Regulation

Supporters of allowing more business lending by credit unions get nods from a consumer group and a group of conservatives and free-market organizations. Meanwhile, a Michigan credit union joins banks in opposing the measure.

To the extent the public is aware of the low-profile Office of Financial Research, House Republicans are working to make sure that those perceptions are negative.

Although the Government Accountability Office gave the Federal Deposit Insurance Corp. its stamp of approval for 2010 and 2011 financial statements, the watchdog yet again said that the FDIC had overestimated the cost of certain of loss-sharing deals.

Patrice Ficklin, the CFPB's assistant director for fair lending, provided a glimpse into the bureau's fair lending work at a housing conference in Washington Wednesday.

Nearly a year after it returned to profitability, Citizens Republic Bancorp Inc. (CRBC) of Flint, Mich., has been released from its enforcement action with the Federal Reserve.

Particularly vexing is one bank’s requirement that cardholders sign up for a payment protection service before receiving materials describing it. Hawaii deserves praise for protecting residents from these questionable practices.

Comptroller of the Currency Thomas Curry on Thursday urged eligible borrowers to sign up for the OCC's foreclosure-review process, and suggested that homeowners who didn't like the results would still be able to sue their mortgage servicers later.

Regulators on Thursday heeded complaints by financial institutions to provide precise guidance on when they would have to comply with the so-called "Volcker Rule," saying full compliance was not expected before July 21, 2014.

A Federal Reserve rule has sown confusion about the way lenders pay housing appraisers, creating new turmoil in an industry already burdened by expensive middlemen, falling home prices and diminished ranks.

Small-business lending may be heating up for the most creditworthy borrowers, but gaps in that market remain, according to Small Business Administration head Karen Mills.