Policy & Regulation

Bankers must resist the urge to obsess over the hassles of QM and other new rules, says Jeff Plagge, the new chairman of the American Bankers Association and CEO of Northwest Financial in Iowa. Doing so distracts them from adequately serving customers and contributing to economic growth, he says.

CFPB director Richard Cordray told attendees at the American Bankers Association's annual conference that the bureau will be flexible with banks that make "good faith" efforts to comply by January.

The Federal Reserve Board and the Federal Deposit Insurance Corp. are expected to release a proposal that would require the biggest U.S. financial institutions to hold long-term debt that could be converted to equity should a bank fail.

It’s almost impossible to disclose the exact amount of third-party fees that will be charged for delivering money when those third parties may include a village council or military authority.

JPMorgan Chase's record $13 billion settlement has significant implications for the financial industry, but they may not be what casual observers expect. Following is a guide to the key takeaways from the deal.

New York financial regulator Benjamin Lawsky is urging the state to make it harder for debt collectors to win court judgments using shoddy documentation.

JPMorgan Chase & Co. (JPM) has reached a tentative resolution of all civil mortgage-bond related matters with the Department of Justice under which it will pay a record $13 billion, a person familiar with settlement talks said.

JPMorgan Chase's settlement talks with U.S. authorities over its sale of mortgage bonds include a tentative agreement for about $4 billion with the Federal Housing Finance Agency, according to a person familiar with the matter.

Enforcement actions relating to anti-money laundering rules and the Bank Secrecy Act were a prominent theme in the Office of the Comptroller of the Currency's monthly round-up of orders issued from late August through September.

FHFA Acting Director Ed DeMarco has been vague about why the regulator rejected Fannie’s force-placed proposal, a decision that has drawn sharp criticism from consumer advocates.