CRA Newswire

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,…

ABA: Consumer Survey Data Unveiled on Debit Cards, Overdraft and Other Banking Issues

In the wake of the Federal Reserve’s recent proposal to further lower the price cap on the debit interchange merchants pay to process debit card transactions, a new survey conducted by Morning Consult on behalf of the American Bankers Association finds that consumers are happy with their debit cards and think the government should leave…

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…

EDA: $676,426 Invested for Water Infrastructure Upgrades to Support Job Growth in Longwood, FL

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $676,426 grant to the city of Longwood, Florida, for water infrastructure improvements to spur private investment and create jobs in the region. This grant will support stormwater system improvements in the Florida Commerce Industrial Park, recently flooded by Hurricanes Ian and Nicole….

OCC: Mortgage Performance Reported for Fourth Quarter 2023

The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the fourth quarter of 2023. The OCC Mortgage Metrics Report, Fourth Quarter 2023 showed that 97.2 percent of mortgages included in the report were current and performing at the end of the quarter, an increase…

ABA: New Consumer Polling Data on Major Bank Policy Issues Released

National survey finds strong majorities are happy with their bank, view banking as “highly competitive,” value credit cards, and are concerned about the impact of new bank regulation Nine in 10 Americans with a bank account (87%) say they are “very satisfied” or “satisfied” with their primary bank, and 96% rate their bank’s customer service as…

Census Bureau: New Annual Integrated Economic Survey Officially Launches

The U.S. Census Bureau has officially launched its newest survey — the Annual Integrated Economic Survey (AIES). On Friday, March 15, approximately 370,000 businesses began receiving notices to respond to the 2023 AIES. This new survey will provide key measures of economic activity, including the only comprehensive national and subnational data on business revenues, expenses and…

SBA: Economic Injury Disaster Loans Available for Washington Small Businesses

Small nonfarm businesses in 22 Washington counties and neighboring counties in Oregon are now eligible to apply for low‑interest federal disaster loans from the U.S. Small Business Administration, announced Francisco Sánchez Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration. These loans offset economic losses because of reduced revenues caused…

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,…