Regulation

Even before the recent increases, prices Fannie and Freddie charge for credit risk were far higher than when their share of originations was at a low.

Lenders must have their paperwork in order before filing a foreclosure, the Supreme Court of Ohio ruled Wednesday in dismissing a lawsuit brought against Duane and Julie Schwartzwald, homeowners in Xenia, Ohio, by Freddie Mac.

While standards for issuing government-backed loans have clearly tightened for borrowers with spotty credit, bankers report the criteria for someone with a good credit score mirrors standards used before the crisis.

Bureau’s first issue of “Supervisory Highlights” identifies issues with credit limits and inadequate mortgage disclosures as some of the violations found in first year of exams carried out by the new agency.

Federal bank regulators gave their examiners new guidelines Wednesday for supervising technology service providers.

MasterCard posted a third-quarter profit that beat analysts' estimates as U.S. consumer spending increased.

Barclays posted a 29% gain in third-quarter pretax profit and said it was the target of two more regulatory investigations.

After more than a year of planning and regulatory scrutiny, a United Kingdom mobile commerce joint venture called Project Oscar isn’t quite ready to call itself a mobile wallet or payments service.

Ally Financial said Wednesday that it has repaid $2.9 billion of debt issued under the Federal Deposit Insurance Corp.’s Temporary Liquidity Guarantee Program.

Bubble-era claims about the various ways that owning a house could make you and your children happier are coming back to life.