Freddie Mac: 4 in 10 Renters Looking to Purchase Homes While Rates are Low
As mortgage rates approach historic lows, 40% of renters say they are planning to purchase a home in the next...
Newsbytes
Consumer Prices Rises in January
The Consumer Price Index rose 0.1 percent in January on a seasonally adjusted basis, according to U.S. Bureau of Labor...
Losses from Romance Scams Increased in 2019, FTC Finds
Consumers lost $201 million to romance scams in 2019, an increase of nearly 40% from a year prior, according to...
ABA’s Mercer Highlights Banks’ Progress in Diversity, Inclusion
In testimony before a House Financial Services subcommittee today, American Bankers Association SVP Naomi Mercer highlighted the strides banks have...
N.Y. Fed: SOFR Averages, Index to Be Published Starting in March
The Federal Reserve Bank of New York today published its final calculation methodology for determining the daily compounded averages of...
Voting Now Open in ‘Savers’ Choice’ Award for Lights, Camera, Save!
The ABA Foundation is inviting the public nationwide to vote for their favorite videos among the Lights, Camera, Save! finalists.
FDIC’s McWilliams Added to ABA Summit Speaker Lineup
FDIC Chairman Jelena McWilliams will join ABA President and CEO Rob Nichols for a conversation on the regulatory landscape during...
Household Debt Continues to Increase
Outstanding household debt increased by 1.4% in the fourth quarter of 2019, rising by $193 billion to land at $14.15...
Quarles Makes Case for Fed Supervision Revamp
Taking note of the inherent tension in bank supervision between the need for confidentiality and tailoring on one hand and...
SBA Seeks Additional Comments on Changes to Express Loans, Affiliation Standards Rule
The Small Business Administration this week issued an interim final rule amending various regulations governing its business loan programs, including...
