The rate for a 30-year fixed-rate mortgage was 6.3% this week, down from 6.34% last week, according to Freddie Mac. A year ago, the rate was 6.32%. The rate for a 15-year fixed-rate mortgage was 5.53%, down from 5.55% last week. A year ago, the rate was 5.41%.
ABA recently welcomed two new executive orders directing federal regulators to roll back or better tailor mortgage regulations to expand access to credit and promote new housing construction.
The OCC has terminated the lease on the CFPB’s headquarters six years early, according to government records obtained by Reuters news agency.
FinCEN's Rapid Response Program has facilitated the interdiction of over $268 million in stolen funds on behalf of U.S. victims since the start of 2025, bringing the total to more than $1.8 billion since its inception, according to...
OFAC announced new sanctions to target illicit oil smuggling by Iran. In addition, the FinCEN announced it was easing a fentanyl-related order against a Mexican bank to allow the dissolution of the institution.
During a Senate hearing, the ABA Foundation outlined the critical role banks play in protecting older Americans from fraud and financial exploitation while calling for strengthened national coordination, expanded financial literacy efforts and clear federal authority for banks...
Forty-three senators are asking their colleagues to set aside at least $324 million for the CDFI Fund and require those funds to be released in a timely manner.
