FHFA to make Supplemental Consumer Information Form mandatory
Fannie Mae and Freddie Mac will now require lenders to use the Supplemental Consumer Information Form, which collects information about...
Newsbytes
New orders for manufactured goods increase in March
New orders for manufactured goods in March, up twenty-two of the last twenty-three months, increased $11.8 billion or 2.2 percent...
ABA urges Congress to reject bills restricting overdraft
In a statement submitted for the record ahead of a Senate Banking subcommittee hearing on overdraft Wednesday, the American Bankers...
ABA Foundation invites applications for 10th annual Community Commitment Awards
The ABA Foundation invites entries for the tenth annual Community Commitment Awards, which recognize and promote extraordinary bank commitment to...
Al-Jazireh re-elected to lead BAFT board
BAFT, ABA’s global transaction banking subsidiary, has re-elected Maram Al-Jazireh as chair of its board for the 2022-23 association year.
CFPB report flags auto servicing, consumer reporting issues
The CFPB issued a “Supervisory Highlights” report focusing on recent examiner observations of several financial products.
Construction spending increases in March
Construction spending was at a seasonally adjusted annual rate of $1,730.5 billion in March, 0.5% above the revised February estimate...
ISM manufacturing decreases in April
The ISM Manufacturing Index registered 55.4 points in April, 1.7 percentage points lower than the March reading of 57.1%. This...
FSB floats recommendations for climate risk reporting
As regulators around the globe work to develop frameworks for measuring and mitigating climate-related risks, the Financial Stability Board published...
IRS updates contribution limits for HSAs
The Internal Revenue Service today released updated contribution limits—adjusted for inflation—for health savings accounts for 2023.
