Home builder confidence unchanged in April
Builder confidence in the market for single-family homes held steady in April at 51, the same as the previous month,...
Newsbytes
Nichols highlights regulatory lawsuits at American Mortgage Conference
With four active lawsuits against regulatory agencies, ABA President and CEO Rob Nichols emphasized Monday that filing a lawsuit is...
FinCEN warns of financial fraud with counterfeit passport cards
FinCEN, in coordination with the U.S. State Department, issued a notice to financial institutions on fraud schemes related to the...
ABA Data Bank: Hot CPI reading pushes back rate cut expectations
Following March’s hot inflation reading and with continued strong economic growth, market participants have pushed back their projections for the...
Consumer Sentiment declined in April
The University of Michigan Consumer Sentiment Index decreased 1.9% in April compared to the month prior, landing at 77.9, according...
Proposed bill would block large ransomware payments by financial institutions
A proposed House bill would require financial institutions to notify the Treasury Department before making a ransomware payment, as well...
Former Fed official: Basel proposal has hurt Fed’s reputation
The introduction of the Basel III endgame capital proposal has damaged the Federal Reserve’s reputation for impartiality and fairness, former...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage averaged 6.88% this week, up from last week when it averaged 6.82%.
Producer price index increased 0.2 % in March
The Producer Price Index increased 0.2% in March from the previous month, the Labor Department reported.
Trade groups seek congressional oversight for auto lending data collection effort
ABA and four other trade associations wrote to lawmakers raising concerns about the CFPB’s plans to gather data from automobile...
