Regulation

The two Democratic senators said Thursday that FHFA Acting Director Edward DeMarco should act now to make it easier for homeowners to refinance.

The best way to stave off regulatory excess in the wake of a financial crisis is to stop causing crises in the first place. More restraint on financial institutions' part could help.

The Consumer Financial Protection Bureau wants banks to collect all customer complaints in one unified, companywide database, a lawyer at Santander's Sovereign Bank said on Thursday morning.

Chris Peterson recently suggested cities should require payday lenders to describe themselves as "predatory" on storefront signs. Now he's a senior counsel to the CFPB.

To ensure covenants are satisfied, loan syndicates obtain private information that would give an equity market maker an advantage. Reinstating Glass-Steagall may be the only way to prevent reuse of such information.

The agency is working on rules to make home lending more transparent – and on a lot of other things too.

Fed Chairman Ben Bernanke said the central bank has taken steps to ensure its examiners are not artificially constraining lending.

The Consumer Financial Protection Bureau detailed rules Wednesday that would impose new limits on origination points and fees, and prohibit certain kinds of originator compensation.

The National Reverse Mortgage Lenders Association has asked a federal regulator to craft a 'qualified mortgage' rule specifically for private reverse mortgages.

In a largely party-line vote, the House adopted an amendment that would bar the Justice Department from excluding mortgage bond investors from any future settlement talks.