Regulation

The Senate Banking Committee continues to discuss housing finance reform options even as efforts to confirm Congressman Mel Watt to run the Federal Housing Finance Agency stall.

The House passed the Swaps Regulatory Improvement Act that would reduce restrictions under section 716 of the 2010 Dodd-Frank Act.

In a bipartisan letter to the Consumer Financial Protection Bureau, senators asked the agency to provide data used as basis for warning auto lenders they could be committing fair-lending violations.

When sophisticated, global institutions leave a country or line of business, they create a vacuum likely to be filled by outfits less sensitive to, or capable of managing, the risks involved.

Fannie Mae sued nine major banks over allegations their manipulation of the London interbank offered rate cost the mortgage financing company about $800 million.

Federal policymakers should make payday lenders structure their loans to be repaid over time, according to a report released Wednesday by the Pew Charitable Trusts.

WASHINGTON — Nearly two-dozen senators are seeking data the Consumer Financial Protection Bureau used as the basis for warning auto lenders they could be committing fair-lending violations.

The Consumer Financial Protection Bureau got a confirmed director for the first time this year, when the Senate finally approved the longstanding nomination of Richard Cordray for the post. But the agency has also sustained the departures of high-ranking employees to law firms, consulting shops, banks and other destinations. Here's a look at some of the CFPB employees who have left in 2013, and where they have landed.

Another big law like Dodd-Frank could be harmful to the mortgage market, but an incremental approach to housing finance reform might be the perfect solution.

Three federal home loan banks dropped their opposition to Bank of America's $8.5 billion settlement in a New York state court lawsuit over Countrywide residential mortgage backed securities.