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Thomson Reuters Corp., the provider of financial data and news, elected former Federal Deposit Insurance Corp. Chairman Sheila Bair to its board, adding an outspoken advocate of greater transparency from banks.
May 27 -
Mortgages generated the bulk of consumers' complaints.
May 27
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The Financial Stability Oversight Council prices enhanced transparency.
May 27 -
The agency proposes its first fee increase in 20 years.
May 27 -
The Ohio Division of Financial Institutions closed Columbia Savings Bank in Cincinnati on Friday.
May 23 -
The congressional stalemate over how to restructure the housing finance system leaves several questions unanswered about other bank regulations currently in the pipeline.
May 23 -
Democratic allies are hoping that, once confirmed, Julian Castro will focus on increasing affordable housing and making mortgage credit more available to first-time homebuyers.
May 23 -
House Financial Services Committee Chairman Jeb Hensarling is challenging the idea that regulators should restrict banks' activities based on a judgment about the potential harm to their reputations.
May 23 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
May 23
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The dramatic headwinds of the Affordable Care Act will result in increasing defaults and bankruptcy for many healthcare operators. Lenders should start evaluating risk in their healthcare portfolios now.
May 23 -
The agency's "Supervisory Highlights" report focused on a slew of issues and federal violations that the agency found while examining payday lenders, debt collectors and consumer reporting agencies that resulted in $70 million in remediation payments to consumers.
May 22 -
House Republicans aren't likely to cease their attacks against the Consumer Financial Protection Bureau anytime soon, but they appear to be swapping playbooks.
May 22 -
The 2009 law that restricts a range of fees and practices has become the devil you know for the credit card industry.
May 22 -
House lawmakers on Wednesday sharply questioned the speed of the Consumer Financial Protection Bureau's response to problems with its employee ratings system after discovering that a consulting firm identified disparities based on race, age and gender nearly eight months ago.
May 21 -
New York banking regulator Benjamin Lawsky said Wednesday his office will investigate claims that Ocwen Financial Corp. (OCN) and other servicers require distressed borrowers to sign nondisclosure agreements in order to receive mortgage modifications.
May 21 -
Esther George, the president of the Federal Reserve Bank of Kansas City, said Wednesday that community banks are facing headwinds from low interest rates and the cost of complying with the Dodd-Frank Act.
May 21 -
Recently raised regulatory concerns about the massive transfer of mortgage servicing rights from banks to nonbanks are fueling industry hopes that policymakers may be open to addressing the issue.
May 21 -
The Senate confirmed economist Stanley Fischer to the Federal Reserve Board Wednesday afternoon.
May 21 -
Federal Reserve Board Chair Janet Yellen on Wednesday bestowed some advice to New York University's 2014 graduating class, telling them to be curious, listen to others and accept that failure is going to happen.
May 21
