Policy & Regulation

The Consumer Financial Protection Bureau has offered clarifications to the mortgage rules first issued in January.

Sen. Shelby introduced a bill on Tuesday to delay implementation of Basel III while House Financial Services Committee Chairman Jeb Hensarling declared the package of capital and liquidity standards "suspect."

Community banks spent $250 million and more than 8 million hours on regulation implemented during the first quarter, a recent study found.

The Federal Reserve Board on Monday issued a proposal required under the Dodd-Frank Act that would impose a fee on the biggest bank holding companies. The fee will cover expenses related to the regulators' supervisory duties.

Companies that submitted initial resolution plans last year to the Federal Reserve Board and the Federal Deposit Insurance Corp. under Dodd-Frank have been offered more detailed instructions for when they submit their second drafts of their living wills.

WASHINGTON — The Consumer Financial Protection Bureau has proposed slight tweaks to help clarify mortgage rules first issued in January.

Publication of the Fed's loss estimates, required by Dodd-Frank, has banks focused on second-guessing the regulator's model, rather than the hard work of improving enterprise risk management.

Federal Deposit Insurance Corp. Chairman Martin Gruenberg said regulators are homing in on concerns expressed by community banks in discussions on finalizing the capital rule.

The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.

New York Attorney General's office filed a lawsuit Monday against Union Workers Credit Services Inc. for false advertising and deceptive business practices from their solicitations for a pre-approved credit card.