Policy & Regulation

President Obama has tapped the acting head of the Treasury Department’s anti-money laundering and terrorism office to lead the department permanently.

WASHINGTON — Sens. Thomas Carper, D-Del., and Sen. Roy Blunt, R-Missouri, introduced a bill this week that would establish national data security and notification standards.

FHFA's reduction appears likely to involve loan level price adjustments that the two government-sponsored enterprises charge borrowers and adverse market fees charged on every loan, but not a guarantee fee reduction that the industry has sought.

Despite a strong industry push, a bill to amend the Consumer Financial Protection Bureau's "qualified mortgage" rule is facing an uphill battle to enactment this year.

Mortgage lenders are stressed about how the CFPB's new mortgage disclosure rule will impact their business. But the new forms may give them a chance to improve business performance.

First Republic Bank reported higher quarterly profit, though loan growth pushed the San Francisco company above $50 billion in assets.

Some industry observers argue that bank consolidation is driven by economies of scale rather than by the regulatory burdens imposed under Dodd-Frank. But the two factors actually go hand in hand.

The House approved eight regulatory relief bills Tuesday evening, including two controversial measures opposed by a number of Democratic lawmakers and the White House.

WASHINGTON — The Senate Banking Committee announced Wednesday that it has scheduled a vote for highly anticipated regulatory relief legislation on May 14.

WASHINGTON — The Consumer Financial Protection Bureau issued a final interpretive rule Wednesday that clarifies its housing counseling requirements with respect to high-cost loans.