SBA reinstates stronger underwriting requirements for 7(a) loans
The Small Business Administration has reinstated stronger underwriting requirements for 7(a) loans through the issuance of a Standard Operating Procedure...
Newsbytes
ABA DataBank: Shares of property insurance firms are outperforming banks and the S&P 500
So far in 2025, property and casualty insurers in the S&P 500 are up about 4.9%, compared with declines for...
Final: Consumer sentiment fell 4.8 points in April
Consumer sentiment fell 4.8 points in April to 52.2, down 25 points from one year ago, according to final results...
Fed, FDIC withdraw statements on managing risks for crypto
The Federal Reserve and FDIC rescinded two joint statements issued under the Biden administration on the risk management obligations of...
Mortgage rates slip
The rate for a 30-year fixed-rate mortgage was 6.81% this week. The rate for a 15-year fixed-rate mortgage was 5.94%.
Teach Children to Save Day: Bessent encourages students to learn good saving habits
In a video message, Treasury Secretary Scott Bessent told students across the U.S. that their participation in Teach Children to...
Bank survey: Many Americans worry about covering unexpected bills
More than one in three Americans are not confident they have enough savings to cover unexpected bills, according to a...
Existing home sales fell 5.9% in March
Existing home sales declined 5.9% in March to a seasonally adjusted annual rate of 4.02 million, the National Association of...
New orders for durable goods rise in March
New orders for manufactured durable goods increased $26.6 billion or 9.2% in March to $315.7 billion, the U.S. Census Bureau...
Bankers take part in Teach Children to Save Day
Banks across the country will participate today in the ABA Foundation's 28th annual Teach Children to Save Day.
