Regulatory & Compliance

The new Consumer Financial Protection Bureau will pay special attention to the financial needs of military personnel to help ensure that lenders don't exploit them.

The new Consumer Financial Protection Bureau will pay special attention to the financial needs of military personnel to help ensure that lenders don't exploit them.

NCUA General Counsel Robert Fenner and Office of Examination and Insurance Director Melinda Love both plan to retire later this year, the agency announced last week.

Reactions to the $800 million in lawsuits filed June 20 by NCUA against J.P. Morgan Securities and RBS Securities over what NCUA claims were fraudulently packaged mortgage- backed securities heated up as experts debated exactly what is going on and what the litigation means to credit unions.

See you in court. After failing to reach an agreement with two of the largest investment bank to recover losses from mortgage-backed securities sold to corporate credit unions, the NCUA last week filed civil lawsuits against RBS Securities, a Royal Bank of Scotland unit, and J.P. Morgan Securities. The agency is...

Trade CEO asks agency to consider making prepayments "slightly less" than what agency is paying in interest to the Treasury Department.