Builder confidence in the market for single-family homes in May was 40, up one point from the previous month, according to the National Association of Home Builders/Wells Fargo Housing Market Index. The current sales conditions index rose two points to 45, sales expectations in the next six months fell four points to 43 and traffic of prospective buyers increased one point to 25.
State coalition seeks to block OCC preemption of interest-on-escrow laws
A coalition of 10 states has filed a lawsuit to block two recent rulemakings by the OCC designed to establish a uniform federal framework for national banks operating across state lines.










