PayThink

These types of schemes rarely pay off in the end, and they certainly never represent an efficient use of funding. Banks would, therefore, be well-advised to make some immediate price-structure changes.

Consumer Financial Protection Bureau Director Richard Cordray debunked myths on Thursday about the agency's new mortgage rule.

Reduced lending, fewer leaders in times of crisis and less innovation – that’s what we’d have if only the biggest banks were allowed to survive.

Treasury Secretary Jack Lew said Thursday that regulators will release a strict version of Dodd-Frank's Volcker Rule that would ban proprietary trading and investment in hedge and equity funds by banks.

Nacha says the industry wants faster processing and is “working to make it happen in a way that is a win-win for all.” The biggest banks are in no rush.

As consumer groups turn their attention to smaller institutions, they bring lending disparities to regulators’ attention. The regulators seem to take these issues more seriously than during bank megamergers’ heyday.

There seems to be undue emphasis being placed on a provision that, generally, would have done nothing to avoid the recent financial crisis. Ultimately, however, the Volcker Rule has to be judged like any other regulation: do its benefits outweigh its costs?

The Consumer Financial Protection Bureau finalized a rule Tuesday that allows it to examine any nonbank servicer that handles more than one million student loan borrower accounts.

Ignoring the effects of loan seller origination, sourcing, and servicing processes in a post-GSE secondary market could generate losses for taxpayers.

Following tectonic shifts in the video rental industry, the very Blockbuster stores that were just yesterday a competitive advantage rather quickly became an albatross. That type of chain of events is one that bankers need to be especially on guard for.