Policy & Regulation

Many in the industry have criticized the length — 1,400 pages — of the CFPB’s recently proposed rule on mortgage disclosure forms and fees. Why so many pages in order to get simpler forms?

The Federal Deposit Insurance Corp. sued banks including JPMorgan Chase & Co. (JPM) and Citigroup Inc. (C) over $388 million in securities sold to Colonial Bank.

First National Community Bancorp (FNCB) has finally caught up on its financial reports for 2011 — now on to 2012.

Banking trade groups are furious about a move by the National Credit Union Administration to notify more than 1,000 credit unions that they may not need to comply with a cap on business lending.

As expiration dates near for FDIC loss-sharing agreements inked in 2008, more failed bank buyers are looking to unload loans before the coverage runs out. As a result, they face growing pressure to book new loans to replace the ones they are trying to run off.

The Lansing, Mich., company has turned to court to try and recapitalize itself. The move would leave all existing stakeholders with a 53% equity stake in the company. Capitol, meanwhile, is still searching for an investor to take the other 47%.

The special inspector general for Tarp worked in the subbasement of the Treasury Department. Watchdogs given an inconvenient, dank, dark, dirty and desolate office maybe won't stay long.

Despite the lagging economy, which has left many students graduating from college with fewer, if any, job prospects, there is cause for optimism in the medium term, the Fed chairman told teachers at a Town Hall meeting last week.

The former chairman of the Securities Industry Association jumps into the Glass-Steagall debate. But instead of championing the revival of Depression-era law that separated commercial and investment banking, he'd like to revive the SIA’s proposed legislation from the 1990s.

JPMorgan Chase will contribute about $1.2 billion to settle a price-fixing case brought by retailers over credit-card swipe fees.