Commercial banking

Federal Reserve Chair Jerome Powell testified in the House Tuesday on the heels of yet another pointed social media post from President Donald Trump. But House Republicans largely avoided landing political blows against the central bank chair.

The Consumer Financial Protection Bureau cut short a five-year agreement with Bank of America Corp. over the bank's alleged submission of false mortgage data as the significantly curtailed government agency rolls back a bevy of settlements.

Transparency has improved for mortgages but associations still lack access and insurance is a challenge in efforts to balance access to housing with safety.

Regulatory changes after the Surfside collapse are making more condos nonwarrantable, which presents some opportunities while also complicating mortgage access.

Senate Republicans are coming around to the $40,000 cap on state and local tax deduction key House lawmakers demand in President Trump's massive tax package.

The president should unwind the federal government's stake in Fannie Mae and Freddie Mac, and direct the proceeds to a housing remainder trust designed to close critical gaps in real estate lending.

The Federal Reserve chair appears before the House Financial Services Committee for his first of two days of testimony on Capitol Hill this week, part of his biannual monetary policy report to Congress.

Rhode Island home sellers would see a conveyance tax rise 63%, and owners of million-dollar properties would pay an additional levy if the budget is signed into law.

Meghan Loomis is a principal with Baker Tilly's digital solutions practice. She has spent her career helping clients drive back-office transformations using technology as an enabler of change. During her time with Baker Tilly, she has championed and led the research, development and growth of several key technology alliances. She drives transparent communication in building new relationships and works to ensure mutual benefit and success.

Courtney Csik is a director with Baker Tilly's digital solutions practice. With more than twelve years of experience, Courtney has worked with organizations, big and small, across industries in the commercial and public sectors to define their Cloud strategies, implement modern technologies and achieve digital transformation.

A new House vote brings long-awaited privacy protections for homebuyers one step from reality. See what still needs to happen.

Lawrence Sprung, CFP, is the founder and wealth advisor of Hauppauge, New York-based Mitlin Financial.

He has more than a quarter-century of experience in the wealth management field.

The Federal Reserve is the latest bank regulator to purge reputational considerations from its supervisory materials.