Subject Root Tag

While most of the Biden administration's prudential banking regulations can't be overturned under the Congressional Review Act, late-breaking rules by the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency's M&A rules could be overturned.

While the actual registration process has been going smoothly, there's some confusion among nonbanks over the timing and what needs to be included.

Metros with more jobs for every new home permitted ranked highly on the list, while average home prices were a smaller factor.

In the US, the 10-year Treasury yield rose as high as 4.73% Wednesday, pushing it toward the 5% peak hit in October 2023, before pulling back down.

The market for cyber breach reinsurance coverage is increasing, and policies are becoming more specialized, according to cyber insurance executives from Guy Carpenter, Aon, Liberty Mutual and Swiss Re.

Bayview Asset Management and three affiliates settled multistate allegations that their handling of a 2021 data breach failed to meet certain standards.

The financial data firm Intercontinental Exchange is buying the firm that runs the Ameribor interest rate benchmark, which some community and regional banks back as a LIBOR alternative.

Two trade groups filed a lawsuit against the Consumer Financial Protection Bureau claiming it exceeded its authority and ignored the legislative history on medical debts.

The Department of Justice alleges that The Mortgage Firm failed to serve majority Black and Hispanic neighborhoods in the Miami metropolitan area.

The real estate investment trust also announced changes to its Sequoia correspondent platform as it seeks to elevate the unit's branding in 2025.

Ally Financial Inc. will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card business as borrowers have struggled to pay down costly debt.

Purchase and refinance activity declined last week as buyers shied away from the market over the holidays.

The acquisition adds proprietary mortgage-origination software to the company's loan operating system, now called LowerOS.

The U.S. will see between 3,000 to 4,000 such organizations begin to form in 2025, representing a jump from the year-end 2024 total.

About one-third of homeowners say they'll never sell their homes, per a questionnaire commissioned by Redfin.

Slowing home price appreciation caused Milliman's mortgage default index to increase from quarter to quarter.

Experian said it has gone "above and beyond the law" to investigate consumer disputes related to the accuracy of information.

James Whitlinger, Freddie Mac single family chief financial officer, has served as the company's interim CFO since Christian Lown's departure at the end of June.

The lenders are working on written agreements to resolve the complaints involving a combined 30 mortgage professionals named defendants.