FDIC considers small businesses and residential loan originations when evaluating a merger’s competitive effects.
Bank mergers are expected to face increased scrutiny after the Federal Deposit Insurance Corporation (FDIC) Board of Directors approved a Final Statement of Policy (Final SOP) to its Bank Merger Transaction guidelines, finalized on September 17. The board also voted 3-2 i...
August sales dip, but analysts eye year-end comeback with lower rates and rising supply
Although existing-home sales fell again in August, lower mortgage rates and rising supply could propel a resurgence before the year ends. Existing-home sales retreated 2.5% in August to a seasonally adjusted annual rate of 3.86 million, sliding 4.2% from one year ago, th...
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