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Cameron and Tyler Winklevoss's Gemini Trust Company LLC has gotten a New York State regulator's blessing to trade another kind of cryptocurrency on its bitcoin exchange.
May 5 -
The finance industry pushed back against a proposal by the Consumer Financial Protection Bureau Thursday that would ban arbitration clauses in consumer contracts.
May 5 -
Going forward, Fannie Mae will be relying more on loan guarantee fee income from its single-family and multifamily businesses.
May 5 -
Presumptive GOP presidential candidate Donald Trump's pledge to replace Fed Chair Janet Yellen with a Republican is a break from recent presidential tradition and might further politicize the central bank, observers said.
May 5 -
Requirements that banks share anti-money-laundering information should extend to fraud and cyber risks, to connect the dots between bad actors and their transfer of money.
May 5
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Fannie Mae will make a $919 million dividend payment to the U.S. Treasury Department after reporting a first-quarter profit driven by fees for guaranteeing loans against default and credit-related income.
May 5 -
Students with excess cash but no bank account have fallen victim to predatory financial vendors, but the government can take steps to bypass the middleman.
May 5
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The Consumer Financial Protection Bureau is set on Thursday to issue a proposal that would ban the use of arbitration clauses that prevent consumers from bringing class action lawsuits. The proposal on arbitration is a major setback for the financial services industry, which will face potentially higher expenses to defend lawsuits.
May 5 -
The Treasury Department will release a white paper next week outlining "research and recommendations' related to marketplace lending as a capstone to its nearly yearlong inquiry into the fast-growing industry.
May 4 -
The Federal Housing Finance Agency announced Wednesday it had raised a cap on the amount of multifamily loans Fannie Mae and Freddie Mac can buy from lenders, boosting it to $35 billion effective immediately.
May 4



