Policy & Regulation

Unity Bancorp in Clifton, N.J., is set to redeem half of the preferred shares it issued through the Troubled Asset Relief Program.

The share of all loans that were at least one payment past due or in foreclosure fell to 10.3% in the first quarter, the lowest level in four years, the Mortgage Bankers Association said Thursday.

In three years of “say-on-pay” votes since Dodd-Frank, investors have widely acquiesced to double-digit increases in bank executive compensation.

The president of the Kansas City Fed responds to the ABA's James Chessen.

Comptroller of the Currency Tom Curry said regulators should take another look at the leverage ratio as part of a Basel III rule, another sign that the agencies are considering raising the standard.

MasterCard delivered its biggest commitment to financial inclusion to date, announcing the rollout of 13 million smart cards that would also serve as national identity cards for Nigerians.

The Fed should ditch tailored versions of bank-centric rules for ones that build on current nonbank regulation and are informed by comments received in the pending rulemakings.

Anti-secrecy website WikiLeaks can again accept credit card donations after Valitor hf, the Icelandic partner of MasterCard Inc. and Visa Europe Ltd., began processing payments after losing a court case.

Fannie Mae will pay the Treasury Department $59.4 billion after reporting a record quarterly profit driven by rising home prices and declining delinquencies.

The Consumer Financial Protection Bureau is pushing for private student lenders and the government to help lower payments for borrowers after receiving thousands of complaints from consumers.