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…
Census Bureau: Data Transitions to Data.census.gov as American FactFinder Retires after 20 years
The U.S. Census Bureau has retired American FactFinder (AFF), its statistics and information search engine after 20 years. Users can begin accessing Census Bureau data at data.census.gov, including the 2018 1-Year American Community Survey and 2017 Economic Census later this month. Data.census.gov represents a new chapter in the Census Bureau’s dissemination approach by centralizing data access and allowing for a more…
HUD and Census Bureau: Residential Construction Activity Report for August 2019
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 August 2019. Building Permits Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,419,000. This is 7.7 percent (±1.2 percent) above the revised…
FDIC: Summary of Deposits Annual Survey Results Released for 2019
The Federal Deposit Insurance Corporation (FDIC) today released results of its annual survey of branch office deposits for all FDIC-insured institutions as of June 30, 2019. The FDIC’s Summary of Deposits (SOD) provides deposit totals for each of the more than 86,000 domestic offices operated by more than 5,300 FDIC-insured commercial and savings banks, savings associations, and…
CFPB: Tax Time Savings Pilot Study Research Released
The Consumer Financial Protection Bureau (Bureau) released today the results of a pilot study, Planning for tax-time savings, launched with the tax preparation company H&R Block that shows that simple messages encouraging customers to use their prepaid card to save at tax time increased the likelihood that they would do so. The pilot study, conducted…
CDFI Fund: Application Demand for FY 2019 Round of CDFI Program and NACA Program Released
The fiscal year (FY) 2019 application round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on June 6, 2019. The Community Development Financial Institutions Fund (CDFI Fund) received 546 applications from organizations across the country, requesting a total of $579.54 million. Specifically:* 412 organizations requested…
FHFA: House Prices Rise 1.0 Percent in Second Quarter; Up 5.0 Percent from Last Year
U.S. house prices rose in the second quarter of 2019, up 1.0 percent according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from the second quarter of 2018 to the second quarter of 2019. FHFA’s seasonally adjusted monthly index for June was up 0.2 percent from May. FHFA produces the nation’s only public,…