Policy & Regulation

Regulators have lifted an enforcement action against Eastern National Bank in Miami, according to a report.

A federal judge raised the possibility that banks will have to repay billions of dollars to merchants, but legal experts say the court lacks the authority to enact such an order.

In preparation of the mortgage rules due to take effect next year, the Consumer Financial Protection Bureau released updated exam procedures on Thursday.

New York Department of Financial Services Superintendent Benjamin Lawsky discusses what he regards as right and wrong with financial services, the perils of taking on too many regulatory challenges and why so few top executives have faced the long arm of the law.

WASHINGTON — The Consumer Financial Protection Bureau issued updated exam procedures on Thursday for a slew of mortgage rules due to take effect next year.

The Federal Reserve Board has terminated enforcement actions with Marquette Financial in Minneapolis and Bank of Virginia in Midlothian.

A court ruling that debit card fee caps be lowered could also enable merchants to play card networks against one another.

The Federal Reserve Board has unanimously approved acquisitions by Hana Financial Group in Seoul, Korea, and Live Oak Bancshares in Wilmington, N.C.

Most policymakers agree that Fannie Mae and Freddie Mac should be unwound and replaced with a system more dependent on the private market, but cleaning up the failed government-sponsored enterprises will be a challenge unlike anything attempted before.

A response to Bill Isaac's Aug. 13 post, "Why Payday Loans are Good for Millions of People."