Author name: Ricky Vasquez

The National Association of Realtors (NAR) has introduced an expertise-driven application process for its 2027 governance committees, aiming to match members to roles based on their experience, qualifications and leadership background, the trade group announced Thursday. This announcement comes one day after NAR announced plans to sunset some governance groups as part of a committee […]

Frost Bank previously announced in 2023 that it was reentering the mortgage business after a multiyear buildup that included system development and pilot programs. Now, reporting from Dallas news outlet WFAA says that the Texas-based bank is coming back swinging with a new program for borrowers who have been priced out of the housing market.

Key insight: The proposal simplifies operational risk capital for the largest banks. Forward look: Critics warn lower capital could raise systemic risk as in prior crises. Key quote: “The proposal really misses the mark in terms of what its original intent was.” —Phillip Basil, director at Better Markets Regulators’ revised Basel operational risk capital framework