Government

Just how well-capitalized is JPMorgan Chase? The bank's CEO, Jamie Dimon, tells us exactly how much in his annual letter to shareholders.

Financial reform under Dodd-Frank has taken some heat and even encountered a few setbacks lately, namely the removal of the Financial Stability Oversight Council’s “systemically important financial institution” (SIFI) from MetLife and the Consumer Financial Protection Bureau’s pending trial from PHH Corp.’s appeal of a $109 million penalty handed down last June.

Mortgage interest rates continued their downward pattern this week, reaching their lowest level since February of last year.

In his speech at the American Banker Retail Banking Conference in Las Vegas today, Comptroller of the Currency Thomas Curry spoke to the importance of innovation in the financial services industry–especially amidst the constantly changing technological environment.

While most everyone knew the TILA-RESPA Integrated Disclosure regulations would result in delays, not many expected those delays to be so sweeping.

Freddie Mac announced a new partnership with Hope LoanPort (HLP) Wednesday, intended to "modernize" the housing counseling industry so counselors can spend more time helping potential borrowers and less time on administrative tasks.

Home builders have hit a roadblock. The ramped up regulatory environment has made it difficult for home builders to build affordable homes.

JPMorgan Chase Bank has become the first institution to file a residential mortgage-backed securitizations deal that qualifies under the Federal Deposit Insurance Corporation’s six-year-old Safe Harbor rule.

Now almost five years old, the CFPB remains the subject of a heated debate among lawmakers: Is the Bureau an organization vital to the financial well-being of consumers, or is it simply a government bureaucracy that abuses its power?

With every proposal for GSE reform being shot down at every turn, the chances of change occurring remains slim but not impossible.