Regulation

Regulatory requirements that bar homeowners with imperfect credit scores from receiving a mortgage are hurting minorities and the economy as a whole.

SunTrust Banks (STI) has agreed to pay as much as $320 million to settle an investigation into its administration of Home Affordable Modification Program loans.

SunTrust agreed to pay as much as $320 million to resolve federal allegations it mishandled applicants for mortgage modifications.

Last year's push by some lawmakers to rein in the big banks may have lost steam, but an imminent GAO report and committee leadership changes could give the issue new life.

American Express Co. drives a hard bargain with businesses that want to attract its affluent cardholders: treat the card like any other form of payment despite higher processing costs if you want those customers.

American International Group, Prudential Financial and General Electric Capital Corp. have completed their first round of "living wills" required for systemically important firms.

WASHINGTON — The Consumer Financial Protection Bureau's watchdog is estimating a total price tag of nearly $216 million for the bureau's renovation of its headquarters.

Greenlight Financial, a unit of Nationstar, will pay $48,000 to settle claim it denied or delayed mortgage loans to applicants on maternity leave.

Bank regulators on Wednesday released updated metrics used to evaluate compliance with interstate banking laws.

Federal Reserve Chair Janet Yellen on Wednesday argued against using monetary policy to mitigate potential financial stability risks, saying that recent regulatory reforms were a better alternative.