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Existing efforts to reform the Federal Home Loan Bank System may look dead on arrival in a Trump administration, but the proposed Department of Government Efficiency may not be able to resist such low-hanging fruit.

Apartment complexes will be the next major source of problems in the commercial real estate market after offices were hit hard in recent years, according to the short seller Carson Block.

Amid steady customer growth, USAA's banking arm failed to make the investments necessary to satisfy either its regulators or some decades-long customers. Changes in the executive suite haven't fixed the problems.

The Consumer Financial Protection Bureau has significantly raised the transaction threshold for its larger participant rule — which defines which firms will be affected — from 5 million annual payments to 50 million.

Critical defects increased for the second consecutive three-month period, with appraisal-related errors nearly doubling, Aces Quality Management said.

The Federal Reserve governor said the Supreme Court ruling could bring needed transparency and efficiency to regulatory policymaking.

In a congressional hearing, top officials from the Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency said no new rules will be adopted or proposed this year.

Vista Point Mortgage and Rockport Mortgage reported attacks on their systems, with over 14,000 customers potentially affected by compromised data.

The Federal Housing Administration wants to make it easier for mortgage applicants to use rental income received from boarders in the underwriting process.

Both purchases and refinances came in higher, with government-backed lending providing momentum, the Mortgage Bankers Association said.

Evergreen Residential has secured $1 billion in capital commitments to support its three business lines, including lending, in investment real estate.

Overnight funding markets may be on their own during the next bout of turbulence as a key Federal Reserve backstop is unable to support the entire space unless upgrades are made, according to Barclays Plc. 

In the aftermath of the election, a bipartisan group of House members are the latest to ask the FHFA to put the owner's title insurance waiver pilot on hold.

Government-guaranteed securitization rules complicate servicing sales and are a growing problem for nonbanks, the Community Home Lenders of America says.

Lower borrowing costs, reduced exposure to the urban office sector and flattening vacancy rates could collectively save lenders from beleaguered corners of the commercial real estate market.

Developers "need those cuts badly" because many projects are financed at floating rates, Jorge Perez, founder and chief executive officer of Related Group, said in an interview on Bloomberg Television.

The companies held out hope that they'd get skeptical regulators to sign off on their $286 million deal before determining that canceling it was in their best interests.

Pressure on core home improvement categories won't "be completely eased until the housing market is back on much firmer footing, which will not be until well into 2025 at the earliest," wrote Neil Saunders, managing director at GlobalData, in a note.

Gruenberg, the Federal Deposit Insurance Corp.'s longest-serving board member, will step down in January, marking the end of an era after nearly 20 years on the agency's board of directors.

In 2022, 52% of the U.S. population lived in families that are unable to "pay for all the goods and services necessary to fully participate in today's economy and society without cutting back, as well as save money for emergencies and the future," the study found.