Policy & Regulation

A number of Dodd-Frank and Basel III regulations will impact banks' investments in the CLO market, but the Volcker Rule poses unique challenges.

A secondary market system "dominated by Fannie and Freddie in conservatorship is simply not desirable," Castro says.

WASHINGTON — The Federal Reserve met with members of the world's largest banks and other global financial regulators on Monday to discuss alternatives to discredited interbank reference rates.

Banks are facing enhanced scrutiny from examiners, causing them to sever ties with businesses they view as high-risk, but regulators are also pressuring them not to close those accounts, fearing financial disenfranchisement.

Some bankers have pronounced the data warehouse obsolete, but Dr. Jim Goodnight says it's more relevant than ever, as cheaper hardware and overlapping informational needs across the organization make sharing a large dataset companywide feasible and worthwhile.

An independent actuarial report showed the Federal Housing Administration's mortgage insurance fund's capital ratio hit 0.41% this year, which is below the earlier estimate of 1.2%.

MSB Financial Corp., a mutual thrift firm in Millington, N.J., plans to reorganize into a fully stock-owned company.

Quantitative easing hasn't led to severe price inflation as critics feared — but the large quantity of Treasury debt might.

Plaintiffs advocating for spousal rights in existing Home Equity Conversion Mortgages are renewing their motion for class certification, citing circumstances surrounding two instances of foreclosures under interim government policy.

BNC Bancorp in High Point, N.C., has agreed to buy Valley Financial in Roanoke, Va.