Regulation and compliance
Regulation
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The financial condition of the Federal Housing Administrations mortgage insurance fund has improved significantly over the past year, Department of Housing and Urban Development Secretary Julian Castro predicted late Monday.
October 27 - Maryland
First Horizon National Corp. in Memphis expects to be fined up to $11.5 million by federal arbitration panel, in a dispute over its sale of preferred-term securities to First United Corp. in Oakland, Md.
October 27 -
New Yorks attorney general called on more than 90 banks including units of Toronto-Dominion Bank and HSBC Holdings to revamp customer screening procedures to give poor people better access to financial services.
October 27 -
The acting head of New Yorks Department of Financial Services will step down before the end of the year, giving New York Governor Andrew Cuomo a run at reshaping a regulator that has levied billions of dollars of penalties against international banks and at times raised hackles in foreign capitals.
October 27 -
Led by a team of financial services and regulatory veterans and young techies, Privacy.com represents the first mainstream attempt to build a business explicitly around transactional privacy in the era of Edward Snowden and Ashley Madison.
October 27 -
Michigan CU League CEO Dave Adams says the league is making real progress on getting pro-credit union legislation through the state legislature.
October 26 -
Consumer Financial Protection Bureau Director Richard Cordray issued a public rebuke of RushCard on Friday, warning that it must rapidly fix technical glitches that have left customers locked out of their accounts.
October 23 -
Community organizations and the banking industry are advancing dueling visions for how to reach the unbanked, with community groups asking regulators to strengthen existing rules while community banks want to lighten their regulatory burden so they can extend their services.
October 23 -
WASHINGTON Two senior Democrats are urging congressional leaders to block financial policy riders from a yearend budget deal, including Sen. Richard Shelby's sweeping regulatory reform package.
October 23 -
A faster than expected recovery following the financial crisis may mean that small banks see a significant reduction in premiums as early as the first quarter of next year, while larger institutions later face a surcharge required by the Dodd-Frank Act.
October 22 -
Two senior Democrats are urging congressional leaders to block financial policy riders from a yearend budget deal, including Sen. Richard Shelby's sweeping regulatory reform package.
October 22 -
Industry representatives are howling about the lack of consumer benefit from the Durbin amendment, but we still know very little about the impact of the debit fee cap.
October 22 -
Furthering efforts to bring virtual currency mainstream, cryptocurrency companies and trade groups are teaming up to create a forum to aid law enforcement in weeding out criminal activity.
October 22 -
Federal banking regulators gave ground in a final rule to raise collateral requirements for uncleared swaps, providing special consideration for swaps traded between affiliates of the same firm.
October 22 -
The Federal Deposit Insurance Corp. is set to vote Thursday morning on a proposal that would force big banks to bear the assessment burden of growing the agency's federal reserves to a new minimum.
October 22 -
"We are reaching that point in the cycle where credit risk is moving to the forefront" of regulatory concerns, Comptroller Thomas Curry warned Wednesday.
October 21 -
The head of the Consumer Financial Protection Bureau warned software vendors that they face new scrutiny from regulators for causing mortgage lenders to miss the TRID-compliance deadline. He was vague about how far the CFPB might go, but many in the industry are prone to fear the worst.
October 21 -
Fourteen federally insured credit unions subject to civil monetary penalties for filing late Call Reports have consented to penalties, NCUA said Wednesday.
October 21 -
Democratic presidential candidate Sen. Bernie Sanders is backing a plan to allow the U.S. Postal Service to provide banking services.
October 21 -
Private mortgage insurers are seeking a larger share of the credit risk on Fannie Mae and Freddie Mac-guaranteed loans.
October 20


