Policy & Regulation

Banks should seize the opportunity to shape the rule in a manner that helps policymakers achieve their AML goals without imposing needless cost and customer pain.

The Treasury Department will receive $62 million from its latest auction of stakes it owns in banks through the Troubled Asset Relief Program.

Seeking to accelerate a process that results in taking someone's home should not be done lightly. Plus, a major driver of foreclosure time is not state law but who services the mortgage.

The CFPB and FTC sent warnings to 12 mortgage lenders this week, arguing their ads were trying to trick consumers with false and misleading information.

Starr International Co.'s lawsuit against the Federal Reserve Bank of New York over the government's bailout of American International Group Inc. (AIG) was dismissed by a federal judge in New York.

As it dissolves in the wake of anti-money laundering violations, First Bank of Delaware Owes $15 million to Uncle Sam.

Last week saw a sudden burst of activity as Congress returned after the elections. But lawmakers weren’t the only ones making news, as the CFPB, FHA and Fed also dominated headlines. Following is the most critical stories of regulation and reform

The Consumer Financial Protection Bureau and the Federal Trade Commission are investigating 51 nonbank firms involved in mortgage lending or other areas of the housing market.

Capital is just not an issue for these banks. All the capital they may ever need is a phone call and wire transfer away.

John Allison, former chairman and chief executive of BB&T, made a pitch to abolish the Federal Reserve at a Dodd-Frank Act seminar.