Industry News

CFPB: CFPB Joins Federal and State Agencies in Coordinated Statements on Tech & Enforcement

Today, federal and state agencies, including the Consumer Financial Protection Bureau (CFPB), released agency-specific action statements on tech capacity. These statements reflect concrete actions to increase tech capacity, including actively hiring technologists – which will help enforce the laws on the book and design remedies that work for consumers, workers, small businesses, and others in…

SBA: Strategic Alliance Announced with National Association of Workforce Boards to Strengthen Workforce Development

Agreement Formalizes Existing Relationship with NAWB that Supports Small Business Owners by Increasing Access to Resources Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s cabinet for America’s more than 33 million small businesses, announced the signing of a Strategic Alliance Memorandum (SAM) with the National Association of Workforce Boards…

OCC: Minority Depository Institutions Advisory Committee Meeting Scheduled for April 16th

The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Tuesday, April 16, 2024. The meeting, which will be hosted in person and virtually, is open to the public and will begin at 8:30 a.m. Eastern Daylight Time (EDT)….

FHFA: 2024 Generative AI in Housing Finance TechSprint Announced

The Federal Housing Finance Agency (FHFA) today announced its second TechSprint, an in-person team-based problem-solving event hosted by its Office of Financial Technology. FHFA’s Generative Artificial Intelligence (AI) in Housing Finance TechSprint will bring together technology, regulatory, housing, and consumer finance experts to identify use cases (or specific scenarios) and associated control measures to support…

OCC: Registration Opens for OCC Project REACh Summit on Financial Inclusion

The Office of the Comptroller of the Currency (OCC) today announced that registration is open for its Project REACh Financial Inclusion Summit on May 29-30, 2024, at its headquarters in Washington, D.C. The OCC’s Project REACh, or the Roundtable for Economic Access and Change, brings together leaders from the banking industry, national civil rights organizations,…

HUD: HUD Cares Tour Launches to Highlight Key Agency Milestones

This campaign will be comprised of a multi-city tour to showcase the agency’s accomplishments. Today, the Department of Housing and Urban Development officially launched the HUD Cares Tour, a multi-city tour that will highlight the agency’s key milestones and accomplishments since the beginning of the Biden-Harris administration as well as priorities for 2024. “Over the…

HUD: Ginnie Mae Hosts Inaugural U.S.-Latin America Investor Roundtable

On Thursday, March 14, 2024, Ginnie Mae hosted its inaugural U.S.-Latin America Investor Roundtable at the U.S. Department of Housing and Urban Development headquarters in Washington, D.C. With support from the Inter-American Development Bank (IDB), the event brought together more than 150 in-person and virtual participants from throughout Latin America and the Caribbean to discuss…

HUD: For the First Time in 15 Years, FHA Increases Loan Limits to Expand Financing for Manufactured Homes

Newly increased loan limits for Title I Program supports the Biden-Harris Administration’s efforts to increase the supply and use of manufactured homes as an affordable housing source.  Today, the Federal Housing Administration (FHA) announced new loan limits for its Title I Manufactured Home Loan Program. The increased amounts use new methodologies for calculating and updating the program’s limits,…

HUD: Innovative Housing Showcase Returns to the National Mall on June 7th to June 9th

Building on the success of previous years, the Showcase will highlight cutting-edge solutions and advancements in housing design, technology, and sustainability. The National Mall will again transform into a hub of innovation and creativity as the U.S. Department of Housing and Urban Development (HUD) brings the Innovative Housing Showcase back for its fourth year, from…

HUD: Website Launched to Combat Source of Income Discrimination for Families Using Housing Vouchers

HUD’s new website serves as a “one-stop shop” for HUD stakeholders, offers tools to reduce Source of Income discrimination. Today, Principal Deputy Assistant Secretary for Public and Indian Housing, Richard J. Monocchio, announced the launch of HUD’s new website detailing protections against Source of Income (SOI) discrimination for families with Housing Choice Vouchers (HCVs). SOI…