

A three-judge appellate panel has reinstituted foreclosure proceedings against a Miami couple who created a fake promissory note and convinced a trial judge to discharge their entire mortgage debt.

Inquiring minds have been dying to know: who was Elizabeth Warren rushing to meet when she left a House Oversight subcommittee hearing after a dispute with the chairman?

Another week, another theft of an entire automated teller machine.

The email addresses and unencrypted passwords of all 300,000 of a Groupon subsidiary's users have been exposed, StorefrontBacktalk reported June 30.