Regulators and industry have for years discussed how to prudently expand access to mortgage credit. With improved modeling and...

Two bills introduced in Congress, H.R. 6370 and S. 3508, ‘‘Disaster Protection for Workers’ Credit Act of 2020’’ would impose a...

Post-crisis progress has clearly been made, but there is still much work to be done to steer clear of subsequent financial disasters....

There are proposals on the table to reprivatize and recapitalize Fannie Mae and Freddie Mac, but such a restructuring would not be...

Complicated by the recent entrance of Facebook, the opaque, poorly-regulated nonbank financing market could eventually threaten global...

Facebook's announcement that it would launch a cryptocurrency called Libra ratchets up the pressure on commercial banks, at a time when...

Extreme-weather events are on the rise, and financial institutions must account for them in their loan portfolios. What’s the real impact...

When the next major downturn occurs, will the industry be stable enough to survive? That could depend on risk management and regulatory...

The current DTI rule for qualified mortgages is too restrictive and should be abandoned in favor of more reasonable underwriting standards.

U.S. credit reporting agencies are currently plagued by risk management deficiencies and inadequate regulatory oversight. What steps can...

Tim Sloan, CEO of Wells Fargo testified before Congress today on their progress dealing with a number of consumer account scandals...

The bank’s self-analysis of its critical risk deficiencies should serve as a cautionary tale, emphasizing the importance of risk culture,...

Global economic stability is currently being threatened by geopolitical risk, climate change and the cyber revolution. What steps can...

Instead of adopting rules geared toward eliminating risky bank behavior, the supervisory agency continues to embrace arcane policies that...

More than a decade after the crisis, the risk to the FHA’s Mutual Mortgage Insurance Fund from a major mortgage downturn remains...

Increasingly, so-called automated valuation models are replacing manual appraisals in the mortgage industry. But while AVMs are faster,...

Credit unions are fighting back against Sen. Elizabeth Warren’s proposal to subject them to the Community Reinvestment Act. While it’s...

Wells Fargo’s ongoing problems have demonstrated that there are still significant flaws in the so-called CAMELS supervisory rating system...

Opaque credit derivatives, increased shadow banking and ineffective mortgage regulation were among the market conditions that...

Product morphing and fatal process flaws played an important role in the economic meltdown. How have product risk and process risk...