The affordability of home prices improved for the second straight month in July, according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI). The index measures...
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Abaca, a financial platform for cannabis operators, and Pacific Valley Bank are partnering as a means of expanding cannabis banking access within the California market. This marks the first time si...
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The Federal Housing Finance Agency (FHFA) recently announced plans to establish a Federal Advisory Committee with a focus on affordable, equitable, and sustainable housing. “The formation of an a...
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A group of insurance industry associations and experts released a white paper this week that examines how the tragedies from Hurricane Andrew in 1992 ultimately paved the way for community safety inno...
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A Mortgage Bankers Association (MBA) report showed commercial and multifamily loan originations rose 19 percent in the second quarter of 2022 compared to last year. The MBA indicated its Quarterly ...
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A group of banking industry organizations is challenging the legal basis for the Consumer Financial Protection Bureau’s (CFPB) inquiry into banks' customer service practices. Further, the groups...
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A new report issued by the U.S. Congress Joint Economic Committee (JEC) found that roughly 20 percent of U.S. adults are either unbanked or underbanked, meaning they lack access to a bank account or r...
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According to the latest National Association of Federally-Insured Credit Unions (NAFCU) Macro Data Flash report, existing home sales fell in July, representing the sixth consecutive month reflecting a...
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The Independent Community Bankers of America (ICBA) recently forwarded correspondence to the Federal Deposit Insurance Corporation (FDIC), encouraging the agency to reject the application of Ford Cred...
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The U.S. Department of Treasury approved up to $750 million in funds for four state plans through the State Small Business Credit Initiative (SSBCI). The funding is part of a $10 billion initiative...
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