office of the comptroller of the currency

The state's House Democratic delegation has asked the Justice Department, the Fed and Controller of the Currency to investigate the widespread -- and growing -- problem of faulty bank documents in foreclosure cases. One agency is taking action.

A judge ruled that Wells Fargo has to pay its customers restitution for processing checking-account transactions in a way that makes the most charges bounce and maximizes overdraft fees. Other banks have also been sued over this issue.

The Obama administration may soon propose creating a single government overseer for the nation's banks. The plan is to consolidate the patchwork of regulators of the financial markets and institutions, so to avoid the kinds of risky practices that brought the economy to its knees. Right now,...