Opinions

The Consumer Financial Protection Bureau is seeking to permanently ban a credit provider in Texas from offering any services because of allegations that it ran a "sham credit card" business.

WASHINGTON — The Consumer Financial Protection Bureau is seeking to permanently ban a credit provider in Texas from offering any services because of allegations that it ran a "sham credit card" business.

Efforts by investors in the government-sponsored enterprises to find a more friendly court to challenge the government's management of Fannie Mae and Freddie Mac fell flat in Iowa.

WASHINGTON — The acquirer of a for-profit college chain sued by the Consumer Financial Protection Bureau will forgive over $480 million in student debt under a deal announced Tuesday.

The CFPB's "Safe Student Banking" initiative is designed to pressure students' educational and financial institutions into offering young people narrow options.

The Federal Deposit Insurance Corp. issued five consent orders in December, according to the agency's most recent summary of enforcement actions.

WASHINGTON — Lenders are concerned about the performance of syndicated leveraged commercial and industrial loans in 2015, a Fed survey said Monday, underlining regulators' worries that such loans may be a source of systemic risk.

Bank of America is following Wells Fargo by putting out for sale the last of its federally guaranteed student loans. The move should be positive for the bank, and in theory it may even have a chance to again reap returns tied to the loans, but without bearing all of the risk.

President Obama's 2016 budget plan tackled a host of big picture items for banking, including Dodd-Frank reform, CFPB funding, cybersecurity, as well as FHA and SBA lending. Here's what banks need to know.

President Obama is making a renewed push to boost funding for Wall Street's top cops after regulators said budget constraints were keeping them from enforcing rules put in place after the financial crisis.