-
Making home loans that aren't "qualified mortgages" will soon carry legal risk. Will making only QM loans expose lenders to fair-lending claims under the disparate impact doctrine? Washington must clarify.
February 28
-
Thirteen mortgage servicers will begin compensating more than 4 million borrowers beginning in April as part of the amended consent orders released by regulators on Thursday.
February 28 -
During the Credit Union National Association conference on Wednesday, Richard Cordray, the director of the Consumer Financial Protection Bureau, said smaller financial institutions should lend beyond a new ultrasafe class of mortgages created by the agency.
February 28
-
Checking account regulations are outdated even for their primary product. Why would you want to regulate prepaid cards with a set of archaic rules?
February 28
-
Following allegations that the FHFA killed a Fannie Mae plan that would have saved homeowners and taxpayers hundreds of millions of dollars, the ranking member of the House Finance Committee has asked the regulator to explain its decision.
February 28 -
At a Credit Union National Association conference in Washington on Wednesday, Sen. Elizabeth Warren defended both the Consumer Financial Protection Bureau and its director Richard Cordray.
February 28
-
Wilbur Tate III was charged Wednesday with taking bribes from Oxford Collection Agency.
February 28 -
Are regulatory rules meant to make big banks safer instead doing more to shield them from competition from smaller players?
February 28 -
The sales pitch behind many mobile payment systems is convenience, but some companies are learning that when a payment system becomes too convenient, the backlash can last for years.
February 28 -
The Senate confirmed White House Chief of Staff Jack Lew to be the next Tresaury Secretary by a vote of 71-26 on Wednesday night.
February 27



