Policy & Regulation

It is time for the FHA and its supporters to put the interest of working-class families ahead of real estate agents and other interest groups who want to expand its abusive lending practices.

Uncharacteristically for a bank, BankPlus decided four years ago to compete with payday lenders. Now it successfully offers a small-dollar loan product, with significantly better terms.

Bachus, Hensarling seek a two-year wait period on implementation. At that rate, a rule first authorized in 2010 won't take effect until 2015.

The landscape has changed radically in the last two decades. In most states, the number of banks has fallen sharply. But some states have emerged as storehouses for the nation's lending giants.

It's been a rocky year for digital currencies. Facebook began phasing out its Facebook Credits while Bitcoin continues to suffer a bad reputation. However, there are some promising developments on the horizon, with experienced payments providers joining in the digital currency game.

Delanco Federal Savings Bank in New Jersey must fix asset-quality, risk management and other problems under a written agreement with the Office of the Comptroller of the Currency.

Third Federal Savings & Loan Association of Cleveland said regulators terminated its memorandum of understanding, which had mandated an outside assessment of its management of interest-rate risk.

The FHA in its current form could not handle an emergency backstop role but would have a much better chance if moved out of HUD and combined with Ginnie Mae and the remnants of Fannie and Freddie.

This has been a difficult year to run a foreign-owned bank in the United States, but BBVA Compass aims to parlay a recent core overhaul into new growth opportunities in 2013, CEO Manolo Sanchez says.

The Consumer Financial Protection Bureau on Friday specified changes it would like to make to a rule designed to increase regulation of international money transfers.