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Industry groups are calling on the consumer bureau to eliminate the debt-to-income limit for “qualified mortgages” and provide a short-term extension of special treatment for Fannie- and Freddie-backed loans.
September 24 -
Kenneth Blanco expressed concern in a speech about cyber criminals using "synthetic identities" to commit fraud with data stolen from fintech platforms.
September 24 -
Rep. Patrick McHenry, the top Republican on the House Financial Services Committee, proposed having the central bank update Congress on measures to strengthen its own cybersecurity as well as that of institutions under its watch.
September 24 -
If the court agrees to hear the case, its conservative majority could make it easier for a president to fire a CFPB director, though other outcomes are possible.
September 23 -
Jelena McWilliams knows the value of the FDIC’s role in a way most other Americans do not. Now she's in charge as it grapples with difficult questions and sets out to reshape the industry.
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The industry is waiting to see if banks will get the same no-cost land leases on military bases that credit unions currently enjoy.
September 23 -
All of the GOP members on the House Financial Services Committee called on the regulator to consider "administrative decisions" to offset the impact of the 2015 decision.
September 23 -
The deal expands the number of compliance tools owned by credit union leagues and other industry groups.
September 23 -
Fintechs that simply offer cosmetic upgrades to the cumbersome American banking system won't survive.
September 23
Medici Bank -
The revised trading rule is seen as a credit negative for the banking industry.
September 23
financial institutions group, Moody's Investors Service











