Regulation

First Savings Bank Northwest in Renton, Wash., has been released from a formal enforcement order with its regulators after substantially reducing its problem loans and demonstrating that it can earn money on a consistent basis.

A homeowner's struggle to get a loan modification demonstrates the insanity (and inanity) of dealing with lumbering corporate bureaucracies.

WASHINGTON – Lawmakers are calling for immediate action to pass long-stalled data-security legislation in the face of last week’s news of a massive data breach at cards processor Global Payments Inc. (see story).

WASHINGTON – Lawmakers are calling for immediate action to pass long-stalled data-security legislation in the face of last week’s news of a massive data breach at cards processor Global Payments Inc. (see story).

Illinois Attorney General Lisa Madigan is lauding the state's House of Representatives for passing the Debtors' Rights Act of 2012, a bill aimed at protecting consumers from being taken to jail for unpaid debts. House legislators voted 107-0-1 to approve House Bill 5434.

Compliance departments are being stressed like never before by disclosures, audits and testing. Automated compliance platforms are one way to bring it all under control.

Should bank directors and officers have to give up their insurance coverage for civil money penalties?

A few weeks ago, President Obama released his fiscal 2013 budget proposal. The $3.8 trillion spending request-spelled out over 256 pages-is available for download at whitehouse.gov. Or just peruse our quick tour of the items most relevant to banks.

Will the acrimony over swipe fees keep banks and retailers from working together on mobile payments?

Regulators closed Fidelity Bank in Dearborn, Mich., at a cost of about $93 million to the Deposit Insurance Fund.