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Executives surveyed by American Banker said companies vying to wrestle market share from banks are a major threat to operations in the coming year.

The Supreme Court Wednesday appeared skeptical of the Justice Department's argument that removal of a Federal Reserve governor is unreviewable or that the president's preference for Fed governors outweighs the harm to the Fed from curbing the central bank's political independence.

An index of contract signings decreased 9.3% to 71.8 last month, according to data released Wednesday by the National Association of Realtors.

President Trump in Davos, Switzerland, talked about his call for lower credit card interest rates and more affordable housing in a lengthy speech that mostly focused on his plan to take over Greenland.

The company reported net income of $5.6 million in 2025, up 61.9% from the year prior, while mortgage banking revenue decreased by $120,000, or 39.5%.

President Trump's restrictions on institutional investors extend to single-family homes involved in loan workouts by government-related mortgage agencies.

Treasury yield breakouts signal technical damage, with higher yields likely before any recovery despite choppy markets, according to the CEO of IF Securities.

The Mortgage Bankers Association's index of home-purchase applications rose 5.1% in the week ended Jan. 16, data from the group showed Wednesday.

The justices will weigh whether to let Trump fire Fed Governor Lisa Cook over mortgage-fraud allegations that she denies.

The Consumer Financial Protection Bureau has backed off enforcement and supervision of consumer protection laws, leaving states to fill the void — and potentially creating a "patchwork" of state laws that banks will have to comply with.