Regulation

Although American Banker's Editor-at-Large Barbara Rehm believes the implementation of Dodd-Frank is taking too long, enough people have told her otherwise, so she presents our readers with the counter-argument.

James Mackey will become executive vice president and CFO of the government-sponsored enterprise the week of Nov. 11, Freddie announced Monday.

Carol Galante, the Federal Housing Administration's commissioner, sought to clarify the agency's plans for a government shutdown on Tuesday, emphasizing that it will continue to endorse single-family loans during the shutdown in contrast to earlier reports.

Under the 2010 Dodd-Frank Act, regulators have the authority to apply tighter regulations on firms that pose a significant threat to the financial system-and they are doing just that with asset management firms.

Timothy Pawlenty, president and chief executive of the Financial Services Roundtable, said Tuesday that housing finance reform is unlikely to pass until after the 2014 mid-term elections.

The largest banks have begun submitting a second round of plans to regulators outlining how they could be safely taken apart if they fail.

Internet-based, short-term lenders have various routes for setting up business, but most of their options expose them to potential legal challenges.

A federal court has ruled that state regulators have the authority over online lenders that operate from Native American land.

In a little-noticed agreement with Wells Fargo, the Office of Foreign Assets Control raised the bar on acceptable checking practices and potentially exposed many other financial institutions to penalties.

Editor-at-Large Barbara A. Rehm has argued for months that Dodd-Frank implementation should be sped up so banks can know the rules they face. A slew of sources disagree – here’s why.