Compliance & Regulation

The Michigan company had been operating under the supervisory agreement since 2010.

Proposals to force Bay Area cities to allow housing development at BART stations and to help those squeezed by the new federal cap on tax deductions were among the bills to survive the latest round of cuts Thursday at California's Capitol.

The regulator of the government-sponsored enterprises has substantial authority to intervene as a legislative stalemate continues.

Signals are flashing red in the structured credit market, according to Bank of America.

The Trump administration has argued that the Affirmatively Furthering Fair Housing rule, issued in 2015, was too prescriptive.

The CFPB made changes to a rule that allows financial firms to be exempt from sending annual privacy notices to customers if they meet certain conditions.

The Fed's order targets affidavits prepared by employees of CitiFinancial in connection with the company's exiting the mortgage servicing business.

Most mortgage servicers in the state of Washington are about to be more tightly regulated, in line with a broader trend, but smaller master servicers can get a waiver.

Sen. Brian Schatz, D-Hawaii, said it is hard to imagine how Wells Fargo's $8 million remediation plan would correct a mistake that led to 400 wrongful foreclosures.

The House Financial Services Committee has scheduled an FHFA oversight hearing for September in the wake of waste, fraud and abuse allegations.