Meetings
NCUA Board Meeting Jan. 17.
Comment
FDIC comments due Jan. 31 on Annual Independent Audits and Reporting Requirements.
FDIC/OCC/NCUA/OTS comments due Feb. 11 on Procedures to Enhance the Accuracy and Integrity of Information Furnished to Consumer Reporting Agencies.
The Federal Reserve Thursday issued an enforcement action barring Renee Nicole Brown from the banking industry after she pleaded guilty to embezzling roughly $246,000 from teller cash dispensers over the course of a year.
Freddie's 30-year hit 7.03%, first above 7% since Jan. 2025, as 10-year yield tops 5.1%. ARM share jumped to 9.8%; lenders should pitch ARMs to keep payment-sensitive buyers.
Senate Democrats, led by Senate Banking Committee ranking member Elizabeth Warren, D-Mass., reintroduced a bill meant to solidify the debt liability between private equity firms and their portfolio companies, among other changes.
Gas prices are rising as a large swath of consumers are already under pressure, which could eventually affect demand for credit.
The share of American households considered "financially vulnerable" rose to 17%, the highest level since at least 2018, according to the nonprofit Financial Health Network.
The bank was determined, by multiple industry rankings and experts, to be the best mobile banking provider in the U.S.. Bank of America took second place.
