Policy & Regulation

Under pressure from the Federal Deposit Insurance Corp. to increase its capital levels, Doral Financial (DRL) is selling its health care lending division to Triumph Bancorp in Dallas.

Any bill that does not return with provisions reinstating affordable housing goals and lowering down payment requirements is still a failure, writes the head of the National Urban League.

The Senate Banking Committee passed major legislation to overhaul the housing finance system on Thursday.

Cal-Bay International is developing a specialized prepaid and loyalty card for licensed marijuana dispensaries.

Today's harsh regulatory environment is sapping community banks of the time, money and staffers they previously dedicated to financial literacy efforts.

The dim prospects for Congress doing anything to overhaul the system dominated by Fannie Mae and Freddie Mac leave a host of big questions about what happens to the mortgage sector going forward.

Massachusetts Attorney General Martha Coakley reiterated calls Wednesday for the Federal Housing Finance Agency to allow Fannie Mae and Freddie Mac to offer principal reductions to distressed borrowers and to participate in nonprofit home buyback programs.

Midwestern community banks are in their best financial condition since early 2009, the Office of the Comptroller of the Currency said in a May 13 report.

Kennebec Savings Bank has a 19th century charter, but it is poised for a complex conversion to deal with modern challenges like activists investors, M&A pressures and even Basel III.

Canada's banking regulator said it will review candidates for senior management positions at financial institutions before they're hired.