CFPB: FFIEC Announces Availability of 2017 HMDA Data on Mortgage Lending
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 5,852 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. Released today are loan-level HMDA data that cover 2017 lending activity submitted by financial…
CDFI Fund: Save the Date for Upcoming FY 2018 Capital Magnet Fund Information Sessions
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to publish the Notice of Funds Availability (NOFA) and application for the FY 2018 Capital Magnet Fund round in the Summer of 2018. Approximately $140 million is expected to be available for awards through the FY 2018 round. The…
FEMA: President Trump Approves Major Disaster Declaration for Indiana
The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Indiana to supplement state, tribal and local recovery efforts in the areas affected by severe storms and flooding from February 14 to March 4, 2018. The President’s action makes federal funding available to affected individuals…
FDIC: Guidance to Help Financial Institutions and Facilitate Recovery in Disaster Areas of Alabama
Summary: The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Alabama affected by severe storms and tornadoes. Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised financial institutions. Highlights: Severe storms and…
FEMA: In Florida? Learn Disaster Preparation Tips in Your Language
Hurricane Season Begins June 1 With hurricane season beginning shortly, it’s important for all Floridians to develop a plan about how to react before, during and after a disaster. Florida’s more than 20 million residents speak many languages. The state is also the most vulnerable in the country for hurricanes with nearly 120 in recorded…
FEMA: Disaster Assistance Tops $50 Million to Florida Government and Nonprofits
The state and FEMA continue collaborating to bring federal disaster dollars to Florida for Hurricane Irma-related expenses. The agency’s Public Assistance program has provided Florida more than $50 million to reimburse local governments and certain nonprofits for disaster-related projects. Below are examples of the funding so far: Monroe County: about $3.3 million for emergency response…
CDFI Fund: Public Comments Requested on CDFI Program and NACA Program Annual Compliance Reports
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Community…
ABA: Community Commitment Awards Submissions Currently Open with ABA Foundation
Deadline for entries is June 29 The American Bankers Association Foundation is requesting submissions for its annual Community Commitment Awards to recognize banks’ essential involvement in their communities. The awards will honor innovative, high-impact bank programs that improve the quality of life for the customers and communities they serve. The entry period will extend to…
Census Bureau: Economic Census Begins
The 2017 Economic Census is officially underway today as the U.S. Census Bureau began notifying businesses nationwide by mail with instructions on how to complete the survey online. Conducted once every five years, this is the first time the Census Bureau will conduct the survey almost entirely online. Only small businesses in U.S. territories will…