Bank of America: Older Americans have taken on a bigger economic role
Households headed by someone 55 or older held close to $140 trillion in net worth as of Q2 2026
HUD opens probe into Wells Fargo’s race-based mortgage programs
HUD says bank initiatives may violate the Fair Housing Act
FICO to cut 15% of staff, reduce management layers
The move comes as regulators and large lenders are embracing competing credit score models
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Mortgage rates fell and demand steadied as inventory dipped
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Massachusetts AG issues rule on shared appreciation mortgages, NCLC calls for broader protections
Elizabeth Warren expected to lead Senate banking committee in January
NAR President Kevin Brown warns of outside forces threatening real estate marketplace
Blend posts smaller Q3 loss, warns of steeper mortgage revenue drop ahead
NRMLA asks Congress to restore HUD housing counseling funds