Regulation

The National Fair Housing Alliance said Wednesday it plans to file complaints against several banks for consistent disparities in the way they maintain homes in minority neighborhoods compared to white areas.

A decision by the Federal Housing Finance Agency on whether it will wash away portions of underwater borrowers' mortgage is imminent, Ed DeMarco, the agency's acting director, said Wednesday.

Frustrated by a lack of political power and fed up with blindly donating to politicians who consistently vote against the industry's interests, a handful of leaders have formed the industry's first SuperPAC.

Some lenders say the change will curtail abuses by consumers who try to hide debts. Others fear FHA's new guidelines will constrain credit just when the housing market needs it.

American Express (AXP) has begun removing its prepaid gift cards from shelves in New Jersey due to a law that requires retailers to collect ZIP codes from purchasers at the point of sale.

More than a year and a half after the Dodd Frank Act, regulators finalized a critical rule detailing how they will identify systemically important nonbank financial firms.

WASHINGTON — Regions Financial (RF), the largest remaining bank in the government's Troubled Asset Relief Program, repaid its outstanding $3.5 billion investment on Wednesday, the Treasury Department said.

John Delaney, the founder and chairman of CapitalSource in Bethesda, Md., has won the Democratic nomination for a redistricted Congressional seat and will square off against Republican incumbent Roscoe Bartlett in November's general election.

Although Tom Curry, the new Comptroller of the Currency, has sat on the FDIC board for several years, he has been remarkably quiet about his views on key issues. We offer a look back at comments he's given on how he will tackle some tricky questions.

JPMorgan Chase agreed to pay $20 million to settle charges that the bank used customer funds to calculate Lehman Brothers' credit in the two years leading up to the financial crisis in the largest settlement related to a customer account violation, regulators said Wednesday.