Fresh Today

Fresh Today

ALEXANDRIA, Va.—NCUA has released the December 2025 update of its Simplified CECL Tool, which was developed primarily for small and non-complex credit unions as an option for estimating the allowance for credit losses on loans and leases.

WASHINGTON— The U.S. Justice Department has asked Federal Reserve Chair Jerome Powell to clarify whether the central bank has returned to profitability, a determination the Trump administration says could affect whether the Consumer Financial Protection Bureau can receive funding, according to court records cited by Reuters.

MCLEAN, Va.--The 30-year fixed-rate mortgage dipped this week, averaged 6.21%, Freddie Mac said.