American Bankers Association

The Treasury Department is expanding its calls for overhauling regulation of the financial services sector, this time focusing on changes to the most significant rules surrounding securitization and derivatives.

At 1.56%, the delinquency rate on consumer loans remains well below historic averages, the American Bankers Association said Thursday.

The groups argue that the CFPB did not properly conduct a cost-benefit analysis of the rule banning mandatory arbitration agreements and that the final product will harm, not help, consumers.

Sen. Elizabeth Warren, D-Mass., sent a letter to 16 big banks asking them if they support a GOP effort to overturn the CFPB arbitration rule.

The renewed debate on reforming Fannie Mae and Freddie Mac is focused on how small and midsize banks would be affected.

The accounting board has scheduled a meeting that bankers hope will produce eleventh-hour modifications to reserving requirements.

Risk management concerns were responsible for a five-percentage-point reduction in bank non-qualified mortgage lending last year.

Though it's too early to have a concrete plan regarding Fannie Mae and Freddie Mac, the administration is creating a set of principles that it hopes to release in a few months.

U.S. bank regulators have tentatively agreed to ease an appraisal requirement that could help commercial real estate borrowers.