Policy & Regulation

The Senate Banking Committee debated a host of regulatory relief issues Tuesday, among them the question of whether examiners are holding small banks to unreasonable standards.

The Consumer Financial Protection Bureau suit against Corinthian Colleges is the second time the agency has taken public action against a for-profit school rather than a student lender.

WASHINGTON — The Consumer Financial Protection Bureau has filed a complaint against Corinthian Colleges alleging the for-profit chain of colleges ran a predatory lending scheme and used unlawful debt collection practices.

A federal court in North Carolina ruled against the Federal Deposit Insurance Corp.'s multimillion-dollar loan loss claim against Cooperative Bank.

Bankers can attempt to remedy confusing and ineffective consumer protection laws by assembling a task force of experienced bank attorneys and compliance officers to draft model legislation.

The Federal Housing Administration raised mortgage insurance fees during the financial crisis in order to cover a wave of defaults. Now that the housing market has steadied, the agency should adjust its policies.

U.S. regulators are continuing to send a clear message about global financial services standards forged with other countries: they're not strong enough.

Tim Pawlenty, the former Minnesota governor turned bank lobbyist, is backing down from an election-style campaign against the Consumer Financial Protection Bureau after complaints from the firms he represents.

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House leaders are pushing to bring a bill on capital standards for non-banks to a vote on the floor this week, part of a larger package of reforms to the Dodd-Frank Act, according to several industry sources.