Pending home sales declined 5.5% in December 2024 from the prior month, the National Association of Realtors said today. The pending home sales index—a forward-looking indicator based on contract signings—decreased 5.5% to 74.2. Year over year, pending transactions were down 5%
ABA, state associations urge Congress to repeal CFPB’s overdraft rule
ABA joined 52 state bankers associations in expressing strong support for a resolution of disapproval introduced by lawmakers that would invalidate the CFPB’s final rule on overdraft protection.