Policy & Regulation

Banks and debt collectors are taking over courtrooms to press consumers for payments. Local officials see these 'rocket dockets' as a way to cope with a deluge of collections suits. But their judicial appearance may also mislead debtors into believing they face offers they can't refuse.

MoneyGram plans to restructure its executive lineup and other aspects of its organization as it works to expand consumer-facing services and manage its investments in anti-fraud and compliance programs.

The collateralized loan market has backed off of deals involving bonds until lawmakers and regulators address the Volcker Rule's impact on such instruments. Most hope for clarification or grandfathering to stave off a massive sell-off.

There are a number of definitions included in the Volcker Rule that do not fully align to the definitions contained in the Federal Reserve Board’s market risk capital rule.

Massachusetts Attorney General Martha Coakley wants regulators to prohibit casinos from placing liens on homes of people with unpaid gambling debts.

The Consumer Bankers Association believes banks and retailers need to have constructive conversations on security following last year's Target security breach.

WASHINGTON -- A non-profit legal group said Monday that it is seeking judicial review of the landmark $13 billion settlement that JPMorgan Chase executives negotiated with top Department of Justice officials.

Action by federal lawmakers, not guidance from the Justice Department, is what’s needed to give banks comfort in providing services to marijuana businesses in states where pot is legal.

The payment system is unexpectedly the center of attention in the financial services policy world after spending years being overshadowed by the financial crisis and other pressing issues.

Regulatory intervention throws a monkey wrench into a mortgage servicer's growth plans -- and calls into question whether there are enough nonbanks to absorb all the servicing banks want to sell.