Key insight: The FDIC is in early conversations to create standards for bank tech providers through an independent standard-setting body and an assessor for vetting fintechs on behalf of smaller banks. What’s at stake: According to the agency, the initiative may be particularly valuable to community banks that might not otherwise have the resources or […]

Mortgage lenders set rates around 10am ET every day, but the bond market dictates the day to day changes, and bonds were on the move throughout the overnight trading hours. Granted, the movement wasn’t extreme, but much like yesterday, it suggested a bit of optimism heading into this morning’s main event: the release of July’s

The White House is considering throwing its weight behind a push to increase a capital gains tax exemption for primary home sales and cut levies on investments ahead of the midterm election — changes that would disproportionately flow to some of the wealthiest US households. Processing Content National Economic Council Director Kevin Hassett and Fox