Commercial banking

The real estate company said it started the search for a new CEO mid-year following Carrie Wheeler's notice to the board she was looking to leave.

Although fewer industry leaders in a May survey are prioritizing cost-cutting, those bosses said they'd focus on back-office staff over other expenses.

Borrowers also showed a higher tendency to tap into home equity, with related originations rising at the fastest rate in three years, Transunion said.

Billionaire Bill Ackman has linked the idea with President Trump's recent post depicting a near-term public offering for a single mortgage firm with U.S. ties.

Funds parked at a major Federal Reserve facility dropped to the lowest level in more than four years, putting in focus the amount of cash banks have sitting at the US central bank, a measure of liquidity conditions.

Real estate investor sentiment bounced back from two quarters of decline, but lingering fears around tariffs, interest rates still weigh on many buyers' minds

Connie Hougland is vice president of Charity Experience and Market Strategy at National Christian Foundation (NCF) and the founder of WidowRISE, a newly launched platform created to support widows in grief, healing and legacy.

While overall performance looks solid, the data shows the weight of economic concerns may be weighing on some borrowers, the Mortgage Bankers Association said.

Diogo Mónica is a general partner at Haun Ventures and co-founder of Anchorage Digital.

The 30-year fixed rate mortgage fell by 5 basis points, with the Consumer Price Index showing muted inflation and jobs data still influencing the market.

Fannie Mae has issued guidelines for how mortgage companies should apply temporary buydown funds in workout situations and clarified notification requirements.