Regulation

The Department of Housing and Urban Development's inspector general issued five reports about foreclosure-handling practices at five major U.S. banks: Wells Fargo, Bank of America, JPMorgan Chase, Citigroup and Ally Financial.

The window of opportunity to get away with questionable fees on reloadable prepaid cards may be narrowing.

John Walsh, the acting Comptroller of the Currency, told attendees they shouldn't expect surprises from the OCC's exam process. Martin Gruenberg, acting chairman of the FDIC, added that big banks should face the same market forces as smaller institutions, including the threat of failure.

The OCC is probing JPMorgan Chase's credit card debt-collection processes.

Robo-signed affidavits and sloppy legal work led the bank to halt court claims. The errors cast doubt on billions of dollars in judgments.

The biggest banks got a clearer picture Monday of what to expect when the Federal Reserve Board releases its latest stress tests results later this week.

Bank of American Corp. and Ally Financial Inc. have agreed to make deeper principal reductions for some borrowers under the $25 billion multistate mortgage servicer settlement.

More than a month after federal and state officials announced a massive $25 billion settlement with the five mortgage servicers, the Justice Department on Monday finally released the actual legal document. The document dump provided critical new details about the terms of the agreement.

Promontory Interfinancial Network LLC said Monday that its Insured Cash Sweep service is now fully integrated with Data Center Inc.'s iCore360 core banking software.

TCF Financial CEO William Cooper had some surprising praise this week for the much-contested CFPB. But he pulled few other punches, telling retail bankers that Bank of America "screwed the pooch" with its failed debit-card fee.