Policy & Regulation

A group of state attorneys general is looking at the possibility that banks have sold credit card accounts to debt collection firms that were supported by inaccurate and robo-signed documents.

It's in consultants' best interests to extend the foreclosure review engagements as long as possible without coming up with an estimate for each servicer of its total liability to borrowers.

Former Federal Deposit Insurance Corp. Chairman Sheila Bair was always known for speaking her mind, even when she ran the agency from 2006 to 2011. But in her new book Bull by the Horns," an excerpt of which was featured on Fortune last week, Bair offers a very candid commentary about what she actually thought of the executives running the nation's largest banks during the financial crisis. Following is a small sampling of those views, based on the excerpt, which detailed the fateful meeting in 2008 when the Treasury Department forced the largest banks to accept $25 billion in capital.

Discover Financial Services has agreed to refund hundreds of millions of dollars to settle a regulatory probe of its credit card marketing practices.

As long as the federal government can print money at will, the politicians (both Democrats and Republicans) will accumulate debt until the United States experiences a financial collapse.

MetLife (MET) has found a new forum for a deal the company hopes will free it from banking regulators.

Discover Financial Services (DFS) has agreed to refund hundreds of millions of dollars to settle a regulatory probe of its credit card marketing practices.

Republican presidential candidate Mitt Romeny released a housing white paper Friday, calling for GSE reform and repeal of Dodd-Frank.

While legal experts still question the suit now taken up by Michigan, Oklahoma and South Carolina, their participation helps to build momentum in the legal fight over Dodd-Frank.

Standard Chartered Bank has finalized a $340 million settlement with New York's top banking regulator to settle charges the bank laundered hundreds of billions of dollars for banks and others in Iran.