The Federal Deposit Insurance Corporation and the Federal Reserve Board withdrawn their interagency principles for climate-related financial risk management for large financial institutions. This policy was issued jointly in October 2023 as part of the Biden...
Department of Housing and Urban Development (HUD) Secretary Scott Turner announced a 90-day foreclosure moratorium on Federal Housing Administration (FHA)-insured single-family mortgages in the areas of Kerr County, Texas, that have been impacted by the severe...
The current and incoming chairmen of the House Financial Services Committee sent letters to financial regulatory agencies within the Biden administration warning them about last-minute “finalizing partisan rulemakings” ahead of the arrival of the Trump administration....
The federal banking regulators are completing an update to a Carter administration-era legislation designed to erase redlining and secure more lending in lower-income neighborhoods by banks. The Federal Reserve voted six to one today to complete the updating of the...
The four federal banking regulators have called on the nation’s financial institutions to “work prudently and constructively” with credit-worthy clients that are dealing with pressure related to the commercial real estate market. The statement from the Federal...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
