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Democrats wary of GOP flood insurance proposals

06/08/17

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

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

06/01/17

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

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Improving loan performance sparks renewed calls for FHA premium cut

05/19/17

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.

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Deutsche Bank says former executives set to pay for missteps

05/18/17

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

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Why regulators waited years before hitting Ocwen again

05/17/17

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.

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Philadelphia is latest city to sue Wells Fargo for discriminatory lending

05/15/17

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.

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Supreme Court rules cities can sue banks for housing discrimination

05/01/17

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

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CFPB sues four online tribal lenders over alleged illegal debt collection

04/27/17

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.

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Energy sector rebound fuels 1Q profit rise at Texas Capital

04/19/17

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.

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BancorpSouth reports higher profit on loan growth, expense control

04/19/17

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.

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