ABA, States Urge Support for QM Portfolio Bill

In a memo sent in advance of the markup, ABA noted that H.R. 2808 would “curb the abusive use of mortgage credit ‘trigger leads’ while narrowly preserving them for legitimate, transparent and accountable uses.”

The banking sector has seen many constructive, positive policy developments at the federal level so far this year, and top officials have expressed their willingness to work with and engage with bankers on those issues, ABA President and...

Telecoms and Meta are avoiding addressing serious challenges. And it's time to set up a family password.

Consumers’ recent pessimism about the labor market eased somewhat, while consumer debt delinquency expectations and expectations about households’ financial situation improved slightly, survey results showed. Perceptions about households’ current financial situations compared to a year ago and expectations...

More than 70% of respondents are “very” to “moderately” concerned about the effects of tariffs on their businesses, according to Provident Bank. So far those effects have been minimal, with more 80% of businesses saying there has been...

According to the report’s analysts, investors are demanding greater maturity, and regulators want more accountability. In addition, fintech firms are adopting next-generation technologies, pushing innovation and forcing other fintech firms and banks to keep up. Of the $378...