CFPB: The 2018 Financial Literacy Annual Report Sums Up a Year of Achievements in Financial Education

Financial education is a critical part of the Bureau’s mission to empower people to take more control over their economic lives. The 2018 Financial Literacy Annual Report details how the Bureau works toward this goal by: Providing financial education directly to the public, and by expanding local delivery of financial information […]

FEMA: President Trump Approves Major Disaster Declaration for Connecticut

The Federal Emergency Management Agency announced that federal disaster assistance has been made available to the state of Connecticut to supplement state, tribal, and local recovery efforts in the areas affected by severe storms and flooding from September 25 to September 26, 2018. Federal funding is available to the state, […]

Census Bureau: New ACS Data on Median Household Income, Poverty Rates and Computer & Internet Use

American Community Survey Releases New Data for All Communities Nationwide Today, the U.S. Census Bureau announced the release of the 2013-2017 American Community Survey (ACS) five-year estimates, which features more than 40 social, economic, housing and demographic topics, including homeownership rates and costs, health insurance, and educational attainment. The ACS […]

FDIC: Affordable Mortgage Lending Guide Information Updated

Summary: The FDIC has updated the Affordable Mortgage Lending Guide, Part I: Federal Agencies and Government Sponsored Enterprises to reflect the most up-to-date information available about the mortgage products offered through federal housing programs, Fannie Mae and Freddie Mac. Statement of Applicability to Institutions with Less Than $1 Billion in […]

CFPB: Advisory Committees Meet to Discuss Emerging Trends in Financial Services Technology

The Bureau of Consumer Financial Protection (Bureau) meets Thursday with its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council, committees of experts who advise Bureau leadership on a wide range of consumer financial issues and emerging market trends. This joint meeting is the second such gathering […]

HUD: $23 Million Awarded to Fight Housing Discrimination

The U.S. Department of Housing and Urban Development (HUD) today awarded more than $23 million to nearly 80 fair housing organizations working to protect consumers from housing discrimination. Provided through HUD’s Private Enforcement Initiative (PEI), these grants offer a range of assistance to the nationwide network of fair housing organizations […]

OCC: CRA Evaluations Released for 28 National Banks and Federal Savings Associations

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of November 1, 2018 through November 30, 2018. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks […]