ABA: Prestigious Ag Banking Award Goes to Pennsylvania Banker
The American Bankers Association Center for Agricultural and Rural Banking will present Pennsylvania banker Michael H. Firestine with its annual Bruning Award for his leadership and outstanding dedication to providing credit and financial guidance to farmers, ranchers and rural businesses. The award will be presented at the ABA National Agricultural Bankers Conference in Milwaukee on…
Census Bureau: Discover America Counts Launched to Share Stories Behind the Numbers
Today, the U.S. Census Bureau announced the launch of a new content section on census.gov called America Counts: Stories Behind the Numbers. Designed in the style of an online newsroom, America Counts features headlines, graphics, videos and stories about Census Bureau data. Among the current stories, you will find out where the birth rate is…
SBA: Celebrating National Veterans Small Business Week 2017 Oct. 30 through Nov. 3
The U.S. Small Business Administration will celebrate veteran, service member, National Guard and Reserve members, and military spouse entrepreneurs during National Veterans Small Business Week, Oct. 30-Nov. 3. “Veteran-owned businesses are a critical pillar of the U.S. economy as they contribute more than $1.14 trillion to the nation’s annual total sales and receipts,” SBA Administrator…
SBA: 2017 InnovateHER Challenge National Competition Award Winners Announced
Linda McMahon, head of the U.S. Small Business Administration, today announced the winners of the 2017 InnovateHER Challenge, the SBA’s nationwide live-pitch competition highlighting the innovative products, services, and technologies developed by visionary entrepreneurs that have a measurable impact on the lives of women and families, and in the marketplace. “It is my pleasure to…
Federal Reserve: New Members of Community Advisory Council Announced
The Federal Reserve Board on Thursday announced five new members of its Community Advisory Council (CAC). The CAC is composed of a diverse group of experts and representatives of consumer, workforce, and community development organizations and interests, including from such fields as affordable housing, economic development, labor, small business, and asset and wealth building. CAC…
ABA: ABA to Congress – GSE Reform Essential to Stability of Housing Finance
The American Bankers Association outlined a set of key principles that should guide GSE reform, and explained why legislative action is needed to preserve access for lenders of all sizes and from all regions of the country in testimony before the House Financial Services Committee today. Brenda Hughes, senior vice president and director of mortgage…
HUD: Observing National Lead Poisoning Prevention Week
HUD and its partners to generate awareness of lead poisoning and solutions October 22 – 28 Nearly half a million children living in the United States have elevated levels of lead in their blood that may cause significant harm to their health. To help increase awareness of this preventable disease, the U.S. Department of Housing…
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…
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…
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,…