Law and regulation

The group representing large banks argued in a report Friday that overlapping regulations are hurting the industry's efforts to deal with cyberthreats.

FHFA Director Mel Watt sketched a regulatory vision that included greater scrutiny of funding mechanisms and large exposures to single borrowers.

While CUs welcome the changes to the appeals process, the merger transparency rule is sure to raise a few eyebrows.

President Trump has nominated Paul Compton, an Alabama attorney with affordable housing experience, to serve as general counsel for HUD.

The Treasury Department significantly raised an estimate for how much the exemption will cost the government over the next decade, putting credit unions on guard that bankers' arguments could be gaining traction.

Lenders are objecting to the Trump administration's proposed $30 million fee designed to partially fund upgrades to the FHA.

With the future of payday lending in flux, the Office of the Comptroller of the Currency has the ability to help provide consumers with a better credit option.

With their big-picture view across multiple portfolios, some CUSOs are reporting an increased appetite for business loans and participations.

The top executives at Guaranty Bank said that, after years of struggles, the $1 billion-asset bank was a month or two away from raising the capital it needed to survive.

Guaranty Bank & Trust in Milwaukee was shut down by federal regulators Friday, just a week after one of the costliest failures since the crisis.