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Housing advocates say Sandra Thompson, a longtime Federal Deposit Insurance Corp. board member, aimed to keep an eye on risk as she expanded access to credit.

The finalized rule adds flexibility to the capital rules applied to the Federal Home Loan banks to help them extend credit to their members.

Rocket Companies has unveiled a refreshed logo and announced plans to rename some of its businesses, hinting at more updates set to be revealed on February 9.

The Department of Justice argues that mortgage lenders, including Rocket Mortgage, should be held accountable for the work of third-party appraisers.

These regulatory announcements in the banking industry are currently open to public comment.

If Thompson had opted against resigning, President-elect Donald Trump would have been able to fire her quickly after his Jan. 20 inauguration due to a US Supreme Court decision that made it easier to remove the FHFA director.

The decision revealed Monday upholds an appeals court ruling in favor of federal investigators.

In a speech outlining his priorities for the FDIC, Vice Chair Travis Hill stressed the need for a more flexible regulatory approach, addressing capital requirements, digital assets, climate policy, and bank oversight, while emphasizing transparency and timely action.

Craig Phillips worked on early efforts to move the government-sponsored enterprises toward a conservatorship exit during the first Trump administration.

New chairs Nanci Weissgold and Bill Nelson both also sit on the trade association's board of directors.