The Mortgage Bankers Association (MBA) along with 13 other leading industry groups formed a new organized charged with developing solutions to close the racial home ownership gap in America. The i...
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The Office of the Comptroller of the Currency (OCC) is soliciting academic research papers through Dec. 15 on the use of artificial intelligence (AI) in banking and finance. The OCC is particularly...
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The Commodity Futures Trading Commission’s Office of Customer Education and Outreach will be hosting events this week to raise awareness about the importance of investor education and protection. ...
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Federal financial regulators set the 2025 threshold for higher-priced mortgage loans that are subject to special appraisal requirements last week. The new threshold will increase from $32,400 to $3...
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The Federal Reserve Bank of New York released a report this week that nearly one in ten properties in the tristate New York, New Jersey, and Connecticut area are at high risk of flooding. The repo...
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Four New Mexico-based tribal housing organizations received a total of $550,000 in Native American Housing Opportunities (NAHO) Fund grants from the Federal Home Loan Bank of Dallas (FHLB Dallas) and ...
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More than 30 million taxpayers in 24 participating states will be eligible for Direct File in the 2025 tax filing season, according to the U.S. Department of the Treasury and Internal Revenue Service ...
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Residents in the Greater Philadelphia and Delaware region are spending more money this year than saving it, according to a survey conducted by research company Opinium on behalf of WSFS Bank, the prim...
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The recent acquisition of 1st Bank Yuma by OneAZ Credit Union is the 17th acquisition of a community bank by a credit union this year – a single year record, and the Independent Community Bankers of...
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U.S. Sens. Tim Scott (R-SC) and Mike Rounds (R-SD) are seeking answers from the Federal Reserve Bank of New York on reports about faulty anti-money laundering controls on account relationships with th...
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Support is growing for U.S. Sen. Joni Ernst’s (R-IA) bipartisan Family Farm and Small Business Exemption Act, which would restore an exemption for certain family farms and small businesses under the...
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Regulations are the primary concern of community bankers, according to the 2024 Conference of State Bank Supervisors (CSBS) Annual Community Bank Survey. Community banks, according to the survey, als...
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The Federal Deposit Insurance Corporation (FDIC) released the 2024 Small Business Lending Survey Report (SBLS) this week, which features insights into small business lending practices. The SBLS gathe...
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The U.S. Department of the Treasury recently awarded New York-based chief economic development agency Empire State Development (ESD) a $9.4 million Small Business Credit Initiative Investing in Americ...
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U.S. Reps. Don Bacon (R-NE) and Marie Gluesenkamp Perez (D-WA) recently introduced bipartisan legislation that seeks to reverse federal law to report medical payments on credit reports. Currently, ...
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The Consumer Financial Protection Bureau (CFPB) recently issued guidance to prevent families from being targeted by illegal medical debt collection tactics. In the United States, an estimated 100 ...
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The Commodity Futures Trading Commission (CFTC) recently settled charges against Barclays Bank PLC for violations related to swap reporting. From 2018 through 2023, Barclays failed to correctly r...
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U.S. Sens. Ron Wyden (D-OR) and Sherrod Brown (D-OH) recently asked the Federal Trade Commission (FTC) to investigate anti-competitive practices by pharmacy benefit managers (PBMs). In a Sept. 30 let...
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Workers who completed a registered apprenticeship program saw a 49 percent increase in earnings, according to a recent report released by Senate Joint Economic Committee Democrats. The workers also...
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The U.S. Chamber of Commerce is calling on President Joe Biden to intervene in the contract negotiations between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance. ...
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