Law and regulation

Regulators have announced the winning bidder for assets of failed Tennessee Commerce Bank.

House Financial Services Committee Chairman Spencer Bachus released a report arguing how the Dodd-Frank Act didn’t end too-big-to-fail policies. This comes on the heels of Barney Frank’s report arguing that it did.

After two official presidential debates without much discussion of the mortgage sector, the issue finally came up in a late-night television interview.

With the growing prevalence of card products such as Walmart's Bluebird, the availability and disclosure of the types of safeguards against loss of customer funds is fast becoming a hot topic.

Steven Antonakes, the chief of supervision, enforcement and fair lending at the Consumer Financial Protection Bureau, brings a track record of fairness to an agency attacked for being hostile to banking.

Vikram Pandit bows out, housing powers higher, banks face new cyber-attacks

The National Credit Union Administration has selected a former examiner to serve as the agency's next executive director, Chairman Debbie Matz announced Thursday.

Regulators can solve the supersized bank problem by removing barriers to market forces. The most important step is to offset the implicit senior debt funding subsidy.

The Bipartisan Policy Center is launching Financial Regulatory Reform Initiative to evaluate the effectiveness of the Dodd-Frank Act.

NCR received a subpoena from the U.S. Securities and Exchange Commission over a whistle-blower’s claims that it may have violated anti-bribery laws.

Anyone waiting for a robust discussion of housing policy by the presidential candidates is unlikely to be satisfied. Not only did the issue never come up during the debates, but President Obama and GOP challenger Mitt Romney haven't said much on the issue at all.

Officials say servicing problems for service members with student loans are comparable to issues facing mortgage borrowers in the military.

Student loan borrowers have been sharing their complaints with the CFPB, and the stories "bear an uncanny resemblance to problematic practices uncovered in the mortgage servicing business," says the agency's student loan ombudsman in a report to Congress.

Republicans will most likely keep control of the House next term, but several GOP freshmen on the House Financial Services Committee are facing tough reelection contests.

WASHINGTON — The Treasury Department said Thursday it will auction off its preferred shares in 11 more institutions that remain in the Troubled Asset Relief Program.

Bankers urged their counterparts to rally against Basel III and other regulations at the American Bankers Association conference in San Diego. In contrast, regulators tried to convince bankers that their voices would be heard in Washington.

Commercial banks donated significant amounts of money to some of the most critical -- and most hotly contested -- congressional races this year.

And for the same reason those guarantees were limited and temporary – namely, moral hazard – TAG should not be extended.

The FTC charged an Ohio-based company and its owner with fraudulently claiming on 17 Web sites they operated that consumers could quickly get out of debt by working with one of several debt settlement companies.

Lenders and consumer advocates are critical of a probable CFPB compromise in which lenders get safe habor from ability-to-pay lawsuits for all "qualified mortgages" except for those with subprime interest rates.