Policy & Regulation

The FTC has reached a settlement against Freedom Companies, those behind a scam operating from the Dominican Republic that peddled fake mortgage assistance to Spanish-speaking homeowners in the U.S.

Shelter Insurance joins the growing list of insurers that are unwinding their banks amid mounting costs related to Dodd-Frank.

Federal regulators announced Monday an $8.5 billion settlement with 10 banks as a result of alleged foreclosure abuses.

The Federal Reserve Board has terminated an enforcement action against Farmers State Bank in Victor, Mont.

Dan Berger, the credit union group's executive vice president of government affairs, will succeed Fred Becker as chief executive.

The Basel Committee on Banking Supervision backed away from a strict international liquidity standard, giving more recognition to domestic funding structures.

The Charlotte bank says Monday's settlement is a significant step toward resolving its crisis-era woes, but other legal risks — particularly in connection with private-label mortgages — remain.

A "simplified" foreclosure review settlement is in borrowers' best interests, even though details remain sketchy, officials from the Office of the Comptroller of the Currency argued Monday.

The Massachusetts Democrat, known for helping craft the Dodd-Frank reform law, may be putting his retirement on hold.

Some feel the looser standards will have a positive effect on the economy, while others argue the easing simply represents the latest example of regulators giving banks their way.