Enforcement actions

'Don't try the FDIC's patience': Comments of the week


Readers react to the FDIC's fine against a bank over a 5-year-old consent order, Regions Financial's about-face on acquisitions, HUD's promotion of a controversial CFPB official and more.


Year's 2nd-biggest merger, bank failures, small-bank layoffs: Top stories of the week


First Horizon, Iberiabank in year's second-biggest bank merger; bank failure in New Jersey is nation's third in a week; smaller banks take a turn swinging the ax; and more from this week's most-read stories.


HUD, Justice Dept. aim to ease lenders' False Claims Act burden


The government has used the law to bring fraud claims against Federal Housing Administration lenders, but the new steps respond to criticism that minor offenders were also getting punished.


Another day, another Capitol Hill grilling for CFPB's Kraninger


In her second day of congressional testimony, Kathy Kraninger took heat from Senate Democrats for weighing in on constitutional questions about her agency and for her enforcement track record.


Dems unload on CFPB’s Kraninger: ‘You are absolutely worthless’


CFPB Director Kathy Kraninger faced a barrage of questions from Democrats on the House Financial Services Committee over why the agency has not demanded refunds for consumers in recent settlements.


Supreme Court yet to decide if it will take CFPB case


A list of upcoming cases published by the high court did not include a challenge to the bureau's constitutionality, but the justices could still decide to review it at a later date.


Citi fined $30 million over how it handled foreclosed property


The Office of the Comptroller of the Currency found deficiencies related to the bank's holding period for "other real estate owned."


Kraninger’s stance on CFPB constitutionality puts rules in limbo


By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation.


How Supreme Court could decide CFPB constitutionality question


If the court agrees to hear the case, its conservative majority could make it easier for a president to fire a CFPB director, though other outcomes are possible.


OptimumBank, Interamerican finally free of post-crisis regulatory orders


The Florida banks had spent years addressing credit quality and capital issues.