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In most states, the good-faith lending decisions made by bank officers and directors are protected from liability, even if the loans sour and the bank fails. But bankers and directors beware: you can still be sued for simple negligence.
February 14
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GSE regulator says Fannie and Freddie are responsible for monitoring servicers.
February 13 -
The Federal Reserve Bank of Cleveland has appointed Loretta Mester as its next president and chief executive.
February 13 -
The Financial Stability Oversight Council met on Thursday for a previously scheduled meeting in closed session.
February 13 -
First Trust in New Orleans has been freed from a written agreement with the Federal Reserve Board.
February 13 -
FATCA requirements affect a broad cross section of stakeholders and policies within financial institutions including, but not limited to, client onboarding, investment banking, documentation, treasury and collateral management.
February 13 -
Housing and Urban Development Secretary Shaun Donovan says its important for investors in mortgage-backed securities to receive a fair price for seized mortgages.
February 13 -
The Office of the Comptroller of the Currency's recent risk management proposal is tougher than institutions expected and would give the agency greater leeway to punish a firm it feels is not up to snuff.
February 13 -
The proposal to let the U.S. Postal Service become a bank is a hard sell, but the idea has legs for political, legal and business reasons. Here are answers to the top questions about the provocative idea.
February 13
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New York's banking regulator unleashed a verbal assault on nonbank servicer Ocwen Financial Wednesday, saying the company's use of technology to better handle distressed loans is "too good to be true."
February 13
