Regulation

Mortgage performance at national banks improved slightly in the second quarter, and seriously delinquent loans were at their lowest level in three years, the OCC said Thursday.

The law radically expands the power of the Fed and banking regulators. It gives the institutions that created the crisis more ability to cause bigger problems in the future.

In her new book former FDIC Chairman Shelia Bair argues that Treasury Secretary Timothy Geithner is to blame for the impression that the Dodd-Frank Act codifies too-big-to-fail policies.

While criticizing big bank bailouts, the former FDIC chairman highlights instances where small firms — including United Commercial Bank and ShoreBank — were closed even with alternatives available.

Two of the state attorneys general in the suit against Dodd-Frank are looking out for investor and creditor rights. The law's orderly liquidation authority "violates the Constitution's separation of powers, the Fifth Amendment's guarantee of due process, and the guarantee of 'uniform' bankruptcy laws," they write.

Interchange has become an ever-more important foundation for credit card lenders as loan portfolios tread water. This interactive graphic shows revenue yields and transaction volume data for large issuers.

WASHINGTON — Zions Bancorp., the largest bank remaining in the Troubled Asset Relief Program, repaid the last of its government funds to exit the program Wednesday, the Treasury Department announced.

Joe Smith, the monitor of the $25 billion mortgage settlement, talks about whether the five largest servicers will be ready when they report on their progress next week.

WASHINGTON — The Federal Deposit Insurance Corp. on Wednesday named agency veteran John Vogel as the regional director in its New York office.

California Gov. Jerry Brown on Tuesday signed three new laws that are part of the Homeowner Bill of Rights aimed at increasing prosecutions for mortgage-related crimes.