The FDIC will hold a teleconference for bankers on the Consumer Financial Protection Bureau’s mortgage rules on May 21. During the call, FDIC staff will share observations from examinations and highlight practices at some institutions that they consider useful for compliance officers. Participants must register by May 19.
A response to the New York Fed’s ‘Extend-and-Pretend in the U.S. CRE Market’
And understanding a practical application of the Americans With Disabilities Act.
The CFPB in recent days has written to four states in support of proposed laws to prohibit credit reporting agencies from including information on medical debt in consumer reports.
The rate for a 30-year fixed-rate mortgage was 6.95% this week. The rate for a 15-year fixed-rate mortgage was 6.12%,
Pending home sales declined 5.5% in December 2024 from the prior month, the National Association of Realtors said. Year over year, pending transactions were down 5%
Real gross domestic product increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Commerce Department’s advance estimate.
