PayThink

The attorneys general of eight states are requesting to join three other states in a lawsuit that challenges the constitutionality of the 2010 Dodd-Frank Act and the Consumer Financial Protection Bureau.

Changes to product offerings and pricing give the impression that the new bank does not have the customers' best interests at heart. Feeling undervalued is a key emotional reason they defect.

Sen. Elizabeth Warren and two other members of the Senate Banking Committee have spoken out against Republicans who seek to block Richard Cordray's nomination as director of the Consumer Financial Protection Bureau.

Congress is afraid to tackle this complicated and contentious issue, but the market badly needs positive signals from our lawmakers that provide certainty about the future of housing finance.

The oft-mischaracterized HUD disparate impact rule will discourage any race-based decision making and minimize lawsuits. Why would any mortgage lender want to continue a practice with a discriminatory effect but no business objective?

The Consumer Financial Protection Bureau plans to work with the mortgage industry throughout the year to help lenders comply with the new rules by the 2014 deadline.

Due to continuing struggles within global economies, the interconnected financial framework requires higher levels of capital, liquidity and investments in assets that can objectively be considered safe.

Retail banks must start innovating, improve integration across channels and consider charging fees for services to maximize their return on investment.

Republicans continue to call for the CFPB to adopt a five-person board instead of having a single director. Similar calls are almost never heard regarding the Office of the Comptroller of the Currency.

Senate Banking Committee Chairman Tim Johnson, D-S.D., released the panel's agenda for the 113th Congress on Tuesday. Among many of the issues unveiled was an emphasis on continued oversight of the Dodd-Frank reform law.