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Newsbytes Nichols discusses ‘real-world impacts’ of regulatory tsunami

In keynote remarks during ABA’s Wealth Management and Trust Conference in New Orleans, ABA President and CEO Rob Nichols highlighted the association’s efforts to push back against a “tsunami” of regulations facing the banking industry as well as its ongoing advocacy for a number of key initiatives.

Economy Mortgage rates rise

The rate for a 30-year fixed-rate mortgage was 6.9% this week, up from last week when it averaged 6.77%.