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Mortgage Rates Drop to Two-Month Lows

Mortgage Rates Drop to Two-Month Lows

Mortgage rates dropped to 7.08% on 30-year fixed-rate mortgages from 7.18%
Reggie Townsend, SAS Vice President of Data Ethics

Industry Leader Believes the Promise of AI Is Worth the Pursuit

Artificial Intelligence (AI) started grabbing headlines just a couple of years ago, and with it came many concerns
Agencies Issue 2025 Regulation CC Cost of Living Adjustments

Agencies Issue 2025 Regulation CC Cost of Living Adjustments

The announced adjustments are effective July 1, 2025
Banking Groups Challenge SEC Regulation

Banking Groups Challenge SEC Regulation

The regulation places responsibility on banks to measure safeguarding assets and obligations on their balance sheets
Payments Industry Recognizes AI Value

Payments Industry Recognizes AI Value

Report by American Banker found AI is being used to streamline compliance, loan processing and underwriting
CDFI Loans More Than Doubled Since 2018

CDFI Loans More Than Doubled Since 2018

CDFIs originated $67 billion and sold in the region of $14 billion in loans for the year 2022
Labor Market Slows While Dow Jones Speeds Up for Seventh Straight Day

Labor Market Slows While Dow Jones Speeds Up for Seventh Straight Day

Jobless claims on Thursday cleared 231,000 for the week, a 9-month high
US Expected to Drive Global GDP Growth

US Expected to Drive Global GDP Growth

US economy is forecasted to grow by 2.6% in 2024
Three Regulators Propose Ban of Incentive-Based Compensation Arrangements

Three Regulators Propose Ban of Incentive-Based Compensation Arrangements

The regulation aims to ensure leaders of financial institutions do not take on excessive risk
Health Savings Accounts Charge Hidden Fees

Health Savings Accounts Charge Hidden Fees

Many providers charge complex and costly maintenance and exit fees
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