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The Federal Reserve has had to weigh multiple economic concerns throughout the first five months of 2023
The Pennsylvania bank incurred heavy losses in Q1, partly as a result of the collapse of Signature Bank
The United States housing market peaked in June of 2022, but then declined by almost 5% in the second half of the year
In separate initiatives, the ABA and CFPB are seeking to add to consumer protection measures related to mortgage lending
Fair lending compliance is a critical risk area for banks today, with scrutiny from government regulators only intensifying
America’s gross domestic product rose 2.6% in the third quarter
Government-approved HCAs work to improve homeownership within BME communities
US regulators set to refuse Libor exposure from December 31
The housing market is still thriving but the refinance market is slowing
Further easing is expected but banks warn of a deterioration in loan performance
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