Regulation

Ally Financial is the first company to fulfill its requirements under the $25 billion national mortgage settlement, its top monitor said Thursday.

The Federal Reserve Bank of Cleveland has terminated an enforcement action against Rurban Financial (RBNF) in Defiance, Ohio, tied to its information-technology unit.

As part of a report on "high risk" areas in government, the Government Accountability Office expanded the scope of its review of regulatory issues to include the Federal Housing Administration.

Sen. Elizabeth Warren and two other members of the Senate Banking Committee have spoken out against Republicans who seek to block Richard Cordray's nomination as director of the Consumer Financial Protection Bureau.

President Obama's nominee for Treasury Secretary, Jacob Lew, calmly fielded three hours of sometimes hostile questions during a Wednesday hearing on Capitol Hill.

Congress is afraid to tackle this complicated and contentious issue, but the market badly needs positive signals from our lawmakers that provide certainty about the future of housing finance.

The oft-mischaracterized HUD disparate impact rule will discourage any race-based decision making and minimize lawsuits. Why would any mortgage lender want to continue a practice with a discriminatory effect but no business objective?

While the U.S. inches toward adoption of the EMV chip-card standard, some card makers and issuers are finding they need to move faster than others.

The attorneys general of eight states are requesting to join a lawsuit that challenges the constitutionality of the Dodd-Frank Act and the Consumer Financial Protection Bureau.

WASHINGTON — Senate Banking Committee Chairman Tim Johnson and Sen. Mike Crapo, the top panel republican, wrote to regulators on Wednesday urging them to weigh concerns by community bankers on pending Basel III capital and liquidity rules.