Republicans tout Federal Home Loan Banks’ liquidity role

Key insight: Republicans highlighted the Federal Home Loan Banks’ role as a reliable liquidity backstop for member institutions. What’s at stake: Discussion drafts considered at a House Financial Services Committee hearing would ease capital rules for the banks and designate FHLB advances as “core” deposits. Forward look: The discussion drafts set the stage for potential […]

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Mortgage lenders slow to deploy AI, despite being a priority

Most mortgage lenders rate artificial intelligence implementation as one of their top priorities for the rest of the year, yet are still moving slowly. Processing Content More than 80% of lenders are evaluating AI tools across their businesses, but just 17% have deployed the technology in live production workflows, according to The Mortgage Collaborative’s June

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