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March

22
2023
Trends

Mortgage demand increases again, but interest rates are rising

Mortgage demand has increased for three straight weeks now, as interest rates dropped in response to the recent bank failures. But rates are rising again, and that could put a damper on application volume.

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March

22
2023
Industry News

US Senate Banking Committee to hold hearings on SVB -chair

WASHINGTON, March 21 (Reuters) - The U.S. Senate Banking Committee will hold the "first of several hearings" on the collapse of Silicon Valley Bank and Signature Bank on March 28, Chairman Sherrod Brown said on Tuesday, with testimony from Federal Deposit Insurance Corporation Chair Martin Gruenberg, Federal Reserve official Michael Barr, and Nellie Liang, an under secretary at the U.S. Treasury Department.

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March

22
2023
Trends

Many Americans with medical debt struggling to pay bills: Survey

A majority of Americans said that inflation and rising costs has impacted their healthcare purchasing decisions or their ability to pay medical bills, according to a recent AccessOne survey.

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March

21
2023
Compliance

RMAI Presents New DEI Guide, Implementing Diversity Equity Inclusion Best Practices

March 20, 2023 (Sacramento, CA) – RMAI introduces a new guide for the accounts receivables management industry, Implementing Diversity Equity Inclusion Best Practices: RMAI Diversity Equity Inclusion Program Baseline Recommendations.

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March

21
2023
Trends

Small bank struggles could hit the real estate market hard

A pullback in lending among small banks in the U.S. was already underway before the collapse of Silicon Valley Bank and Signature Bank. Now economists expect to see more tightening.

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