CFPB Proposes Exemption from Escrow Requirements for High-Priced Mortgages

ABA said that banks need further guidance from OFAC about how to implement its new recordkeeping requirements, as they deviate from existing bank practices and requirements.

Citing stakeholder confusion related to the cost and usefulness of certain climate-related information, ABA urged the Global Reporting Initiative to enhance its education efforts and due processes in evaluating climate disclosure proposals.

More than one in five U.S. adults have experienced financial fraud or scams involving their money, with older adults more likely to experience fraud than younger individuals, according to a new survey by the Federal Reserve.

The rate for a 30-year fixed-rate mortgage was 6.89% this week. The rate for a 15-year fixed-rate mortgage was 6.03%.

Pending home sales fell 6.3% in April from the prior month, the National Association of Realtors said.

The OCC has issued the list of institutions scheduled for Community Reinvestment Act evaluations during the third and fourth quarters of 2025.