Regulation

The nation's top home lender has been mailing letters and refund checks to nearly 10,000 borrowers acknowledging that they received Federal Housing Administration loans when they would have qualified for less-expensive conventional financing.

Agencies based in Washington were mostly closed in anticipation of the storm, but officials said where possible support for banks and examiners would be made available.

Comptroller of the Currency Tom Curry said the agency is ready to "take action" against banks that lower provisions solely to boost short-term profits.

Kelly S. King, the chairman and chief executive of BB&T (BBT), has been appointed to the Federal Advisory Council.

If U.S. regulators proceed with anything like the 2010 Basel III proposal on liquidity, important bank products such as brokered deposits may simply disappear.

Regulators took a slew of enforcement actions against banks last month in connection with consumer protection, capital adequacy and other matters.

The Pennsylvania Department of Banking and Securities closed the $483 million-asset NOVA Bank in Berwyn on Friday, but the FDIC was unable to find a buyer for the failed bank's operations.

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The CFPB isn’t going away, and if Romney’s elected president there’s a good chance the leadership structure will change in the long run. It's the short run scenario that could get interesting.

Societe Generale, Royal Bank of Canada, and Bank of America are among nine additional banks subpoenaed in a multistate investigation of alleged manipulation of Libor, according to a person familiar with the matter.