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The Federal Deposit Insurance Corp. board of directors approved stricter appraisal requirements for higher-cost mortgages with the release of a final rule on Tuesday. Federal regulators have also expanded the types of loans that will be exempt from the new standards.

Regulatory changes to the 1099-B, 1099-K and 1042-S forms, intended to help reduce the $450 billion tax gap, will make it much more difficult to avoid penalties and tricky customer service issues.

If the JPMorgan Chase board docks CEO Jamie Dimon's compensation only for the London Whale’s trading loss, he should consider himself fortunate that they are so myopic.

The Basel III liquidity plan is the latest case of a global rule hostile to local realities.

In a speech at a California Bankers Association conference on Friday, Comptroller of the Currency Thomas Curry said regulators are close to completing the 'Volcker' trading ban and securitization rules.

Amy Friend, the former chief counsel of the Senate Banking Committee is expected to rejoin the Office of the Comptroller of the Currency. Friend, who helped draft the Dodd-Frank Act, will be the OCC's top lawyer.

Expertise alone is insufficient without experience, and its byproduct: a "gut" feeling that enables a lender to separate the good credit applicant from the bad, the legitimate from the "con".

For decades, credit unions have treated insurance products as the redheaded stepchild to their core business. Pressure on net-interest margins, the need for fee income that comes from helping members and not dunning them, the focus on member retention by increasing products per household, and the major jump in online banking utilization rates-all of these factors are causing a few innovative credit unions CEOs nationally to rethink insurance.

It seems that a Mr. Sam Clemons, who was something of a steamboat pilot during the latter half of the 19th century, may have been onto something when he observed that there are three kinds of lies: Lies, Damn Lies and Statistics.

Arp Trivedi, manager of administration with Motion Federal Credit Union, explains how Smartsheet and Google Apps have given a boost to his credit union.