ABA economists believe results are consistent with a sluggish housing market challenged by affordability concerns, labor shortages, and increasing input costs and suggests residential building activity could remain subdued in the face of elevated mortgage rates.
ABA submitted a list of frequently asked questions from bankers about the CFPB’s upcoming implementation of its revised small-business lending data rule.
FinCEN has identified more than $270 million in suspicious financial activity potentially linked to fraud against federal student aid programs, the Treasury Department said.
As the Office of Personnel Management considers possible changes to federal employee health benefits, it should create more opportunities for employees to select health savings account-qualified, high-deductible health plans, the ABA HSA Council said in a letter to...
FHFA is considering requiring only one or two credit reports for single-family loans that Fannie Mae and Freddie Mac acquire, FHFA Director Bill Pulte said in a post on X.
The survey found differences in each generation's approach to money. It also reported four strategies that, according to those surveyed, help build financial wellness: saving regularly, budgeting, reducing unnecessary spending and paying down debt.
