Mortgage rates fall for first time in three weeks
The 30-year fixed rate mortgage average not only remains where it was in September, it is still nearly a half-percentage point above February’s trough.
CFPB issues response to Bilt’s transition troubles
The agency is in discussions with the rent-rewards fintech regarding how it handled a card changeover after Wells Fargo ended its partner bank contract early.
Bank CEO pay is up, Fed board chairman clout is down
Bank CEOs pay is rising again, as the leaders of the largest banks all top $40 million now; the next Fed chair needs to contend with a splintered board.
Colorado Gov. vetoes law barring swipe fees on taxes
Gov. Jared Polis, a Democrat, vetoed a bill passed by the state legislature last month that would have barred banks and credit card companies from charging interchange fees on taxes, arguing that the bill would create too much legal risk for businesses and consumers.
New Basel endgame rules will make banks competitive in mortgages again
A revised Basel III endgame proposal from the Federal Reserve would fundamentally change the economics of mortgage lending for banks — improving returns, reshaping pricing and reopening a market they sidelined.
SBA raises cumulative loan cap for first time since 2010
While the move is seen in a positive light, lenders and Trump administration officials are still angling to raise the loan-size limit within the agency’s flagship 7(a) program.
Big bank CEOs got the highest pay raises in 2025
While bank CEO pay increased across asset sizes last year, the CEOs of the nation’s largest banks received the biggest boosts in total direct compensation, according to a study.
Large bank ratings improve under revised Fed review system
Roughly 80% of banks with more than $100 billion of assets were deemed well-managed in the Fed’s latest supervision and regulation report, a sharp increase from 2024.
Why MoneyGram wants a stablecoin
In a sea of coins, the transfer firm’s CEO says that by working with partners to build its own branded coin, it can control more of the related products and lower costs.
TD insider pleads guilty in $3.4M account fraud
Cheungkin Lam fed customers’ account details to a crew that drained their balances, including $417,300 from one account that TD had to repay.