PayThink

Abolish the public/private hybrid model of Fannie and Freddie, sell or liquidate their businesses, and privatize the mortgage market. This can be done in an orderly way in a few easy steps.

Breaking up big banks as way to score our pound of flesh post-financial crisis could result in increased unemployment, higher credit costs for all and a transfer of risk from banks to lightly regulated shadow financial institutions.

At a confirmation vote on Tuesday morning, the Senate Banking Committee was split down party lines in support of Richard Cordray, director of the Consumer Financial Protection Bureau. The panel voted in favor of Mary Jo White to serve as chairman of the Securities and Exchange Commission, with only one vote against her nomination.

Rewriting the longstanding structures of corporate law and the roles and responsibilities of bank boards could create chaos in the global corporate and financial structures.

There's an emerging bipartisan consensus on the way forward for the secondary mortgage market. But as Congress has punted, the FHFA is taking significant steps without hearings or public discussion.

If done right, the Fed's stress tests will motivate a renaissance in enterprise risk assessment, breaking the black box and bringing needed transparency to banks' exposures.

Capital requirements for community banks should be raised outside of the Basel III process and through a much more simplified system of risk-weighted assets.

Three things are driving the growth of large banks: market demand, access to capital and regulatory burden created by existing and forthcoming legislation.

Credit Union Journal's Frank J. Diekmann explains why paying credit union boards could hurt the credit union movement.

Margaret Blankers, President of MJB Public Relations Group, explains why the National Credit Union Association board petition is worthy of the "uphill climb."