Banks are working every day to protect their customers from fraud, but they cannot stop criminals by themselves, ABA's Paul Benda said during a congressional hearing on financial fraud.
ABA and the National Consumer Law Center sent a joint letter asking the FCC to initiate rulemaking to revisit three provisions in its 2024 order on revocation of consent.
According to the report, Fannie Mae and Freddie Mac completed 54,750 foreclosure prevention actions during the quarter.
The rate for a 30-year fixed-rate mortgage was 6.26% this week. The rate for a 15-year fixed-rate mortgage was 5.41%.
The Office of the Comptroller of the Currency will split its bank supervision and examination division into three distinct units based on bank size, reversing a decision earlier this year to combine its supervisory functions into a single...
The Trump administration asked the U.S. Supreme Court to uphold the president’s decision to remove Governor Lisa Cook from the Federal Reserve board, arguing that lower court rulings blocking the termination involve “yet another case of improper judicial...
