Regulation

The legislation grandfathering certain CLOs and clarifying which commercial loan securities are exempt from the Dodd-Frank Act trading ban were part of a package of bills approved by the House Financial Services Committee.

American Banker on Friday received the 2014 Jesse Neal Award for Best Website from the Association of Business Information and Media Companies.

A lawsuit alleges that Democratic Gov. Jerry Brown violated state law by diverting hundreds of millions of dollars from the national mortgage settlement into California's general fund.

The Senate Banking Committee has forged a strong bipartisan agreement to reform the housing finance market, but how — and whether — that effort gets picked up in 2015 is still very much in question.

Bank of America, Citigroup and Credit Suisse were among more than a dozen banks sued by the Federal Deposit Insurance Corp. for allegedly manipulating the London Interbank Offered Rate from 2007 to 2011.

The Office of the Comptroller of the Currency says institutions are taking a "proactive" approach to the dealing with potential payment shock on resetting home equity lines of credit.

WASHINGTON — Sarah Bloom Raskin was sworn in Friday as deputy secretary of the Treasury Department, after stepping down from her seat on the Federal Reserve Board.

Steven Antonakes, the Consumer Financial Protection Bureau's deputy director, recalled how people's interest in what regulators do grew in 2008.

Credit Card penalties—like over-limit and late fees—are constitutional and do not violate consumers' due process rights, the Ninth Circuit U.S. Court of Appeals recently ruled.

The Senate passed revised legislation Thursday that would delay increases in flood insurance premiums, following the House's vote advancing the bill last week.