Regulation

Richard Cordray's recess appointment to the Consumer Financial Protection Bureau may ultimately be invalidated, but legal experts say several recent mortgage regulations approved on his watch may still be upheld.

EverBank and OneWest appear set to do what regulators and the largest mortgage servicers concluded was impractical: Finish the independent foreclosure reviews.

Banks and national regulators are too slow to draw up living wills showing how large international lenders can be wound down if they fail, the Financial Stability Board said today.

Research may fail to prove the Community Reinvestment Act contributed to the subprime housing crisis. But its supporters also can’t prove that it didn't.

"Despite delays and protests, compliance with myriad Dodd-Frank and Basel III rules will likely accelerate in the coming year - particularly those around mandated stress tests requiring banks to demonstrate protection from adverse economic pressures," writes American Banker's John Adams.

The inspector general monitoring Tarp says that, despite its previous warnings, the Treasury Department has failed to improve its policies and procedures to ensure that its own guidelines on executive pay are met.

Fannie Mae and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties.

Reopening the mortgage securitization pipeline is a vital step toward a housing market recovery that will boost the wider economy, Comptroller of the Currency Thomas Curry said today in a Las Vegas speech.

Our politics is far more belligerently partisan and dogmatic now than in 2008, and the memory of the public rage over the last bailout is very fresh.

Several pieces of banking-related legislation that were introduced — but not enacted — during the 112th Congress are due to make a repeat appearance in the just-begun 113th Congress. Here are some bills expected to get reintroduced, including everything from restructuring the Consumer Financial Protection Bureau, reforms to stabilize the Federal Housing Administration and required disclosures of privacy notices.