PayThink

The Consumer Financial Protection Bureau finalized clarifications, which were first proposed in April, to its ability-to-repay and mortgage servicing rules Wednesday.

Inconsistent calculations and disclosures usually make it impossible for investors to distinguish differences in credit risk from differences in measurement practices when comparing banks.

Developers should consider incorporating rewards and other tools such as receipt tracking in new mobile payment applications to promote broad adoption.

Sens. Elizabeth Warren, D-Mass., John McCain, R-Ariz., Maria Cantwell, D-Wash., and Angus Kin, I-Maine proposed a bill that would reinstate the 1930s-era Glass-Steagall Act.

While the Federal Reserve’s exclusion of trust-preferred stock from Tier 1 capital is understandable, an analysis shows cumulative preferred stock can absorb losses at times of distress.

The Office of the Comptroller of the Currency has named a new senior deputy comptroller for large banks.

Applying the latest statistical techniques to measure operational risks lulls us into a false sense of analytic security and desensitizes management to the important qualitative aspects of controlling such exposures.

The bill may be a bridge between the advocates of a purely private market and those who favor some role for the federal government in housing.

Six regulatory agencies proposed an exemption from appraisal requirements for three types of higher-priced mortgage loans.

The Consumer Financial Protection Bureau issued bulletins on Wednesday warning any companies collecting debt that they would be held accountable for unlawfully dealing with consumers.