Policy & Regulation

Consumers were less eager to seek new mortgage loans for home purchases in the first quarter, in part due to cold weather across swaths of the country, according to a Federal Reserve report released Wednesday.

After halting an Ocwen deal to purchase mortgage servicing rights from Wells Fargo, New York's Department of Financial Services is turning its attention to another nonbank servicer, Nationstar.

If banks that performed well for their shareholders from 2002 to 2012 have so many older directors, why would some banks force directors to retire once they hit 70 or 72 years of age?

A House subcommittee is set to discuss whether U.S. financial reform impedes our ability to compete with firms overseas. But if they were truly worried about global competitiveness, there are other, more pressing issues lawmakers should be analyzing.

Once again, the Office of Management and Budget's estimates of Federal Deposit Insurance Corp. costs are out of step with the FDIC's own projections, and appear out of step with reality.

While the budget was once again focused on other issues than financial services, it provided an update on the White House's priorities as well as a prediction that the FHA's fortunes will soon improve.

Citadel EFT, a credit card processing firm, announced March 4 that it is exploring ways to allow state-licensed marijuana businesses to accept electronic payments from their customers.

Citadel EFT, a credit card processing firm, announced Tuesday that it is exploring ways to allow state-licensed marijuana businesses to accept electronic payments from their customers.

A group of major banks have agreed to collaborate on a centralized know-your-customer registry with the financial messaging service Swift.

Policymakers should focus less on the government's retreat from the mortgage market and more on creating the kind of investment environment needed to attract significant private capital.