Reid to lead Freddie Mac

The FDIC has launched a survey on the costs of compliance with anti-money laundering and countering the financing of terrorism regulations, according to a notice published in the Federal Register.

Consumer sentiment edged down 2.8 points in September to 55.4, down 14.7 points from one year ago, according to preliminary results of the University of Michigan Surveys of Consumers.

Market consensus on the probability of a 25 basis point cut in the target fed funds rate strengthened following the recent inflation report.

Financial technology firms and mega-retailers are trying to trick the public about access to their own consumer financial information so the companies can profit from charging for access to that same data, ABA’s Ryan Miller wrote in a...

The Financial Stability Oversight Council voted to rescind the charters of two committees formed to advise the council on climate-related financial risks.

The rate for a 30-year fixed-rate mortgage was 6.35%. The rate for a 15-year fixed-rate mortgage was 5.5%.