The 2015 decision posed new legal challenges for institutions trying to sell loans to third parties, but the federal regulatory agency proposed Monday steps for banks and debt parties to evade state interest rate caps. ... Read full article
A lower court “erred” when it sided with Fannie Mae and Freddie Mac’s investors, the Justice Department said in its petition to the high court. ... Read full article
A regulatory cloud still follows fintech companies following a judge's decision throwing out the Office of the Comptroller Currency’s special-purpose charter. ... Read full article
Will the justices go further than answering constitutional questions about the bureau's leadership structure? ... Read full article
The high court will decide how much latitude a president has to fire the director of an independent agency. ... Read full article
The two Democrats waded into a court battle over the president's ability to fire a director of the Consumer Financial Protection Bureau. ... Read full article
The company was the only no-show at the gathering of Facebook’s payments partners; HSBC was fined $650,000 for violating swaps risk management rules. ... Read full article
Federal appeals court judges in New Orleans on Friday appeared to back claims by investors that Treasury's "net worth sweep" is illegal. ... Read full article
With no fintech applicant officially seeking the agency’s specialized charter, Judge Dabney Friedrich said claims by the Conference of State Bank Supervisors still were not ripe. ... Read full article
A pastor who was falsely arrested for check fraud because of errors made by Wells Fargo employees may be forced to resolve legal claims against the bank in arbitration. The case renews questions about banks' use of the process. ... Read full article
Banks are expected to appeal last week’s field of membership ruling, but credit unions must also explain why part of their new rule doesn't discriminate. ... Read full article
A recent high court decision said judges no longer have to automatically give agencies the benefit of the doubt when interpreting their regulations. ... Read full article
A California man says the company sent his medical information to a friend of his; the Big Four's monopoly may be coming to an end as Citi and others move in. ... Read full article
Former Barclays CEO John Varley was accused of trying to obtain funds to avoid a government bailout; borrowing to pay for weddings surged last year. ... Read full article
Retail stars in bank earnings season as investment banking and capital markets sag; Dutch bank may be waiting in the wings if Deutsche can't close the deal. ... Read full article
The mortgage industry is stepping up its fight against a bill that would raise the Department of Veterans Affairs' mortgage fees to cover medical costs for Vietnam vets. ... Read full article
Last year’s Dodd-Frank rollback facilitated the Chemical-TCF deal; the Fed is holding a conference this summer to discuss possible changes to the tests. ... Read full article
The bank says regulators want information about its possible role in the money laundering scandal; Kristi Mitchem moves to BMO Global Asset Management. ... Read full article
A federal appeals court ruling that found the leadership structure of the FHFA unconstitutional will face an "en banc" review later this month. ... Read full article
The regulator claimed Congress has already granted it the authority to define field-of-membership areas. ... Read full article
