Regulatory & Compliance

WASHINGTON -- Fannie Mae has forgiven the mortgage and canceled the foreclosure scheduled for an elderly Ohio woman who allegedly shot herself as law enforcement officials tried to serve eviction papers.

WASHINGTON -- In another attempt to limit the exodus of capital from financial institutions, the Bush administration is considering a plan to insure all deposits at depository institutions.

WASHINGTON -- In another attempt to limit the exodus of capital from financial institutions, the Bush administration is considering a plan to insure all deposits at depository institutions.

ALEXANDRIA, Va. -- The NCUA will receive its regularly scheduled report on the health of the National Share Insurance Fund at its meeting next Thursday.

WASHINGTON -- Taking a page from Britain's economic playbook, the U.S. Treasury Department is considering offering to buy shares in American banks in need of additional capital.

WASHINGTON -- The Securities and Exchange Commission has charged five Los Angeles brokers with securities fraud, alleging that from 2005 through 2007, the brokers convinced their customers to refinance their homes with subprime mortgages so that the brokers could sell their clients unsuitable securities.

WASHINGTON-- Responding to the continuing woes of the world's financial markets, the Federal Reserve today joined with other leading central banks to cut key interest rates.

WASHINGTON -- In another effort to increase the flow of credit, the Federal Reserve announced today that it will purchase short-term debt.