Policy & Regulation

The Federal Deposit Insurance Corp. announced three senior staff appointments this week, including a new examination chief and a top liaison to Congress.

Three California local governments may use their eminent domain powers to seize mortgages and restructure them to help distressed borrowers stay in their homes — much to the dismay of investors who hold the mortgages.

A recent survey by Ernst & Young shows more progress by banks to address deficiencies in their risk management practices, but growing concern for Basel III and new liquidity rules.

Even if we could trust megabanks to behave, there may be too much at stake to let systemically risky institutions live by self-imposed principles rather than hard and fast rules.

Nine of the largest, most complex financial institutions recently submitted living wills, plans required by Dodd-Frank detailing how they could unwind themselves facing a failure, to regulators.

The biggest U.S. mortgage lenders, whose first-quarter earnings were buoyed by gains on home loan refinancings, are raking in more profits as record-low interest rates and government efforts prolong the boom.

A VIP program run by Countrywide benefited numerous members of Congress, a handful of Capitol Hill staffers and then-HUD Secretary Alphonso Jackson, according to a report from the House Oversight Committee.

There are legitimate reasons to want to wind down Fannie Mae and Freddie Mac. Unfortunately, we haven't stopped talking about the specious ones.

Preparing systems for the Single Euro Payments Area may be more complex and time-consuming than many European corporations and banks realize. To ease this complexity, SunGard is offering software to centralize payments management.

The two year anniversary of the signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act is approaching and many rules required by the legislation still remain unwritten, according to a report from the law firm Davis Polk.