Policy & Regulation

Ginnie Mae is declaring its reverse mortgage securitizations off-limits for a new type of product that would require the servicer to take interest rate risk.

Rep. Scott Garrett, R-N.J., a senior member of the House Financial Services Committee, introduced a bill Thursday designed to increase transparency at the Financial Stability Oversight Council.

The Federal Reserve rejected capital plans for three foreign-owned banks, which need time and millions of dollars in investments to make the requisite tech upgrades in order to comply.

A U.S. magistrate judge in North Carolina dealt a blow to government efforts to use the 1980s-era Financial Institutions Reform, Recovery, and Enforcement Act to penalize big banks, but many experts say the decision — which is not binding — may just be a temporary glitch.

Bitcoin ATM providers and virtual currency exchanges may be subject to Texas licensing requirements, according to regulatory guidelines issued by the Texas Banking Commissioner on April 3.

The largest and most powerful arm of the central bank of the U.S. has finally admitted the megabank emperors have no clothes. It is past time that we as a nation get to the bottom of this dangerous threat and fix it

FHA reform would serve as a major enhancement to the Johnson-Crapo proposal as it could ensure long-term viability of both the MMI and new Mortgage Insurance Fund.

Federal Reserve Board Gov. Jeremy Stein on Thursday submitted his letter of resignation to President Obama.

Charlie Keating, who died Tuesday, epitomized an era today's mortgage lenders would do well to remember as low-yielding portfolio assets tempt them to take bigger risks.

Lawmakers from both sides of the political aisle reached a rare accord Wednesday during a House Financial Services subcommittee hearing, pledging to further investigate allegations of retaliation and discrimination among employees of the Consumer Financial Protection Bureau.