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Democrats wary of GOP flood insurance proposals


Democrats are raising concerns about a Republican push to transfer more of the risk of flood insurance to private insurers.


'The CFPB is simply not listening,' credit union group says


Credit unions continue to press the Consumer Financial Protection Bureau for regulatory relief, arguing that existing exemptions have not gone far enough.


Improving loan performance sparks renewed calls for FHA premium cut


The delinquency rate of Federal Housing Administration-insured mortgages fell to a historic low in the first quarter, fueling more calls for a reduction in the agency's annual premium.


Deutsche Bank says former executives set to pay for missteps


The German bank posted two consecutive years of losses partly because of misconduct fines tied to the Libor and other scandals.


Why regulators waited years before hitting Ocwen again


State regulators felt they were strung along by the mortgage servicing giant Ocwen Financial after years of promises that were never fulfilled, resulting in successive enforcement actions against the company.


Philadelphia is latest city to sue Wells Fargo for discriminatory lending


The city joins a growing list of municipalities that have filed similar lawsuits, just two weeks after the Supreme Court ruled that municipalities have standing to sue lenders under the Fair Housing Act.


Supreme Court rules cities can sue banks for housing discrimination


The landmark ruling remands the city of Miami's 2013 suit against Wells Fargo and Bank of America back to the lower court.


CFPB sues four online tribal lenders over alleged illegal debt collection


The Consumer Financial Protection Bureau sued four online tribal lenders on Thursday for illegally collecting debts in 17 states where they are prohibited by state usury or licensing laws.


Energy sector rebound fuels 1Q profit rise at Texas Capital


Texas Capital Bancshares sharply reduced the size of its loan-loss provision as credit quality improved in its energy loan book. That helped the Dallas bank post a 77% rise in first-quarter profit.


BancorpSouth reports higher profit on loan growth, expense control


The Mississippi company's first-quarter earnings rose 60% from a year earlier. Its results from last year were weighed down by a settlement with regulators.