Mortgage rates slip
The rate for a 30-year fixed-rate mortgage was 6.24% this week. The rate for a 15-year fixed-rate mortgage was 5.49%.
Newsbytes
Treasury Department seeks to sever U.S. financial ties to 10 Mexican casinos
The Treasury Department announced a joint effort with Mexico to target several Mexico-based gambling establishments involved in alleged cartel-related money...
FASB guidance ends ‘CECL double count’ on purchased loans
The Financial Accounting Standards Board published an accounting standards update that improves the accounting for purchased loans, according to a...
House votes to end government shutdown
The House voted in favor of a Senate deal to reopen the government, ending a shutdown that began on Oct....
Agencies form strike force to target cryptocurrency scams
Federal law enforcement agencies announced the formation of an interagency “strike force” to target Southeast Asian cryptocurrency-related investment scams and...
U.S. Mint produces last penny
The U.S. Mint held a ceremony where U.S. Treasurer Brandon Beach struck the final circulating penny, ending 232 years of...
Supreme Court sets January date for hearing on removing Cook from Fed board
The U.S. Supreme Court will hold oral arguments in January on whether to overturn a lower court order barring President...
CFPB proposes changes to fair lending enforcement
The CFPB is proposing to remove disparate impact from its enforcement of the Equal Credit Opportunity Act, clarify the prohibition...
CFPB proposes to streamline small-business data collection rule
The CFPB is proposing revisions to its small-business lending data rule to scale back the scope of data collection, saying...
Ag lenders signal cautious outlook for farm profitability in 2025
Agricultural lenders report signs of tighter conditions in farm profitability and credit quality in 2025, according to a joint survey...
