Census Bureau: Second Release of 2018 American Community Survey 1-Year Data Now Available
Today, the U.S. Census Bureau released the remaining profiles and tables for the 2018 American Community Survey (ACS) 1-year estimates. Data products for this release include Selected Population Profiles and Subject Tables. These profiles and tables can be found via the Census Bureau’s new data dissemination platform at data.census.gov. Included in this release are two more data visualization…
CDFB: Private Education Loan Ombudsman Issues 2019 Annual Report
The Consumer Financial Protection Bureau (Bureau) Private Education Loan Ombudsman issued today the 2019 Annual Report showing that from September 1, 2017 through August 31, 2019 the Bureau handled approximately 20,600 complaints related to private or federal student loans. Of these, there were approximately 6,700 private student loan complaints and 13,900 federal student loan complaints….
SBA: Small Business Lending Reflects Strong Economic Trends
SBA FY19 total loan volume reaches over $28 billion with more than 63,000 approved loans The U.S. Small Business Administration announced FY19 lending numbers showing that it guaranteed over $28 billion to entrepreneurs that otherwise would not have access to capital to start, grow, or expand their small businesses. “A strong economy is powering America’s 30…
ABA: Credit Card Delinquencies Fall as Other Consumer Delinquencies Rise Slightly
Consumer credit delinquencies were mixed in the second quarter, with delinquencies falling for bank cards (credit cards provided by banks) and rising for the composite index of closed-end loans, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. Overall, delinquencies rose in eight of the 11 categories tracked by ABA while three…
CDFI: Application Demand for FY 2019 Round of Capital Magnet Fund Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the application data for the fiscal year (FY) 2019 round of its Capital Magnet Fund program. A total of 113 organizations submitted applications requesting more than $522 million in funding. The applicants propose to serve 49 states, the District of…
SBA: Boots to Business Program Reaches 100,000 Veteran Participant Milestone
The U.S. Small Business Administration announced this week that more than 100,000 current and aspiring veteran business owners have participated in the Boots to Business training course since the program began in January 2013. “The SBA is all about powering the American dream. This is no different for the veteran business community,” said Larry Stubblefield, Associate Administrator, Office of…
OCC: Mortgage Performance Slightly Improved in Second Quarter 2019
The Office of the Comptroller of the Currency (OCC) reported a slight improvement in the performance of first-lien mortgages in the federal banking system during the second quarter of 2019. The OCC Mortgage Metrics Report, Second Quarter 2019 showed 96.1 percent of mortgages included in the report were current and performing at the end of the quarter,…
Census Bureau: American Community Survey Provides New State and Local Income, Poverty and Health Insurance Statistics
The U.S. Census Bureau today released its most detailed look at America’s people, places and economy. New state and local statistics on income, poverty and health insurance are available in briefs, detailed tables, data profiles and more. The American Community Survey (ACS) also produces statistics for more than 40 other topics. “Each completed survey is important because it…
FHFA: House Price Index Up 0.4 Percent in July; Up 5.0 Percent From Last Year
U.S. house prices rose in July, up 0.4 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from July 2018 to July 2019. The previously reported 0.2 percent increase for June 2019 remains unchanged. For the nine census divisions, seasonally adjusted monthly house price changes from…
FDIC: Office of the Ombudsman Published 2018 Annual Report
The Federal Deposit Insurance Corporation’s (FDIC’s) Office of the Ombudsman, an independent, neutral, and confidential liaison between the agency and its stakeholders, today published its 2018 Annual Report outlining the office’s structure, outreach activities, and goals. “Engaging with our stakeholders helps the FDIC maintain strong working relationships and assists in identifying potentially recurring questions or issues that…