The FDIC has amended its Risk Management Manual of Examination Policies to update and clarify instructions on uninsured deposit and commercial real estate concentrations, found in section 16.1. The manual provides FDIC examiners information relating to examination activities and supervisory practices.
The Producer Price Index for final demand increased 0.4% in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Conversations with two financial industry professionals help illuminate the impact 9/11 had on bankers, the financial system and the whole nation.
Existing-home sales decreased by 1% month-over-month in August and 1.2% year-over-year, according to the National Association of Realtors.
Nearly 80 state bankers associations today joined with ABA and ICBA to press lawmakers to use the Clarity Act to close the payment-of-interest loophole for payment stablecoins, which will provide “the clearest path to achieving Congress’ stated objective...
The FBI released its first “cyber strategy” that outlines the law enforcement agency’s priorities in combating cybercrime and protecting critical infrastructure.
The rate for a 30-year fixed-rate mortgage was 6.76% this week. The rate for a 15-year fixed-rate mortgage was 6.09%.
