Pandemic Planning: Joint Questions and Answers Regarding State About the Use of Capital and Liquidity Buffers

Summary The Office of the Comptroller of the Currency (OCC), along with the Board of Governors of the Federal Reserve System (Federal Reserve) and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies), recognize the potential for Coronavirus Disease (also referred to as COVID-19) to adversely affect the customers and […]

Census Bureau: American FactFinder Is Retiring March 31

The U.S. Census Bureau is retiring American FactFinder (AFF) on March 31, 2020. AFF has been the primary data dissemination tool, provided by the Census Bureau, for almost 20 years. Beginning in June of 2019, the Census Bureau stopped releasing new data in AFF and transitioned to represents a new chapter […]

FFIEC: Updated Guidance on Pandemic Planning Issued

The Federal Financial Institutions Examination Council (FFIEC) today updated guidance identifying actions that financial institutions should take to minimize the potential adverse effects of a pandemic. Pandemic preparedness is an important part of a financial institution’s business continuity planning. The guidance provides the Council’s prudent expectations that regulated institutions should […]

FEMA: President Trump Amends Disaster Declaration for the Commonwealth of the Northern Mariana Islands

FEMA announced that President Donald J. Trump made additional disaster assistance available to the Commonwealth of the Northern Mariana Islands by authorizing an increase in federal funding for certain eligible costs as a result of Super Typhoon Yutu. The President’s action authorizes federal cost share for all categories of Public […]

FHFA: Indices Show Little Movement in Mortgage Interest Rates in December 2018

Nationally, interest rates on conventional purchase-money mortgages were nearly flat from November to December, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.83 percent for loans closed in late December, down 3 […]

Federal Reserve: Beginning November 28th, FRB Intends to Begin Publishing Semiannual Report on Assessment of U.S. Financial Stability

The Federal Reserve Board on November 28 intends to begin publishing a semiannual report presenting the Board’s view of the outlook for U.S. financial stability. The Financial Stability Report will include a summary of the Board’s framework for assessing the resilience of the U.S. financial system and a discussion of […]