Law and regulation

The Consumer Financial Protection Bureau says it will delay the effective date of new disclosures about escrow accounts and other items as the agency crafts a broader overhaul of mortgage forms.

The Clearing House has named the top executives of two of the nation’s biggest banks to lead its supervisory board in the coming year.

New York's Attorney General has issued a letter demanding that Wells Fargo (WFC) resume processing mortgage modification requests for borrowers in states hit by Hurricane Sandy.

An effort to overhaul commercial bankruptcy laws is in its early stages, and creditors in the syndicated loan market sense a threat to some of their most important tools for guarding collateral.

The Lansing, Mich., company has a confirmation hearing on Dec. 4. A delay could prove costly to Capitol's survival; the state regulator has threatened to seize the company's bank in New Mexico on Dec. 20.

Taxpayers are getting a bargain by propping up the cash-strapped Federal Housing Administration.

A Holiday album from John Travolta and Olivia Newton-John may spur a rash of bank failures and spur the Fed to act, according to the satirical newspaper The Onion.

Reintroduce an element of personal liability for highly paid senior bank executives, phase out the implicit government guarantee of senior creditors' claims at large banks and increase focus on board governance to ensure better aligned incentives.

Visa Inc., the world's largest payments network, said it will provide documents to the U.S. Federal Trade Commission after the agency asked for information on a debit-card service that may have violated the Durbin amendment.

Visa said it will provide documents to the U.S. Federal Trade Commission after the agency asked for information on a debit-card service that may have violated the Durbin amendment.

How would the largest financial institutions fare during various future economic conditions? The Federal Reserve Board has released three scenarios the 19 big banks should use in preparing for their annual stress tests required by Dodd-Frank.

While it's unlikely Congress will enact a bill solely devoted to extending full FDIC coverage for transaction accounts, the "lame-duck" session does allow several opportunities for renewing the deposit insurance program.

An independent audit found that the Federal Housing Administration's capital reserve ratio fell into negative territory, meaning the agency may need a bailout from the Treasury Department for the first time in its 78-year history.

The Payment Card Industry Security Standards Council is providing guidelines to help industry participants better identify and analyze security risks.

If regulators continue to sting banks with overzealous enforcement actions and ill-conceived policies, they, like the scorpion in Aesop's fable, could find themselves up the creek without a frog or paddle.

Would the orderly liquidation authority in Title II of the Dodd-Frank Act work as intended in a megabank failure? The Clearing House Association staged a simulation to war-game that question and found it did.

The torrid pace of innovation in the financial industry, especially in the mobile-payment sector, brings problems as well as opportunity. One of those problems is patent issues.

The Senate late Thursday confirmed the top two senior officials to lead the Federal Deposit Insurance Corp. following months of uncertainty.

Wordpress, the world’s most popular Web publishing platform, has begun accepting Bitcoin, an international digital currency and payment system with no central issuing authority.

A bill to protect the nation's critical infrastructure from cyberattacks has again failed to clear a congressional hurdle.