Regulation

New proposal would adjust definitions in the agency's premiums formula that banks had said was too burdensome. An FDIC board member said the plan may still be too complicated.

The current U.S. tax code represents decades of political manipulation rather than any grand design, and can certainly be improved upon, but only a tax neutral pro-growth tax reform can prevent the deficit from spiraling out of control. Hence tax reform should favor saving over consumption and productive work over leisure, but otherwise be neutral, allowing capital and labor to flow to their most productive use.

Wells Fargo is already contacting borrowers who might be eligible for a principal reduction as required under the $25 billion robo-signing settlement with state and federal law enforcement agencies.

The Federal Deposit Insurance Corp. proposed Tuesday changing the formula it uses to calculate quarterly assessment fees on banks, responding to complaints from banks that a rule put in place last year was unworkable.

Mortgage bondholders are crying foul — and lining up their lawyers — over losses they would incur if servicers write down investors' holdings.

Forget the four-letter dirty words. It’s the 10-letter one – regulation – that will really offend bankers.

Florida authorities have uncovered an international crime ring involving dummy corporations and fraudulent loans.

Mortgage bondholders are threatening legal action over the $25 billion national mortgage settlement, which will give the five largest servicers credits for principal writedowns that the bondholders may take.

The Federal Housing Finance Agency had sharp words Monday for state and local governments that have passed laws meant to help homeowners facing risk of foreclosure, blaming them for slowing down the foreclosure process.

To date, the public dialogue about the Transaction Account Guarantee program has been divided between the political and reputational risks of continuing this extraordinary federal insurance and the potential liquidity crisis that could ensue if the program ends prematurely and abruptly.