Mortgage rates continue to rise

Google announced the upcoming U.S. rollout of a verification program for financial services ads appearing on its platform, with the company using an ABA registry to ensure ads come from legitimate banks.

Pending home sales in September decreased by 7.3% month-over-month and 11.3% year-over-year, according to the National Association of Realtors.

ABA recommended that Treasury make four changes to upcoming guidance to promote a workable and competitive trustee framework that also protects beneficiaries.

A Treasury Department proposal to implement the Genius Act should not allow nonbank entities to bring unregulated stablecoins into the U.S. market through intermediaries, nor should it constrain legitimate bank activities, ABA today.

Dime Commercial Bancshares to buy ES Bancshares in New York. Texas Banc Financial to buy Haskell Bancshares in Texas.

ABA economists believe results are consistent with a sluggish housing market challenged by affordability concerns, labor shortages, and increasing input costs and suggests residential building activity could remain subdued in the face of elevated mortgage rates.