Stephen Miran, President Trump’s nominee to fill a vacant governor position at the Federal Reserve, said he intends to preserve the Fed’s independence if confirmed for the position.

Only two of the 11 regional banks saw a sequential increase in profits in the second quarter.

Expanded-credit MBS marketing had paused after Aug. 22.

A proposal from the CFPB would limit the bureau's ability to designate nonbanks for supervision.

The bank projected that it will take more than four years to recover the $9.3 million loss tied to the sale of the MBS.

Demand for purchase mortgages declined last week even as interest rates on mortgages moved down.

The national emergency declaration would allow the administration to use extraordinary powers to address high home prices and limited housing supply.

As of the end of June, banks held $2.859 trillion in their servicing-for-others accounts, up 1.1% from the end of March.

“Today, that value is worth anywhere between $500 billion and $700 billion,” said FHFA Director Bill Pulte. “I think it’s going to be a $1 trillion, and potentially even higher.”

Voxtur Analytics has faced financial difficulties in the past year and was late filing earnings for the second quarter of 2025.