Regulation

JPMorgan Chase (JPM) said it's under federal criminal investigation for practices tied to sales of mortgage-backed bonds that the Justice Department has already concluded broke civil laws.

JPMorgan Chase (JPM) said the Justice Department concluded the firm broke federal laws while handling mortgage-backed securities.

Kentucky First Federal Bancorp (KFFB) in Hazard has received regulatory approval to pay a 10-cent dividend to its public shareholders.

Pressure is mounting for bank regulators to dial back pending mortgage rules after President Obama said he's worried the housing market could become too constrained by "overlapping regulations."

A federal judge ruled that bitcoins are “a currency or form of money” and therefore subject to relevant U.S. laws in a case against a Texas man accused of creating a fraudulent Bitcoin hedge fund.

Meracord is allowing businesses to leverage its money transmitter platform and state license portfolio, a move to help startups navigate the complex and expensive regulatory environment surrounding transmitting funds.

Freddie Mac's top lawyer threatened to file suit against municipalities that attempt to use eminent domain to refinance underwater mortgages.

Even as policymakers plot its demise, Fannie is raising the prices it pays to community lenders for mortgage loans — outbidding large-bank aggregators like Wells Fargo and JPMorgan Chase.

In a Web chat with Zillow CEO Spencer Rascoff, Obama said he'll urge Congress to act on a reform package to wind down Fannie and Freddie and place housing on a "more stable footing," but also give homeowners "a chance to refinance while interest rates are still low."

Bankers are pressing ahead with sales of nonperforming commercial loans, and debt collectors are buying them up, even though regulatory pressure has slowed or halted the unloading of bad consumer loans.