Regulation

Federal regulators issued proposals on Wednesday that would make home appraisals essentially compulsory in certain cases before banks can approve a loan.

The rules for mortgage servicing were written primarily for the largest players, but it is the smaller ones that will have the hardest time absorbing the costs.

The market for mortgage securities backed by the U.S. government is the smallest in three years, bolstering the value of the debt and potentially expanding the effects of any new buying by the Federal Reserve.

ING Bank's $1.67 billion settlement with the Office of Foreign Assets Control is a textbook example of the decision-making process such regulators follow in handling violations.

William C. Dudley, president of the Federal Reserve Bank of New York, said new rules are needed to protect the financial system from a run on money-market mutual funds, lending his support to a regulatory overhaul proposed by U.S. Securities and Exchange Commission Chairman Mary Schapiro.

The UK bank's agreement to pay New York state $340 million to settle money-laundering charges raises the specter that a new regulator is bent on making the industry demands it can't refuse.

Two years after converting the preferred shares it owned in Sterling Financial (STSA) into common stock, the Treasury Department is now looking to sell those shares on the open market.

We learn lessons after every financial crisis. But it doesn't stop the next one from happening.

The Consumer Financial Protection Bureau issued a final rule exempting financial institutions that provide fewer than 100 remittances a year from new requirements for such services.

NCR Corp., a maker of automated teller machines and payment systems, tumbled the most in two years after saying it received allegations about business practices that might violate U.S. laws.