Regulation

The Consumer Financial Protection Bureau has turned to a technology expert for a little help.

Following a prolonged stretch of modest loan growth, the Federal Deposit Insurance Corp.'s Quarterly Banking Profile showed loan balances shooting to a level not seen since 2007.

An examination of the details in the B of A settlement shows many examples of risky behavior, including mortgage applications that were underwritten with "shadow" guidelines that allowed exceptions to approve almost any loan.

Efforts to limit so-called tax inversions are destined for failure until policymakers reform the corporate tax rate, writes Mark Olson of Treliant Risk Advisors.

The industry's profit in the second quarter rose more than 5% from a year earlier to $40.2 billion as institutions continued to reduce their loan-loss expenses and registered an uptick in loan growth, the Federal Deposit Insurance Corp. said Thursday.

Banks that misinterpret regulatory guidance on vendor risk management can wind up shortchanging themselves and stifling industry innovation, according to consultant Paul Schaus.

Ginnie Mae President Ted Tozer took issue with a government watchdog report that criticized both his agency and the government-sponsored enterprises for failing to catch the massive fraud at Taylor, Bean & Whitaker.

A bulletin from the Consumer Financial Protection Bureau outlining new policies for mortgage servicing transfers has the industry on alert for another possible round of rulemaking coming down the pike.

WASHINGTON — Regulators next week plan to finalize a tough new liquidity measure as well as propose margin requirements for banks engaged in swaps activities.

Allowing the Federal Home Loan Bank System to invest in mortgage-backed securities is just one of many ideas being pitched to policymakers to revive the private-label market.