Policy & Regulation

Rep. Gary Miller, R-Calif., introduced legislation Wednesday to curb efforts by the Department of Housing and Urban Development to lower Federal Housing Administration loan limits.

WASHINGTON — Senate Banking Committee leaders are proposing to capitalize a new mortgage cooperative with a government loan to ensure small and even regional lenders can sell their loans for cash.

WASHINGTON — The Consumer Financial Protection Bureau announced several key hires on Wednesday, including a chief economist, financial empowerment director and market liquidity researcher.

Comptroller of the Currency Thomas Curry signals regulators are considering more Community Reinvestment Act changes as advocates say the progress to date is too timid.

Jefferies will pay $25 million to settle charges that it abetted mortgage-backed-securities fraud.

The Consumer Financial Protection Bureau plans to address the growing problem of vacant and abandoned properties that banks and mortgage servicers have walked away from to avoid maintaining the homes.

Three nominees to the Federal Reserve Board are set to underscore the growing attention the central bank is paying to financial stability concerns amid its two other mandates of employment and price stability.

Central banks' highly accommodative monetary policies in recent years have heightened the possibility that a geopolitical crisis in the Ukraine and elsewhere could eventually pose a systemic threat, according to a new paper by Federal Financial Analytics.

Regulators should demand more derivatives disclosures in forthcoming living wills. Having banks disclose the risk factors in their risk measurement models would help regulators understand if banks are well capitalized for unexpected losses.

The Senate confirmed Sarah Bloom Raskin as deputy secretary of the Treasury Department on Wednesday.