Washington/Regulatory
Durbin Sees More Support for Mortgage Bankruptcy
Offers new ways to force loan mods
American Banker | Aug 4Sen. Richard Durbin said Monday that, if voluntary loan modifications do not increase significantly within three months, he will revive a legislative effort to let judges rework ...
Servicers Seek a Relaxation of Loan-Mod Doc Guidelines
American Banker | Aug 4Mortgage servicers are urging the Treasury Department to relax some of the requirements of the Obama administration's loan-modification program, claiming the time-consuming ...
FDIC Reminder on Second-Lien Woes
American Banker | Aug 4The FDIC reiterated Monday that banks should look closely at potential losses on second mortgages and other kinds of home equity loans that could come under increased ...
FHFA: May Loan Modifications Drop, Foreclosure Starts Rise
Dow Jones | Aug 4The Federal Housing Finance Agency said in a monthly report that completed loan modifications fell for a second-straight month in May, dropping to 10,400.
Colonial Receives Search Warrant
Bloomberg News | Aug 4Colonial BancGroup Inc. has received a search warrant from regulators tied to the bank rescue program.
Bailed Out Banks Turn to Treasuries
Bloomberg News | Aug 4U.S. lenders bailed out by the government are returning the favor by stepping up purchases of Treasuries, helping to temper a rise in borrowing costs.
Washington Resources
FEDERAL REGISTER
More Washington/Regulatory News
- Fed Orders Warren to Raise Capital
- FDIC Sets Toxic-Loan Portfolio for Market Test
- Regulators Shut Five More Banks
- Washington People
- House Tweaks, Passes Exec Comp Bill
- Bill Would Undo Mutual Rule
- Deal Pushes Derivatives Regulation Bill Forward
- Agency Says No to FHLB Securitization
- House Panel to Probe Aid Recipients' Pay Practices
- Bill Favors FDIC on Wind-Downs
- Bill: Expand CU Business Lending
- Losses Abate in Fed Bailout Investing
- Pittsburgh Federal Home Loan Bank Sues Lehman for $41.5M
- Prizes Considered as Incentive to Save

A roundup of the most recent actions from