FFIEC announces chairman, new member of state liaison committee
The Federal Financial Institutions Examination Council today announced the re-election of Charles Cooper as chairman of its State Liaison Committee.
Newsbytes
HUD warns against discrimination in AI-powered housing advertisements
The Department of Housing and Urban Development released new guidance warning that the use of artificial intelligence in tenant screenings...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage averaged 7.22% this week, up from last week when it averaged 7.17%.
New orders for manufactured goods increased in March
New orders of manufactured goods increased $9.1 billion, or 1.6%, from the prior month to $584.5 billion in March, the...
U.S. international trade deficit decreased in March
The U.S. trade deficit was $69.4 billion in March, down $100 million from $65.5 billion in February, the Commerce Department...
FOMC sees ‘lack of further progress’ in reducing inflation
Citing a “lack of further progress” in recent months in dialing back inflation, the FOMC announced that it will maintain...
CPFB report claims health savings accounts have ‘hidden costs’
The “complex” fee structures for many health savings accounts may “obscure the true cost of the product” and, combined with...
Housing agencies release new requirements to reduce appraisal bias
Both FHA and FHFA announced new policies that will allow borrowers to challenge property appraisals if they believe the appraisals...
House lawmakers scrutinize proposed bank merger policy proposals
Lawmakers from both parties questioned recent efforts by the banking agencies to change how regulators evaluate bank merger applications
ADP: 192,000 jobs gained in April
The non-farm private sector gained 192,000 jobs in April, according to the ADP National Employment Report. This follows an upward...
