Policy & Regulation

Wintrust Financial would sell the $161 million in deposits and three branches it bought from the failed Second Federal Savings and Loan to a credit union. Regulators will OK such deals under the right conditions, experts say.

The incoming and outgoing chairmen of the House Financial Services Committee — Reps. Jeb Hensarling and Spencer Bachus, respectively — are urging banking regulators to delay implementation of the Volcker Rule until 2015.

The Consumer Financial Protection Bureau said Thursday it has issued warning letters to six specialty reporting agencies for making it too difficult for consumers to find their free annual reports.

Industry groups and consumer advocates have joined forces to urge lawmakers to extend the Mortgage Forgiveness Debt Relief Act, warning that expiration of the 2007 law could hamper the housing recovery.

U.S. home-price gains this year weren't large enough to justify an increase in the maximum size of loans that Fannie Mae and Freddie Mac will purchase in 2013, the companies' regulator said today.

Consumer-focused regulations, in general, should reflect what financial products actually do, not the technicalities of who issues them or what legal status they hold.

The Consumer Financial Protection Bureau issued a bulletin Thursday raising concerns that specialty consumer reporting agencies are not easily releasing free information to consumers.

Former Fannie Mae chief executive Michael Williams has been appointed to chair the board of directors of Prospect Mortgage LLC.

Federal Reserve Board Gov. Daniel Tarullo gave a glimpse of what significant policy changes U.S. regulators are considering for the supervision of large foreign banking organizations in a speech at Yale University's Law School.

Northeast Bancorp in Lewiston, Maine, has repurchased the roughly 4,200 preferred shares it issued to the Treasury Department under the Troubled Asset Relief Program.