PayThink

A response to Bill Isaac's Aug. 13 post, "Why Payday Loans are Good for Millions of People."

The Summers vs. Yellen scrum is a fascinating nomination contest, and not just for the obvious reasons.

Simplification of the Basel capital rules — the topic of my first post — will get a full airing at the Salzburg Global Seminar's upcoming confab.

The Occupy Wall Street protests a few years ago set the stage for the coming return of fair-lending gadflies like the "mother of CRA," Gale Cincotta.

House Financial Services Committee Chairman Jeb Hensarling is "cautiously optimistic" that the House will vote this fall on his bill to reform the mortgage finance market and hold a conference with the Senate to resolve policy disagreements.

Declining interchange revenue translates into consumers paying more for the products and services (that in many instances were once free), with no corresponding decrease in retailer prices.

The Consumer Financial Protection Bureau and the Justice Department announced last week that they are investigating PNC Financial Services' mortgage lending. The probe into the Pittsburgh-based bank's mortgage pricing is causing some to worry that regulators are preparing to investigate other large banks for alleged loan discrimination.

Banking has lost its recruiting luster at a critical time. To attract the best, the industry must regain people’s trust.

For fans of stress-testing, the IMF has a new primer on what it takes to make one credible.

As they push to have over-the-counter derivatives cleared with central counterparties, regulators must not let these clearing houses become systemic risks themselves.