Policy & Regulation

Actions by the CFPB and Fannie Mae could upend big banks' controversial practices of taking out insurance policies on borrowers' homes.

Savannah Bancorp Inc. in Georgia said that one of its bank has entered into a consent order with regulators and now must work to maintain capital levels and reduce problem assets.

WASHINGTON–The Consumer Financial Protection Bureau has hit its stride on consumer complaints.

The Federal Housing Finance Agency acting director, Edward DeMarco, recently sent to Congress a strategic plan for the next phase of conservatorships of Fannie Mae and Freddie Mac. A new structure for housing finance requires congressional action, yet neither Congress nor the administration has come up with an acceptable plan in the three years since Fannie and Freddie were placed into conservatorship. It's far from clear that the DeMarco plan will get the job done.

Legislation that would let banks appeal examination findings to an outside arbiter has now been introduced in both houses of Congress.

An ongoing drama is unfolding: a David versus Goliath tale of sorts that pits a Riverside, Calif., family fighting to stay in their home against the weight of that elephant, otherwise known as "Freddie."

A Senate bill that would require states to collect information on the ultimate beneficiaries of corporations could reduce banks' burden in the fight against money laundering.

Big banks need passing grades on stress tests and healthy stocks before they start buying, Frank Cicero says.

The number of foreclosure sales spiked in January, as banks and government agencies started to clear the backlog of properties that have been in the foreclosure process for several years, according to data released Tuesday.

Patrick Gideon resigned as chairman of Reliance Bancshares Inc. in Missouri after objecting the company's decision to hire an outside consultant.