Policy & Regulation

Freddie says its new "low-activity" fee will offset the cost of monitoring the loans it buys, but avoiding it could be a challenge for lenders in rural markets.

The Federal Deposit Insurance Corp. has taken enforcement actions against eight banks and freed 12 others from prior orders, according to a series of orders released Friday.

Net interest margins are complex beasts. During the last Fed tightening cycle, the yield curve turned negative and margins narrowed.

The Financial Stability Oversight Council is close to identifying several nonbank financial companies as systemically risky after spending years ironing out how it would undertake the first-time effort.

The lack of a standard technology model for mobile point of sale payments is not only holding back consumer adoption, it's also affecting regulatory compliance, says Mphasis' Kumail Tyebjee.

The Consumer Financial Protection Bureau has managed to take one of the most controversial provisions of the Dodd-Frank Act — a rule that would effectively redefine the mortgage market — and craft it in a way to please both the banking industry and consumer groups.

Thirteen members of the House Financial Services Committee wrote to Richard Cordray, director of the Consumer Financial Protection Bureau, asking for details in the agency's investigation into discriminatory auto lending.

Nancy Graves, who until last week served as assistant director of New Jersey's Department of Banking and Insurance, has joined Pascack Bancorp (PSBR) in Waldwick as president and chief executive.

New York's Department of Financial Services has reached a deal with several small specialty insurance carriers, triggering a statewide ban on force-placed insurance payments to banks.

Members of the House Financial Services Committee are pressing the Consumer Financial Protection Bureau for details about its investigation into discriminatory auto lending.