Policy & Regulation

Big-bank representatives agree with the concept behind the Fed's "total loss absorbing capacity" proposal but argue that certain provisions are excessive and onerous.

With the stakes so high for compliance officers, their rights and responsibilities should be clearly defined, including a safe harbor for those who play by the rules.

Online gambling is like gun shows and weed—legal and very lucrative, though with enough regulatory baggage that most service providers are reluctant to go near them.

The government-sponsored enterprise was enthusiastic about launching the 97% loan-to-value product when it announced it in December 2014. But it has yet to become a sizable part of Fannie's business.

With the Federal Reserve and Federal Deposit Insurance Corp. poised to announce the results, it's not clear who should be the most nervous: banks, regulators or the American people.

Shoppers who finance the purchase of cars, furniture and home improvements are protected under a decades-old federal regulation. Now consumer groups are urging the FTC to update its rule and consider offering the same protections to victims of home-mortgage or auto-leasing scams.

The Consumer Financial Protection Bureau acknowledges that gearing up for the Truth in Lending Act/Real Estate Settlement Procedures Act integrated disclosures has been tough, and it promises to consider that fact in exams.

Inefficient, paper-bound processes, oligopolies that can charge high prices, the Rube Goldberg structure of correspondent banking, and excessive regulation all make it expensive for migrants to send money home. Technology is a big part of the answer.

Key differences in the CFPB's agreements with Toyota and Honda are making it harder for the CFPB to make systemwide changes to the auto lending market. Here's why.

Not only does evidence point to small banks escaping interchange restrictions — as Congress intended — but there are also signs smaller institutions are gaining retail market share because of the exemption.