SBA: On One-Year Anniversary of California Wildfires, SBA Extends Disaster Relief Deadlines
Today, on the one-year anniversary of the Los Angeles County wildfires, the U.S. Small Business Administration (SBA) announced it is once again extending disaster relief deadlines for survivors amid state and local permitting delays that have prevented rebuilding for thousands of residents. This action will allow homeowners and business owners to draw down their approved SBA loan…
Treasury: Secretary Bessent Announces Launch of New Platform on Working Family Tax Cuts
Secretary Scott Bessent today announced the launch of Treasury’s Working Family Tax Cuts: Ushering in a New Golden Age, a platform designed to provide Americans with a clear view into President Trump’s pro-family, pro-worker, and pro-growth economic agenda. “Treasury is opening the books for the American people,” Secretary Bessent said. “Starting with the historic Working Families…
ABA: Community Bank Leaders Urge Senate to Protect Local Lending from Stablecoin Risks
The American Bankers Association’s Community Bankers Council, representing community banks across all 50 states and territories, is urging the U.S. Senate to take decisive action to protect local economies from emerging risks in the digital asset market. In a letter sent to Senators, more than 200 community bank leaders from across the country expressed concern that some crypto companies are exploiting a regulatory loophole, undermining the intent of the GENIUS Act, which…
HUD: FHA Fulfilled Core Mission in Fiscal Year 2025
Mutual Mortgage Insurance (MMI) Fund Report Highlights Solid Financial Performance, Supporting Homeownership for More Than 876,000 Americans The Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) released its fiscal year (FY) 2025 annual reportcovering the financial status of the FHA Mutual Mortgage Insurance (MMI) Fund and its Single Family mortgage insurance programs. FHA…
FDIC: List of Banks Examined for CRA Compliance Issued
The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in October 2025. The CRA is a 1977 law that requires the FDIC to assess a bank’s record of meeting the…
HUD: Financial Report Finds Billions in Potential Payment Errors During 2024
Housing and Urban Development (HUD) Secretary Scott Turner released HUD’s Fiscal Year 2025 (FY25) Agency Financial Report (AFR) to Congress, which detailed significant misuse of taxpayer funds under the Biden administration including potential payment errors totaling more than $5 billion. For the first time ever, HUD’s Office of the Chief Financial Officer (OCFO) used advanced…
FDIC: Additional Transparency Provided Regarding Marketing and Sale of Failing Financial Institutions
The Federal Deposit Insurance Corporation (FDIC) has enhanced its public website to increase transparency into the marketing and sale process of failing financial institutions and has posted templates of contractual agreements for transactions to facilitate review in advance of any acquisition opportunities. The information can be found in the Resolutions section of the website at Failing Bank Resolutions | FDIC.gov. …
Agencies Release Annual Asset-Size Thresholds Under Community Reinvestment Act Regulations
The Federal Reserve Board and the Federal Deposit Insurance Corporation today announced the 2026 updated Community Reinvestment Act (CRA) “small bank” and “intermediate small bank” asset-size thresholds. The CRA regulations establish the framework and criteria by which the relevant agencies assess a financial institution’s record of meeting the credit needs of its entire community, including…
FHFA: House Price Index Up 0.4 Percent in October 2025; Up 1.7 Percent from Last Year
U.S. house prices rose 0.4 percent in October, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 1.7 percent from October 2024 to October 2025. The previously reported 0.0 percent price change in September was revised downward to a 0.1 percent decline. For the nine census divisions, seasonally adjusted monthly…