Law and regulation

The House Financial Services Committee passed nine bills on Tuesday with provisions that would make key changes to Title VII of the Dodd-Frank Act.

Chief Executive Brian Moynihan faced angry comments from more than 30 shareholders, but most criticized the company's financing of the coal industry, not its mortgage servicing or foreclosure practices.

Sen. Elizabeth Warren, D-Mass., introduced a bill Wednesday that would temporarily allow students eligible for federally subsidized Stafford loans to borrow at the same interest rate that the largest institutions receive through the Federal Reserve discount window.

New reports from Fannie Mae and Freddie Mac show the value of a government guarantee on multifamily mortgages.

Monarch Community Bancorp in Coldwater, Mich., plans to raise $16.5 million through a private placement.

Freddie Mac will pay $7 billion to the Treasury Department after reporting the second-largest quarterly net income in the company's history.

U.S. Senator Elizabeth Warren (D-Mass.) has introduced a bill designed to lower the interest charged on federal student loans, a preemptive move ahead of an expected rate hike this summer.

An analysis of FDIC data shows the leverage ratio did little to distinguish banks that have failed since 2008 from those that remained healthy.

The House Financial Services Committee passed nine bills largely related to the derivatives market on Tuesday, exposing critical divisions among Democrats on the panel.

The case for a national housing finance commission.

A bank cited by regulators for lending policies allegedly favoring minorities and women over white males is proof for some of just how frustrating it is for institutions to comply with fair lending laws.

A new paper commissioned by the American Enterprise Institute, a conservative think tank, highlights risks community banks face from the Dodd-Frank Act.

American Express is pursuing a new chief financial officer to help it manage the opportunities and financial stress borne by the future of digital commerce and emerging merchant acquisition strategies.

Regulators are trying to shut down Mission Settlement Agency in New York and Premier Consultant Group in New Jersey, alleging they charged millions of dollars in unnecessary fees.

The Federal Reserve Board has terminated an enforcement action against Greer Bancshares in Greer, S.C.

The debate to amend provisions of the Dodd-Frank Act is about to become heated as the House Financial Services Committee is scheduled to vote on nine derivatives bills today.

It's difficult to identify the victims of money laundering, other than the bank shareholders that must expend millions of dollars for the proactive compliance required as the state's deputized enforcers.

Banks hope that banking regulators will allow them to avoid taking an accounting hit when they offer forbearance to recent college graduates, many of whom are either out of work or underemployed.

FNB Bancorp in South San Francisco, Calif., has partially repaid the funds it received under the Treasury Department's Small Business Lending Fund.

New York Attorney General Eric Schneiderman stands alone in announcing a lawsuit against Bank of America and Wells Fargo for violations of the $25 billion mortgage settlement. But that may soon change.