A federal judge Wednesday said the Department of Housing and Urban Development failed to justify a sharp overhaul of a long-standing fair-housing grant program.

Federal Reserve Chair Kevin Warsh is slated to deliver the keynote speech at the Jackson Hole Economic Symposium Friday morning, and markets will be listening for assurances on inflation, the balance sheet and Treasury market turmoil. 

Federal Reserve Gov. Lisa Cook pushed back against the Trump administration's second attempt to remove her from the central bank over unproven allegations of mortgage fraud.

The Bureau of Economic Analysis reported that the personal consumption expenditures, or PCE, price index rose 3.7% from a year earlier, indicating that inflation remains above the Federal Reserve's target.

Valley National Bank, which spent two years reducing its large concentration in commercial real estate loans, announced plans Tuesday to buy a bank in the competitive Chicago market.

The product expansion comes at a time when not just non-agency issuance is expected to have a record year, but other lenders are getting into wholesale.

Price gains slowed to a crawl from May to June, specifically in the West, but Central and East Coast regions showed steady year-over-year gains.

As Treasury market volatility strains IMB funding, buying a bank or insurer offers permanent capital and stronger ratings, according to the Chairman of Whalen Global Advisors.

A group of community development financial institutions are asking a federal court in California to compel Treasury to disburse funds from the CDFI Fund before they expire in September.

Fast tracking closing and funding is the critical differentiator among lenders, the 2026 Mortgage-Home Equity Scorecard report from Keynova found.

Treasury Secretary Scott Bessent said in an interview on CNBC Thursday that he and Office of Management and Budget Director Russell Vought have been tasked with developing a fiscal plan to reduce government spending.

Cyberattacks involving artificial intelligence were up 56% in the past year and added on average $1 million to businesses' data breach expenses.

The president has initiated a for-cause process to remove the Federal Reserve Board governor from office, something only one president has successfully done before. But that century-old precedent may not offer Trump much useful guidance in his quest.

On Aug. 14, over 30% of the loans sent to Fannie Mae and Freddie Mac from each company were scored using VantageScore 4.0.

Retail sales fell 0.6% in July despite a World Cup bump and the University of Michigan's consumer sentiment index declined to cap off a pivotal week of economic indicators.

The consumer price index ticked up last month, bolstering arguments about broad-based inflation and raising the odds of a rate hike next month.

The banking regulator is in early discussions with trade groups to build an organization for certifying tech providers that pass voluntary due diligence checks.

One of three Federal Open Market Committee members to vote for a higher federal funds rate last month, the Cleveland Fed president is undeterred by the labor force decline in July.

HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.

In American Banker's ranking of banks with the strongest metrics, here is this year's list in the $10-$50 billion range, based on data from Capital Performance Group.