Banking

Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.

At least nine Dallas-area institutions have agreed to sell themselves since late 2024, with the Oklahoma City-based MidFirst Bank's deal for Dallas Capital marking the latest transaction.

The first bipartisan, bicameral housing compromise includes a suite of community banking provisions long sought by the industry.

The government said it was responding to a jailbreaking risk that Anthropic says is minimal.

The government-related market's push has intensified efforts to draw up classic FICO comparisons or set up interim rating policies pending more data.

Brian Moynihan spoke of the challenges of developing and maintaining Erica, the bank's main internal AI model, with precision.

The agency is in discussions with the rent-rewards fintech regarding how it handled a card changeover after Wells Fargo ended its partner bank contract early.

The Federal Reserve's former top regulator said recent efforts to reform regulation and supervision have boosted executive compensation and share buybacks, not the broader economy.

The Canadian-American bank's first AI agent does the work of gathering any missing documents and verifying data for mortgage applications. 

Housing advocates and compliance firms are suing to block a rule from the Consumer Financial Protection Bureau that they say guts the Equal Credit Opportunity Act.

The Federal Deposit Insurance Corp. said banks earned stronger profits and expanded lending in the first quarter of 2026, but at the same time margins shrank and unrealized losses have been increasing.

Maspeth Federal Savings in Queens has been managed by members of the Rudzewick family, led by long-serving patriarch Ken, for nearly three decades.

The CEOs of JPMorganChase, Goldman Sachs and Standard Chartered said they're reducing some roles due to advances in AI, the same week the Pope spoke of the need to protect workers.  

Berkshire Hathaway's banking-related investment strategy is murky, after the arrival of new leadership and the sale of its stakes in Visa and Mastercard.

Lenders pulled back on commercial real estate loans in 2023, as high interest rates put pressure on property values. They're now returning to the sector, and the renewed competition is prompting a pricing war.

The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.

Inflation and a possible Fed move impacting rates are concerns that product innovation and housing policy can help with, leaders said at an industry meeting.

Standard & Poor's found modeled foreclosure frequency and loss coverage to be in similar ranges as classic FICO but showed concern about potential bias.

House lawmakers modified a ban on big-money investors from purchasing single-family homes, broadening the exemptions for build-to-rent properties and eliminating requirements in a Senate version of the bill that affected investors divest their holdings.

Serious delinquency transitions in older mortgages inched up, hinting at the impact of an FHA rule change's impact in conjunction with other stressors.