According to a survey done by the American Bankers Association (ABA), U.S. customers use mobile banking apps more than any other method. The survey of more than 2,000 adults found that 48 percent ...
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Consumers paid more than $105 billion in interest and more than $25 billion in fees on their credit cards in 2022, according to a report by the Consumer Financial Protection Bureau (CFPB) on the consu...
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The U.S. Treasury Department released a report card detailing how it has implemented federal investments in entrepreneurs and small businesses. So how is it going? The Census Bureau released data w...
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According to the Mortgage Bankers Association (MBA), total commercial and multifamily mortgage borrowing and lending is expected to fall by nearly 50 percent this year. The association said borrow...
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A group of Republicans on the House Financial Services Committee are seeking details from the Federal Reserve on an Aug. 30 leak of nonpublic confidential supervisory information (CSI) involving multi...
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The Securities and Exchange Commission’s Division of Examinations released its 2024 examination priorities this week. The release seeks to inform investors and registrants of the key risks, exami...
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Intercontinental Exchange’s U.S. Residential Mortgage Rate Lock Index Futures reached record trading activity during September and the third quarter of 2023. The index had a record 67,416 contrac...
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The Securities and Exchange Commission (SEC) adopted a new rule that will require certain persons to report information about securities loans to a registered national securities association (RNSA). ...
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Total mortgage origination volume is expected to increase to $1.95 trillion in 2024 from the $1.64 trillion expected in 2023, according to the Mortgage Bankers Association (MBA). By loan count, tot...
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The chairman of the National Credit Union Administration (NCUA) discussed the housing market and consumer challenges, among other topics, at the American Credit Union Mortgage Association's 2023 Annua...
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