Month: December 2021

Census Bureau: Household Pulse Survey Phase 3.3 Begins

The U.S. Census Bureau today announced the beginning of data collection for phase 3.3 of the experimental Household Pulse Survey (HPS). The HPS is now a monthly release as current changes in data no longer warrant a biweekly data collection, and we work to reduce respondent burden. This phase includes updated vaccination questions that expand response options…

HUD: FHA Single Family Title II Forward and Home Equity Conversion Mortgage Loan Limits for 2022 Announced

The Federal Housing Administration (FHA) on Tuesday announced new loan limits for calendar year 2022 for its Single Family Title II forward and Home Equity Conversion (reverse) Mortgage (HECM) insurance programs. Loan limits for most of the country will increase in the coming year resulting from robust house price appreciation, which is factored into the…

HUD: $41 Million Awarded in HOPWA Grants to Provide Housing to Low-Income Persons Living with HIV and Their Families

The U.S. Department of Housing and Urban Development’s (HUD) Office of HIV/AIDS Housing today announced it will award $41 million in Housing Opportunities for Persons With AIDS (HOPWA) competitive grants to 20 local governments and non-profit organizations through the HOPWA: Housing as an Intervention to Fight AIDS funding opportunity. “The importance of affordable housing and…

CFPB: New Research Shows Banks’ Deep Dependence on Overdraft Fees

Overdraft and Non-Sufficient Fund Penalties Made up Two-Third of Reported Fee Revenue Banks continue to rely heavily on overdraft and non-sufficient funds (NSF) revenue, which reached an estimated $15.47 billion in 2019, according to research released today by the Consumer Financial Protection Bureau (CFPB). Three banks—JPMorgan Chase, Wells Fargo, and Bank of America—brought in 44%…