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Observers said the Supreme Court likely will allow Federal Reserve Gov. Lisa Cook to remain at her post while she challenges her purported removal by President Donald Trump. But her continued presence would slow, rather than stop, the president's quest for a voting majority on the central bank board.

Mortgage borrowers filed a third amended class action complaint against the bank over modification issues from 2010 to 2015.

The 30-year fixed rate mortgage increased 3 basis points this past week, off of a three-year low point, but are nearly a percentage point lower than a year ago.

The Federal Deposit Insurance Corp. Thursday finalized a framework for banks to appeal supervisory determinations, replacing the agency's existing appeal committee with an independent three-member panel, one member of which must have industry experience.

Reducing agency loan pricing adjustments and credit reports may help, a trio of industry groups wrote in a letter to the National Economic Council's director.

Markets brushed off mixed, stale data as tariff news sparked a brief rally, but open Treasury gaps kept bond signals cautious, according to the CEO of IF Securities.

The wholesale giant, fully entangled in the legal fight over a six-figure bonus, emphasized it's only the title sponsor of the broker trade group.

The $13 billion auction was awarded at 4.846%, about a basis point lower than its yield in trading just before 1 p.m.

A retail channel veteran, Promisco has spoken frequently about the potential of AI to bring efficiency and lower costs in the loan origination process.

Executives surveyed by American Banker said companies vying to wrestle market share from banks are a major threat to operations in the coming year.

The Supreme Court Wednesday appeared skeptical of the Justice Department's argument that removal of a Federal Reserve governor is unreviewable or that the president's preference for Fed governors outweighs the harm to the Fed from curbing the central bank's political independence.

An index of contract signings decreased 9.3% to 71.8 last month, according to data released Wednesday by the National Association of Realtors.

President Trump in Davos, Switzerland, talked about his call for lower credit card interest rates and more affordable housing in a lengthy speech that mostly focused on his plan to take over Greenland.

The company reported net income of $5.6 million in 2025, up 61.9% from the year prior, while mortgage banking revenue decreased by $120,000, or 39.5%.

President Trump's restrictions on institutional investors extend to single-family homes involved in loan workouts by government-related mortgage agencies.

Treasury yield breakouts signal technical damage, with higher yields likely before any recovery despite choppy markets, according to the CEO of IF Securities.

The Mortgage Bankers Association's index of home-purchase applications rose 5.1% in the week ended Jan. 16, data from the group showed Wednesday.