Organization Root Tag

Traders of U.S. government debt were dealt a stern reminder last week not to sleep on a market that’s been headed in one direction for a long time.

The White House says the president will nominate Michael Barr, a Treasury Department veteran and one of the architects of the Dodd-Frank Act, as the central bank's vice chair for supervision.

From bass fishing to the Super Bowl, lenders see a large pool of consumers they can reach through athletic sponsorships.

Servicing gains failed to offset steep origination declines at the bank, which continues to battle allegations of racial discrimination.

The 30-year average has risen by more than a full percentage point in a little over a month.

Meanwhile, adjustable-rate mortgages saw their largest volume share since 2019.

A new Consumer Financial Protection Bureau lawsuit claims the credit bureau and the ex-leader of a key unit failed to comply with a 2017 order to stop misleading consumers about credit reporting and monitoring services.

Even though the majority of forbearance plans have ended, late payments continued their downward trend in January.

Ten-year U.S. yields climbed through 2.75% for the first time since March 2019 as investors priced in the impact of the Federal Reserve’s tightening plan and accelerating inflation.

Senate Majority Leader Chuck Schumer took a procedural step before the Senate leaves for a two-week break seeking to limit debate on Lael Brainard’s nomination for vice chair, as well as Lisa Cook’s nomination for Fed governor when lawmakers return.