Opinions

With an eye on eliminating mortgage buybacks and adhering to increasing regulatory compliance obligations, mortgage lenders are redoubling their sales training efforts for both rookie and veteran loan officers.

Wells Fargo announced Wednesday that former Federal Reserve Board Gov. Elizabeth “Betsy” Duke is joining its board of directors.

WASHINGTON — The top Republican and Democratic spots on the House Financial Services Committee will remain unchanged in the new Congress.

Banks need risk managers with a "show me the money" mindset — that is, people who know how to use income statements and balance sheets to sniff out risky business activities.

As digital currencies become increasingly popular in Latin American countries, partnerships between banks and Bitcoin exchanges can help expedite cross-border transfers.

The Federal Housing Administration's mortgage insurance fund is finally in the black, but not strong enough that the agency is likely to lower premiums anytime soon.

The OCC bowed to industry pressure in late September to remove the word "ensure" from its heightened expectations guidelines for the biggest institutions after bankers argued it would create unintentional litigation risk for boards of directors. But few noticed a month later when the OCC inserted virtually the same language in its updated supervision policy on matters requiring attention.

WASHINGTON — The Federal Deposit Insurance Corp. finalized a rule on Tuesday that spells out the formula banks will be required to use when determining how much they will have to pay into the insurance fund that protects against bank runs.

Sen. Elizabeth Warren, D-Mass., and Rep. Elijah Cummings, D-Md., are pressing more than a dozen financial services companies for information about recent data breaches.

Sens. Elizabeth Warren, D-Mass., and Joe Manchin, D-W.Va., are asking President Obama to nominate Wall Street outsiders to a pair of vacancies on the central bank's board of governors.