FHFA to Provide Additional Loan Origination Flexibility

Industrial production increased 0.7% in September, after edging up 0.1% in August. In September, manufacturing output increased 0.3%, and the index for mining and utilities rose 0.2% and 3.5% respectively. Manufacturing output excluding motor vehicles and parts edged...

As labor market momentum slows and households face continued price pressures, household wealth is an important source of support for consumer spending.

ABA said the TIER Act would modernize outdated asset-based thresholds for midsize and regional banks. It also would increase transparency, reduce arbitrary burdens and help regulators focus on actual risk while maintaining appropriate safety and soundness standards, ABA...

The comment periods currently are scheduled to close on Nov. 30. The request would extend the deadline to Jan. 29.

FinCEN issued an alert to help financial institutions identify and report what the agency says is potential Iranian abuse of religious charity networks.

The ABA Foundation celebrated the 24th annual Get Smart About Credit Day with the release of expanded resources designed to help bankers provide teens and young adults with practical financial education.