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Late-payment rates among U.S. borrowers rose again in the second quarter, according to a report from the New York Fed. The trend reflects a sharp increase in student loan delinquencies, which have been climbing as pandemic-era policies have expired.

The president said he would soon announce a replacement for departing Fed Gov. Adriana Kugler, adding that it's a "possibility" that his selection for that seat on the Federal Reserve Board will be tapped as the next Fed Chair.

President Donald Trump accused two of the nations' largest banks of rejecting his business, following a report his administration was preparing an executive order threatening financial institutions who refused to do business on ideological grounds.

Dominick Marchetti and Sean DeJulia, former Loandepot executives who helped develop the company's mello platform, are returning as chief digital officer and chief innovation officer, respectively.

Cassidy, whose experience is in multifamily, is currently HUD principal deputy assistant secretary, running the government insurer on an acting basis.

Joseph Gormley has been nominated as Ginnie Mae's first permanent president since May 2024, with industry leaders praising his housing finance expertise.

Even with a disappointing Spring home sales season, Rocket had higher purchase volume each month, and based on approval letters, expects a strong third quarter.

President Donald Trump is bringing in bank leaders to meet with him one by one at the White House. Beyond the economic discussion, there's a chance at a big payday for their firms.

The bill, introduced by Rep. Derrick Van Orden, creates a permanent partial claim program for veterans.

The government-sponsored enterprise's expense cuts and revenue gains minimized an earnings decline stemming primarily from a revised credit loss provision.