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Average purchase-loan amounts on new applications also increased after a recent pullback, as limited inventory provided little price relief.

The decrease in long-term interest rates this year has helped banks' bond portfolios recover a bit. Some of them may consider restructuring their securities portfolios in the short run, and longer-term changes are also possible as the fallout from last month's crisis continues.

Banks could be in for a long, slow trickle of bank failures and consolidation in the coming months and years, particularly if inflation persists and interest rates keep rising. A downturn in commercial real estate could add to banks' problems.

Thimble, founded in 2016, provides insurance "in minutes" to a plethora of industries including pet, beauty and cleaning services through its mobile app, website or over the phone.

The American Bankers Association's latest Credit Conditions Index points to a drop in lending and a rise in loan delinquencies through the second and third quarters.

IntraFi, R&T Deposit Solutions and other companies help banks capture and insure the entirety of their customers' balances — a cogent need in the aftermath of SVB.

But overall availability still remained near a 10-year low in March, with government-backed products falling for the third time in four months, the Mortgage Bankers Association found.

The Federal Trade Commission is seeking a temporary restraining order to prevent the deal from being completed prior to its July 12 administrative hearing.

Meanwhile, former employees of the failed lender claim to have reached a settlement with the company for three weeks of owed back pay.

Two housing-policy experts whose previous recommendations have been closely followed by the Biden administration are defending the Federal Home Loan Banks, raising the stakes in a debate over whether a major overhaul is needed.