Fannie Mae laying off 62 in DEI, COO, and other units: Pulte
The head of the government-sponsored enterprise’s oversight agency said the cuts were made to positions that weren’t central to mortgages and new home sales.
Press Release: FDIC Publishes Enforcement Orders for September 2025
PRESS RELEASE | OCTOBER 31, 2025 FDIC Publishes Enforcement Orders for September 2025 WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today published a list of orders of administrative enforcement actions taken against banks and individuals in September 2025. There are no administrative hearings scheduled for November 2025. Orders of Prohibition from Further Participation: Century Bank, […]
Community banks don’t need millions of dollars of deposit insurance
There are plenty of ways that lawmakers could help community bankers. Raising federal deposit insurance limits by a factor of 40 isn’t one of them.
What a bank’s TV ads say about its actual business
A new study has decoded banks’ television commercials, analyzing what the messaging reveals about the bank behind the advertisement. When an ad leans too hard on emotions, researchers found, viewers should beware.
How First Interstate is responding to activist pressure
The Billings, Montana-based bank finds itself in the crosshairs of a high-profile activist investor. On Thursday, it stuck to its organic growth plan and said it isn’t interested in using its excess capital to restructure its securities book.
John Bell III, former VA mortgage program executive, dies
Until August, Bell was the executive director for loan guaranty service at the Department of Veterans Affairs, where he was credited with growing the program.
Mortgage rates tick down following Fed’s cut
The 30-year rate dropped just 0.2 percentage points, as Federal Reserve Chair Jerome Powell’s recent comments caused Treasury yields to rise.
Top SBA lenders left in the lurch by government shutdown
Top SBA lenders are warning about the impact of a prolonged shutdown. NewtekOne skipped providing fourth-quarter guidance after its CEO said the situation was too cloudy to forecast.
Starling rolls out new AI scam advisor tool
The U.K. bank’s “Scam Intelligence” tool uses Google’s Gemini to analyze images and texts for red flags, aiming to reduce losses from authorized push payment fraud.
Insurers likely to exclude gen AI, startups wait in wings
A commonly used standard for property and casualty insurance will offer a carve-out for generative AI liability starting in January. Startups like Testudo, Vouch and Armilla AI stand by to scoop up that business.