HUD: Additional $58 Million Allocated to Help Texas Recover from Hurricane Harvey
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today allocated an additional $57.8 million to help Texas recover from Hurricane Harvey. The grant announced today is provided through HUD’s Community Development Block Grant – Disaster Recovery (CDBG-DR) Program. Combined with CDBG-DR grants already allocated to the State of Texas from disasters that occurred in…
FHFA: Preferred Language Question to be Added to the Redesigned Uniform Residential Loan Application
The Federal Housing Finance Agency (FHFA) today announced its decision to add a preferred language question to the redesigned Uniform Residential Loan Application (URLA). This question will enable borrowers who prefer to communicate in a language other than English to identify that language. It also provides clear disclosures that the mortgage transaction is likely to…
Census Bureau: New American Community Survey Data Now Available
The U.S. Census Bureau’s 2016 American Community Survey one-year Public Use Microdata Sample (PUMS) files and Supplemental Estimates Tables are now available on census.gov. 1-Year Public Use Microdata Sample (PUMS) Files The PUMS files contain data on approximately 1 percent of the U.S. population and allow users to create their own tabulations. The files show…
Census Bureau: Three Blogs to Help You Understand Population Estimate
The U.S. Census Bureau recently released the 2016 population estimates, which helps gauge change in the population since the 2010 Census. Read the blogs below to understand the methodology behind these releases. Net Migration and Population Estimates: A High-Level Overview Written by: Amel Toukabri, Local Government Estimates and Migration Processing The U.S. Census Bureau recently…
HUD: Disaster Assistance for California Wildfire Victims Announced
U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the State of California and provide support to homeowners and low-income renters forced from their homes due to wildfires. President Trump issued a major disaster declaration for Butte, Lake, Mendocino, Napa, Nevada, Orange, Sonoma, and Yuba counties. The President’s declaration allows…
Federal Reserve: FEDS Notes | The Unequal Distribution of Economic Education
The Unequal Distribution of Economic Education: A Report on the Race, Ethnicity, and Gender of Economics Majors at US Colleges and Universities Amanda Bayer and David Wilcox Abstract: The distribution of economic education among US college graduates is quite unequal: female and underrepresented minority undergraduates, collectively, major in economics at 0.36 the rate that white,…
FDIC: Personnel Changes Announced at Agency
Chief Information Officer The FDIC Board has appointed Howard Whyte as Chief Information Officer. Mr. Whyte has more than 20 years of information technology and security experience in the federal government, military, and private sector. Since January 2017, Mr. Whyte has been the Chief Information Security Officer (CISO) at the FDIC. In that role, he…
HUD and Census Bureau: Residential Construction Activity in August 2017
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for September 2017. Building Permits: Privately owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,215,000. This is 4.5 percent (±1.6 percent) below the revised…
Federal Reserve: Speech | Financial Innovation: A World in Transition
We live in a world defined by the rapid pace of technological change. Four of the five largest U.S. companies by market capitalization are classified as “technology companies,” where the term describes the products that these companies sell and how they operate. Thanks to decades of investment in information technology, especially in electronic communication networks,…
CFPB: Seeking Feedback on Draft Strategic Plan FY 2018-2022
CFPB is required to produce a new strategic plan that establishes our mission, strategic goals, and strategic objectives for the next five years. We have posted a draft strategic plan for fiscal years 2018 to 2022 , and we invite your feedback. Please send your comments on our draft strategic plan to strategy@cfpb.gov by Nov. 18, 2017.