Policy & Regulation

Larry Lavender is leaving the position to run Rep. Spencer Bachus' re-election campaign and then to join a Washington law firm.

The Federal Housing Administration announced three steps Friday to protect its mortgage insurance fund from sustaining further losses.

The Stop Online Piracy Act and the Protect IP Act, two bills that would have relied on payment companies to block funding to websites accused of content theft, were put on hold Friday.

The FDIC and a Federal Home Loan bank are seeking information from the Memphis bank about 20 securitizations, executives said. First Horizon swung to a profit and reported lower revenue in the fourth quarter.

President Obama assured that 2012 would get off to a rousing start when he made a recess appointment of Richard Cordray as head of the Consumer Financial Protection Bureau. Predictably, the appointment generated both praise and outrage.

A new survey shows that bankers are surprisingly satisfied with their institutions' examiners and exams.

Frivolously adding armor to combat planes makes the aircraft difficult to control and less effective. Weighting down banks with ill-conceived risk mitigation strategies and regulations serves the interests of neither individual banks nor the banking system as a whole.

President and CEO of the Federal Home Loan Bank of Cincinnati David Hehman announced plans to retire in June. Andrew Howell, executive vice president and chief operating officer, will take his place.

A Chief Risk Officer can now have significant stature and sway. But that new prominence gives shareholders, regulators, and the media an easy target for ridicule after a corporate stumble.

The Consumer Financial Protection Bureau revealed details Thursday about how it plans to examine payday lenders, while Director Richard Cordray said it will move immediately to stop certain practices.