FEMA: Additional Federal Assistance Approved for 10 Florida Counties

Ten Florida counties affected by Hurricane Michael are now eligible for federal assistance to help pay for the cost of repairing damaged public infrastructure and responding to the storm. FEMA announced that state and local government agencies, and certain private nonprofits including houses of worship, in these counties will now […]

FDIC: Banker Teleconference on November 28th to Cover FDIC 2017 National Survey of Unbanked and Underbanked Households

FIL-73-2018 Summary: The FDIC will discuss the results of its 2017 biennial National Survey of Unbanked and Underbanked Households during a teleconference scheduled for Wednesday, November 28, 2018, from 2:00 p.m. to 3:30 p.m. Eastern Time. Other topics to be discussed include economic inclusion resources pertinent to community banks, including […]

HUD: FHA 2018 Annual Report to Congress Released

Capital Reserves remain above statutory minimum for fourth straight year The Federal Housing Administration (FHA) today released its 2018 Annual Report to Congress on the economic condition of the agency’s Mutual Mortgage Insurance Fund (MMI Fund). FHA reports that at the end of Fiscal Year (FY) 2018, the MMI Fund […]

FHFA: Fannie Mae and Freddie Mac Refinance Volume Decreases in Third Quarter 2018

The Federal Housing Finance Agency (FHFA) today reported that Fannie Mae and Freddie Mac completed 253,135 refinances in the third quarter of 2018, compared with 299,460 in the second quarter.  FHFA’s third quarter Refinance Report also shows that 1,865 loans were refinanced through the Home Affordable Refinance Program (HARP), bringing […]

FHFA: 2018 Performance and Accountability Report Released

The Federal Housing Finance Agency (FHFA) today released its Performance and Accountability Report, which details FHFA’s activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during fiscal year 2018.  For the tenth consecutive year, FHFA received an unmodified […]

FDIC: Information on Small-Dollar Lending Requested

The Federal Deposit Insurance Corporation (FDIC) today announced that it is seeking public comment on issues related to small-dollar lending by FDIC-supervised financial institutions. The Request for Information (RFI) solicits comments on the consumer demand for small-dollar credit products, the supply of small-dollar credit products currently offered by banks, and […]

FDIC: 2018 Version of Money Smart for Adults Released

The FDIC today released the 2018 version of its popular instructor-led Money Smart for Adults financial education curriculum. Instructors can use the fully scripted materials with minimal preparation to deliver unbiased, relevant, and accurate financial education. “The FDIC’s Money Smart for Adults helps people gain the knowledge, confidence, and skills […]

Federal Reserve: New FEDS Notes Analyzes Rural Affordable Rental Housing

Rural Affordable Rental Housing: Quantifying Need, Reviewing Recent Federal Support, and Assessing the Use of Low Income Housing Tax Credits in Rural Areas (PDF) by Andrew M. Dumont Abstract: Recently, there has been significant interest in the high levels of rental cost burden being experienced across the United States. Much […]

FEMA: President Trump Approves Major Disaster Declaration for California

The Federal Emergency Management Agency announced that federal disaster assistance has been made available to the state of California to supplement state, tribal and local recovery efforts in the areas affected by wildfires beginning on November 8, 2018, and continuing. The President’s action makes federal funding available to affected individuals […]

Census Bureau: Webinar on Release of 2018-2017 ACS Five-Year Estimates Scheduled for November 27th

What: The U.S. Census Bureau will hold a webinar on Nov. 27, 2018, in advance of the Dec. 6 release of the 2013-2017 American Community Survey five-year estimates. The webinar will show participants how to access the data and compare geographies and statistics over time. Embargo subscribers will have access […]