PayThink

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

The Consumer Financial Protection Bureau penalized two nonbank mortgage lenders, Mortgage Master and Washington Federal, for failure to properly comply with the Home Mortgage Disclosure Act of 1975.

A law intended to make the National Flood Insurance Program sustainable could force many owners out of their homes and hurt the housing recovery.

A lesson for Congress in liquidity risk and market contagion.

Proposals for a supplemental leverage ratio would treat cash, and the safest cash-like assets, like any risky asset. This may discourage banks from keeping their current high levels of liquidity.

Ten large U.S. and European banks are using software from Digital Reasoning to uncover employees' corrupt activities.

As the world accelerates toward faster and contactless payments, the U.S. has been reinforcing checks, avoiding global payments standards and pursuing closed-loop innovations that further isolate it.

With the CFTC on hiatus during the government shutdown, the industry should take the opportunity to consider the potential damage for a market that has become integral to banking.

The Consumer Financial Protection Bureau has decided to pull its enforcement attorneys from exams with financial companies after banks declared their opposition of their presence.

Janet Yellen shouldn't have needed anyone's help to be nominated to lead the Fed. Her tortuous path underscores the importance of rallying around qualified women candidates for industry leadership positions.