Politics

The Department of Veterans Affairs has been patient about implementation, but budgetary considerations create some concern about the program's pace.

The lawmaker said leadership on the House Financial Services Committee is supportive of the legislation, which would limit the ability of credit-reporting agencies to sell homebuyer information to financial service providers.

Positive feedback from participants in existing programs led to the decision to expand them in order to assist more lenders.

The Consumer Financial Protection Bureau may face an existential threat if former President Trump is reelected, while the agency could be emboldened if Vice President Harris wins.

The rule, finalized Tuesday, enables consumers to share their financial data with third parties. Here are the implications for banks.

The agency filed an appeal to a ruling in August, which decimated its noncompete ban, set to go into effect in September.

The new chair of the Basel Committee on Banking Supervision called for member nations to finish the job of implementing post-financial crisis regulations. He also warned them not to put economic goals over safety considerations.

A survey shows the majority of mortgage stakeholders are not happy with the current political climate and are leaning more conservative.

The Federal Open Market Committee is expected to cut interest rates at its September meeting, which will also provide a new Summary of Economic Projections. Marvin Loh, senior macro strategist at State Street Global Markets, examine the meeting, the SEP and Fed Chair Powell's press conference.

Recent polling an industry group analyzed points to a range of outcomes that could create opportunities and risks for commercial and residential financing.