Regulation

Strengthening the underlying loan manufacturing process and diversifying this risk in the secondary market remain critical to ensuring the integrity of the market.

The $2 trillion-asset company will stop accepting new student loan applications on Oct. 12, the company said Thursday.

A federal judge has preliminarily approved a $3.2 million class-action settlement against a collection agency accused of posing as district attorneys to steal more than $20 million in fees from debtors.

The Basel system has sanctioned bank balance sheets on the verge of insolvency, but in doing so it may have permitted much more lending and much more trading.

The Federal Deposit Insurance Corp. has terminated a consent order for Idaho First Bank in McCall.

Will mortgage reform rectify past discriminatory practices or close the gap between white and nonwhite rates of homeownership? The major proposals in Washington show little interest in these critical questions.

The $1.1 billion-asset company said in a press release Wednesday that its bank had been released from a memorandum of understanding with the Federal Reserve Board.

While some saw Tim Pawlenty's unexpected recommendation to strike Syria as a sign he may be weighing a return to politics, the former Minnesota governor said he is focused on his "current job" as head of the Financial Services Roundtable.

The Consumer Financial Protection Bureau issued a stark warning Wednesday to banks and other firms that exchange information with consumer reporting agencies, saying such companies will be heavily scrutinized for how they resolve customer disputes.

The recent leadership shuffle at Banesco USA may have resulted from problems in its compliance with the Bank Secrecy Act, according to a report in the South Florida Business Journal.