Tag Archives: Karen Thomas

Tuning the Mortgage Machinery

Tuning the Mortgage Machinery

The CFPB makes progress adjusting its ‘qualified mortgage’ standard, but there’s more work to do By Karen Thomas It took nearly five months, but the Consumer Financial Protection Bureau has finished some important details for community banks in its final rule establishing ability-to-repay requirements for mortgage loans. Last month, the CFPB announced new amendments to […]

Taming the Unruly Bulls

With regulatory measures falling flat, Congress is taking the lead on ending too-big-to-fail, advancing legislative action to subdue Wall Street’s financial mega-institutions once and for all By Kelly Pike and Tim Cook Fed up with years of Wall Street’s perilous blundering and reckless shenanigans, increasingly impatient Washington policymakers are on tenterhooks to end too-big-to-fail once […]

Capital Is King

New TBTF Act would impose stricter capital rules on largest banks to rein in risk By Karen Thomas The renewed debate over too-big-to-fail heated up even more with the introduction of legislation to impose stricter capital rules on the largest financial firms. The Terminating Bailouts for Taxpayer Fairness Act of 2013 (TBTF Act, S. 798), […]

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