Regulation

The banking and credit union trade associations in Washington are not known to see eye to eye very often. But they do sometimes swap staff.

An internal battle among the state attorneys general over foreclosure problems has raised doubts about their ability to negotiate a successful settlement with banks.

With the Eastern Seaboard bracing Friday for the arrival of Hurricane Irene, the FDIC told banks to look in the not-too-distant past for how to deal with damaging storms.

A new Federal Reserve Board report refutes the claim by some that the Community Reinvestment Act and affordable housing goals of Fannie Mae and Freddie Mac caused the mortgage crisis.

Nearly two years after HUD revamped mortgage disclosure rules, many lenders rely on manual processes — if any — and end up having to pay the difference between underestimated and actual closing costs.

In the Washington Post last week, housing columnist Kenneth Harney took an interesting look at mortgage loans guaranteed by the Department of Veterans Affairs.

Two more community banks have exited the Treasury Department's Troubled Asset Relief Program with loans they received from another government fund designed to encourage small-business lending.

The Fed chairman said negotiations over the debt limit hurt the economy, and future such episodes could do even more damage.

JPMorgan Chase & Co. has agreed to pay $88.3 million to settle charges related to apparent violations of economic sanctions dating back to 2005.

The Federal Trade Commission, along with four state attorneys general, has shut down a fraudulent operation that allegedly took advantage of financially distressed consumers by falsely promising them a “guaranteed” $25,000 grant from the federal government.