Pending home sales in January dropped 0.8% from the prior month and 0.4% year over year, according to the National Association of Realtors. The report did not state how many homes were on the market.
Government agencies and contractors would be required to take steps to protect their systems from threats posed by quantum computers under a pair of executive orders signed by President Trump.
The Federal Housing Administration will no longer require lenders to obtain appraisal field reviews for a selection of FHA-approved mortgages, instead making the reviews optional.
Proposed acquisitions announced of banks in Texas, Wisconsin, Illinois and Washington, D.C.
FinCEN proposed taking additional actions to cut off U.S. financial access to a Cambodian firm that allegedly serves as a conduit for laundering money obtained through romance scams and other cybercrimes.
The legislation includes provisions related to brokered deposits, de novo bank formation and a mentor-protégé program pairing large financial institutions with smaller depository institutions.
A federal appeals court has rejected a Trump administration request for permission to trim the CFPB’s workforce by more than half, instead sending the case back to a lower court.
