Regulation

Nacha CEO Janet Estep discusses how her organization polices bad actors on the automated clearing house network, why it doesn't single out specific merchant categories as risky, and how nudging the industry toward "push" payments will help.

WASHINGTON — The Consumer Financial Protection Bureau has made some key changes to its compliance guide for the three major mortgage rules that took effect earlier this year.

Federal prosecutor Loretta Lynch may soon replace Attorney General Eric Holder, leaving bankers wondering whether she will be tougher on institutions than her predecessor.

The National Credit Union Administration claims a Deutsche Bank unit was negligent as a trustee overseeing mortgage-backed securities and played a role in the failure of five corporate credit unions.

Regulators are expecting financial institutions to provide detailed modeling of deposits and ever-greater documentation in the next round of stress tests, bankers and consultants say.

The Treasury Department and its anti-money laundering unit find themselves on the defensive as bankers say they're cutting ties with entire business sectors as a result of blunt enforcement efforts.

Fannie Mae executives are confident they can responsibly administer a new 3% down payment program to ensure it's an effective tool for increasing access to credit.

The Supreme Court has agreed to consider a case related to the use of disparate impact theory to charge organizations with discrimination under the Fair Housing Act. The case highlights a key problem with current interpretation of the statute: it ignores a basic statistical pattern that makes it hard to determine which practices would produce a better outcome for protected groups.

Well-managed banks have the opportunity to issue shares and strengthen their capital base before new requirements take effect and the markets adjust to a low-risk environment.

The Office of the Comptroller of the Currency closed Frontier Bank FSB in Palm Desert, Calif.