Regulation

The House Democratic Caucus named six incoming freshman members of Congress to serve on the Financial Services Committee next year.

The OCC says the decline in foreclosures year-over-year has been largely driven by improving economic conditions and increased effort by servicers to keep borrowers in their homes.

The Consumer Financial Protection Bureau and several state attorneys general won their first joint-case Friday against a debt-settlement company in Florida.

JPMorgan Chase & Co. will be the target of a regulatory enforcement order stemming from mistakes that led to at least $6.2 billion in trading losses, according to a person briefed on the situation.

The OCC told financial institutions to report cyber attacks to law enforcement and alert customers to their impact as new assaults targeted PNC and other banks.

MasterCard Inc., already facing at least 12 U.K. lawsuits after European Union regulators outlawed cross-border card fees, was sued by Deutsche Bahn AG and J Sainsbury Plc.

As an industry, we do not need to be piling new regulations on our own head. When we fail to present a unified front and effectively communicate to professional lawmakers, the result will be ill-conceived laws.

UBS's guilty plea seen as "epic," small banks get a bit of good news, the Consumer Financial Protection Bureau preps for a busy year.

President Barack Obama signed two bills on Dec. 20 that will protect information banks provide to the Consumer Financial Protection Bureau and eliminate a requirement on ATM fee notices.

WASHINGTON — President Obama signed two bills on Thursday that will protect information banks provide to the Consumer Financial Protection Bureau and eliminate a requirement on ATM fee notices.