Regulation and compliance
Regulation and compliance
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Washington Federal Bank and Planet Home Lending are both off the hook for the remainder of their consent orders, which the bureau quietly terminated.
September 29 -
Connecticut banking officials cited a series of alleged violations, including false and misleading statements and failure to maintain complete loan files.
September 29 -
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., led a group of congressional Democrats in a letter to bank regulators telling them that loosening capital rules wouldn't improve the Treasury market's functioning.
September 29 -
The push by some Trump officials to bring charges against James had stalled as former U.S. Attorney Erik Siebert determined their wasn't enough evidence.
September 25 -
The embattled regulator has dropped more than half its Biden-era docket, including cases against Apple and U.S. Bank. But insiders at the bureau say that's just the beginning.
September 24 -
AB 226, still subject to governor's approval, allows likely $1 billion of borrowing to cope with strains on the state's insurer of last resort.
September 24 -
There's a 13-percentage-point differential in the use of "advanced" mortgage fraud detection tools between banks and non-banks, with costs as a major reason why.
September 23 -
Prior to this week's Federal Open Market Committee meeting, many onlookers thought a Trump-aligned and oppositional voting bloc could emerge, complicating the central bank's message. But the quarterly economic projections show that not to be the case.
September 22 -
Acting CFPB Director Russ Vought has managed to neuter the Consumer Financial Protection Bureau through a series of actions. Senate Banking Committee Chairman Tim Scott, R-S.C., played a major role by cutting funding in half.
September 18 -
A report from Democratic staff on the Senate Permanent Subcommittee on Investigations said accounting firm KPMG gave Silicon Valley Bank, Signature Bank and First Republic clean audits despite internal warnings, fraud allegations and apparent risks of failure.
September 17 -
A group of Democratic Senators led by Elizabeth Warren, D-Mass., urged regulators to keep the 2023 Community Reinvestment Act overhaul, saying the rule was carefully crafted with bipartisan input.
September 16 -
As President Trump calls for scrapping quarterly earnings reports and switching to a six-month schedule, industry observers wonder whether the time saved would be worth the potential loss of transparency.
September 16 -
The Federal Housing Finance Agency director should spend less time on partisan attacks and social media posting, and more on trying to resolve the housing crisis.
September 15 -
The American Land Title Association is supporting Fidelity National Financial's efforts to stop an anti-money laundering rule from going into effect.
September 15 -
The federal regulator terminated the wholesale lender's FHA approvals in six jurisdictions because of certain elevated default and claim rate data.
September 12 -
The Consumer Financial Protection Bureau told its staff to expect an upcoming reduction in force because the agency's budget was cut in half by the president's recently passed tax and budget bill.
September 11 -
Mortgage experts say the government can tweak closing costs, offer tax incentives around home sales and reduce interest rates by various means.
September 9 -
US Chief Justice John Roberts let President Donald Trump temporarily oust a Democratic member of the Federal Trade Commission, signaling that the Supreme Court is likely to back Trump's bid to assert control over the independent agency.
September 8 -
The Office of the Comptroller of the Currency is telling financial institutions that they must safeguard customer data even when federal agencies request information in criminal investigations, addressing Republican concerns about debanking that arose after the Jan. 6 Capitol attack.
September 8 -
White House National Economic Council NEC Director Kevin Hassett endorsed insulating the Fed from political pressure but echoed Trump allies' calls for reevaluating its mission.
September 8


















