Opinions

Companies that purchase delinquent accounts secured an estimated $230 million in default judgments against New Yorkers in 2011, according to a report from the New Economy Project, but failed to prove they owned the debt in a majority of cases.

Capital rules, long considered the backbone of a safe and sound banking system, are evolving to meet other policy goals, like forcing the largest banks to get smaller.

Banks are incessantly lobbying the CFTC to hold off on cross-border derivatives rules until other countries write their own regulations. But that could take longer than the next crisis.

The Office of the Comptroller of the Currency will be more flexible with regulations on minority-owned banks in order to help them raise capital.

Many of bankers' concerns and fears about the FFIEC's proposed social media rules are unfounded, says Elizabeth Khalil, senior policy analyst at the FDIC.

Banks that still hold Tarp funds face the prospect of dividend rates rising to 9% from 5% at a time when many of those institutions are still struggling.

Urban Partnership Bank in Chicago has been designated a minority depositary institution by the Federal Deposit Insurance Corp.

M&A consolidation, improved portfolio performance and legislation leveling the playing field provide incentive for midsize banks to relaunch card programs.

Fannie Mae and Freddie Mac shareholders sued the U.S., alleging that the 2008 takeover of the housing lending giants was illegal and cost investors billions of dollars.

North Carolina Attorney General Roy Cooper's office announced an extended court order against one of the largest debt settlement firms in the U.S. that will keep the company from collecting money.