Regulation

WASHINGTON – A bipartisan group of lawmakers is looking to amend a lending provision that classifies certain types of loans used to purchase manufactured housing as predatory.

BNC Bancorp (BNCN) in Thomasville, N.C., plans to buy back its Troubled Asset Relief Program shares from investors who bought them in a Treasury Department auction last summer.

As the Consumer Financial Protection Bureau works on finalizing mortgage rules, Kelly Cochran, the assistant director for regulations, says it is taking concerns about burdens on small lenders and access to credit "very seriously."

The Brown-Vitter bill on "Too Big to Fail" faces significant challenges to passage, yet it is likely to have an impact on big banks and regulation anyway. Here's why.

Unrealistic capital requirements and strict deadlines would force megabanks to sell assets, removing their value from the U.S. and global economies permanently.

The Financial Stability Oversight Council, established by Title I of the Dodd-Frank Act, identified seven significant areas of concern on Thursday that policymakers need to address in order to contain threats to the U.S. financial system.

A system where ratings are assigned to a nationally recognized statistical ratings organization by an independent public utility offers the best shot at avoiding another secondary mortgage market meltdown.

Texas Attorney General Greg Abbott's office has charged a Dallas-based debt management firm with defrauding customers by marketing its services through a now-defunct Web site and direct customer emails.

People — and payment companies — are starting to take Bitcoin seriously.The decentralized virtual currency is overcoming its stigma as a fringe currency for illegal transactions and is stirring up consumer scrutiny of the practices of large payment providers. The payments industry is changing rapidly, but today the movement isn't about payments — it's about data.

Federal Reserve Board Gov. Daniel Tarullo is not backing a "too big to fail" bill introduced by Sens. Sherrod Brown and David Vitter this week and doesn't plan to, either.