Key insight: The FDIC proposed scaling back resolution planning requirements for banks and lowering deposit insurance assessments. Supporting data: The resolution planning proposal would raise the applicability threshold from $50 billion to $100 billion, exempting 16 of the 48 banks currently covered.  Forward look: Comptroller of the Currency Jonathan Gould described the proposals as “initial […]

Key takeaway: Christopher Phelan said that it is too early to tell whether tariffs will have an impact on the economy and said that inflation readings were worse during the Biden administration. Expert quote: “America is the best place in the world to be a participant in the economy at any level. We are the

Housing affordability saw another setback in May, as payments for newly originated purchase loans increased for a third straight month, according to the Mortgage Bankers Association.  Processing Content The median monthly payment amount came in at $2,198, rising 2.1% from $2,158 in April. The amount was at its most elevated since last May, when the