CFPB: Bureau Debuts New Official Seal
We are proud to unveil a new seal today at the Bureau. The seal reflects the Bureau’s mission through American imagery and references to the nation’s founding documents. It also aligns the Bureau with the seals of other federal financial regulators. The Dodd-Frank Wall Street Reform and Consumer Financial Protection Act gives the Bureau the…
Census Bureau: 2020 Census Planned Questions Submitted to Congress
Today the U.S. Census Bureau delivered its planned questions for the 2020 Census to Congress, which include age, sex, Hispanic origin, race, relationship, homeownership status, and citizenship status. By law, the Census Bureau must deliver decennial census questions to Congress two years before Census Day, with the next one occurring April 1, 2020. “The goal…
HUD: Milwaukee’s Westlawn Gardens Receives National Community Planning Award
Milwaukee public housing community wins prestigious HUD Secretary’s Award The U.S. Department of Housing and Urban Development (HUD) and the American Planning Association (APA) today awarded Wisconsin’s largest public housing community, Westlawn Gardens, the HUD Secretary’s Opportunity & Empowerment Award. Read more about Westlawn Gardens. Jointly presented by HUD and APA, the award recognizes a…
FHFA: June 2019 Implementation of the New Uniform Mortgage-Backed Security Announced
The Federal Housing Finance Agency (FHFA) today announced that on June 3, 2019 Fannie Mae and Freddie Mac (the Enterprises) will start issuing a new, common security, the Uniform Mortgage-Backed Security (UMBS), in place of their current offerings of TBA-eligible mortgage-backed securities. The new UMBS will be issued through the Enterprises’ joint venture, Common Securitization…
FEMA: Agency and Emergency Management Partner Organizations Release PrepTalk on Financial Literacy
FEMA, in partnership with organizations that collectively represent the emergency management profession, released today the seventh video presentation from the inaugural PrepTalks Symposium, John Hope Bryant’s “Financial Literacy and Overcoming Liquid Asset Poverty.” Bryant is the founder, chairman, and chief executive officer of Operation HOPE, Inc., a nonprofit provider of financial dignity education and economic…
SBA: Vancouver Business Owner Named 2018 SBA Washington State Veteran-Owned Business of the Year
Tony Curtis of Current Home Technologies Takes Top Honors, Celebration to Recognize All Local SBA Award Winners May 3 The U.S. Small Business Administration (SBA) 2018 Washington State Veteran-Owned Business of the Year is Tony Curtis, owner of Current Home Technologies in Vancouver, Washington. Founded in 2008, Current Home Technologies specializes in custom residential design…
SBA: Administrator Announces National Small Business Week Awardees
Administrator Linda McMahon, the head of the U.S. Small Business Administration, today announced the 2018 National Small Business Week awardees for 14 different categories ranging from research and development, exporting, outreach, contracting, lending, disaster recovery to manufacturing. Last week McMahon announced the 52 Small Business Person of the Year state and territorial winners. These recipients are…
CFPB: Applications Open for CFPB Advisory Board and Councils
To be sure that we hear from a variety of experts with diverse viewpoints, we set up the Consumer Advisory Board, the Community Bank Advisory Council, and the Credit Union Advisory Council. These advisory groups provide us with information about emerging trends and practices in the consumer financial marketplace. They also allow us to hear…
CDFI Fund: U.S. Treasury Announces $120 Million in Awards for Affordable Housing
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 40 organizations $120 million today for the development of affordable housing and related economic development activities in low-income communities. These awards were made through the fiscal year (FY) 2017 round of the Capital Magnet Fund, with funds available from the calendar…
HUD: Secretary Carson Launches New Financial Controls Including Grant Modernization
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced new measures to protect the financial integrity of the agency and correct lax internal processes and controls. Secretary Carson directed HUD’s newly appointed Chief Financial Officer, Irving Dennis, to design and implement a transformation plan and lead an internal taskforce to combat…