Homebuilder confidence in the market for newly built single-family homes increased three points to 37 in May, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
The index gauging current sales conditions rose three points to 40, the index measuring future sales increased three points to 45, and the gauge charting traffic of prospective buyers also rose three points to 25.
President Trump will host a swearing-in ceremony on Friday for incoming Federal Reserve Chairman Kevin Warsh, according to a news report. Jerome Powell is currently serving as chair pro tempore.
ABA's access point to the Treasury Check Payee Verification System has verified nearly 105,000 checks since it launched in June 2025.
ABA and the Texas Bankers Association have released a new ad applauding Rep. Julie Johnson (D-Texas) for her work to lower the cost of credit for family farms and rural homeowners and urging her to continue those efforts.
Hotter-than-expected inflation data in April pushed financial markets to sharply revise expectations for Federal Reserve monetary policy.
The OCC finalized two rules to clarify that national banks are exempt from state laws regulating real estate escrow accounts. Both rules were first proposed late last year.
As part of a recent Trump administration push to expand access to mortgage credit, the Federal Housing Administration should modernize its collateral valuation process to align it with the collateral valuation standards established by Fannie Mae and Freddie...
