Regulation

Jefferies will pay $25 million to settle charges that it abetted mortgage-backed-securities fraud.

The Consumer Financial Protection Bureau plans to address the growing problem of vacant and abandoned properties that banks and mortgage servicers have walked away from to avoid maintaining the homes.

Three nominees to the Federal Reserve Board are set to underscore the growing attention the central bank is paying to financial stability concerns amid its two other mandates of employment and price stability.

Central banks' highly accommodative monetary policies in recent years have heightened the possibility that a geopolitical crisis in the Ukraine and elsewhere could eventually pose a systemic threat, according to a new paper by Federal Financial Analytics.

Regulators should demand more derivatives disclosures in forthcoming living wills. Having banks disclose the risk factors in their risk measurement models would help regulators understand if banks are well capitalized for unexpected losses.

The Senate confirmed Sarah Bloom Raskin as deputy secretary of the Treasury Department on Wednesday.

The Office of the Comptroller of the Currency has lifted a regulatory enforcement action against First Security Group (FSGI) unit FSGBank.

In 30 states and the District of Columbia, attorneys general are urging the Consumer Financial Protection Bureau to adopt new debt collection rules that will "better protect consumers and military service members."

The U.S. Senate's Democratic Banking Committee Chairman, Tim Johnson, and top Republican, Mike Crapo, laid out a preliminary agreement Tuesday that adds to momentum to a bipartisan effort to reform Fannie Mae and Freddie Mac. American Banker editors discuss what behind the push's rare appeal on both sides of the aisle and the challenges its backers face in coming weeks.

Sens. Tim Johnson, chairman of the Senate Banking Committee, and Mike Crapo, the top Republican, received an overall warm welcome to their agreement on housing finance reform released Tuesday, after months of negotiation.