OFAC transitions licensing hotline to online platform

The rate for a 30-year fixed-rate mortgage was 6.74% this week. The rate for a 15-year fixed-rate mortgage was 5.87%.

Sales of new single-family houses in June 2025 were at a seasonally-adjusted annual rate of 627,000, according to estimates released jointly today by the U.S. Census Bureau and HUD. The June figure is 0.6% above the May 2025...

The House Financial Services Committee advanced six bills supported by ABA, including legislation concerning the Federal Reserve’s discount window, the FDIC board and de novo bank formation.

A federal court ruled that the firings of two former National Credit Union Administration board members by President Trump were unlawful and therefore both individuals can remain on the board.

The Senate voted 51-47 to confirm the nomination of John Hurley as under secretary for terrorism and financial crimes at the Treasury Department.

Fighting check fraud will require greater collaboration and cooperation between federal, state and local agencies alongside private sector stakeholders such as U.S. banks, ABA told House lawmakers.