Pending home sales declined 4.6% in January from the prior month, the National Association of Realtors said. The pending home sales index—a forward-looking indicator based on contract signings— fell 4.6% to 70.6 in January, an all-time low. Year over year, pending transactions were down 5.2%.
FDIC updates IDI resolution planning for large banks
The FDIC announced proposed changes to insured depository institution resolution planning requirements, or IDI rule. The rule, including the expected proposed changes, applies to FDIC-insured depository institutions with $50 billion or more in total assets.










