Home builder confidence rises
Builder confidence in the market for single-family homes rose three points in March to 51, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
Builder confidence in the market for single-family homes rose three points in March to 51, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
ABA and eight associations today asked the Federal Emergency Management Agency to extend the deadline for public comment on its proposed rule to revise the Standard Flood Insurance Policy form, saying more time is needed for stakeholders to understand the range of changes under consideration.
Treasury yields climbed higher this week after higher-than-expected inflation data raised uncertainty over the timeline for Fed rate cuts.
Industrial production edged up 0.1% in February after declining 0.5% in January according to the Federal Reserve.
Preliminary results for March 2024 show consumer sentiment declined with a 0.4 index point decrease to 76.5, 14.5 points higher than a year ago.
A total of 948 organizations from across the U.S. requested a combined level of approximately $1.55 billion in awards from the CDFI Fund in fiscal year 2024, which is more than three times the amount of available.
Before the CFPB finalizes its proposed rulemaking on personal financial data this fall, it will first codify what attributes an organization must have to be recognized under the rule as an issuer of qualified industry standards, CFPB Director Rohit Chopra said.
A proposed bill seeks to spur new bank creation by easing federal capital requirements during their first few years of existence.
It has been two decades since Congress held a hearing on the credit union industry, even as the industry’s top regulator expresses serious concerns about its oversight and priorities, ABA’s Robert Flock writes in a new American Banker opinion column.
The rate for a 30-year fixed-rate mortgage was 6.74% this week, down from last week when it averaged 6.88%. A year ago, the rate was 6.6%