FDIC: 2021 Summary of Deposits Survey Begins
The Summary of Deposits (SOD) is the annual survey of branch office deposits as of June 30 for all FDIC-insured institutions, including insured U.S. branches of foreign banks. All institutions with branch offices are required to submit the survey; institutions with only a main office are exempt. All survey responses are required by July 31,…
FEMA: 22 Additional Counties in Kentucky Approved for Individual Assistance
Twenty-two more counties in Kentucky have been designated for disaster assistance as part of the federal disaster declaration for the severe storms, flooding, landslides and mudslides that occurred Feb. 27 through March 14. The announcement brings the total number of counties designated for Individual Assistance to 31 with today’s addition of Anderson, Boyd, Clark, Fayette,…
FDIC: CRA Examination Schedules for Third Quarter 2021 and Fourth Quarter 2021 Issued
The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the third quarter 2021 and fourth quarter 2021. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter. …
Census Bureau: 2020 Population Estimates for Nation, States, Counties and Puerto Rico Now Available
The U.S. Census Bureau today released Vintage 2020 evaluation estimates of population for cities and towns as well as national, state and county housing unit estimates. Vintage 2020 estimates will continue to be released on a rolling basis through June and made available as a limited number of downloadable datasets. These estimates are based on the 2010…
Census Bureau: Small Business Pulse Survey Phase 5 Weekly Data Released
The U.S. Census Bureau today released new data from the fifth phase of the Small Business Pulse Survey (SBPS). Data collection began May 17. Results will be released weekly May 27 to July 22. The SBPS includes questions on small business operations and finances, requests and receipt of assistance, COVID-19 vaccinations and testing, measures of overall well-being, and…
FHFA: Latest Report on Non-Performing Loan Sales Released
The Federal Housing Finance Agency (FHFA) today released the latest report on the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac (the Enterprises). The Enterprise Non-Performing Loan Sales Report includes sales information about NPLs sold through December 31, 2020. Borrower outcomes reflect NPLs sold through June 30th, 2020 and reported through December 31,…
CFPB: New Report Finds that Manufactured Housing Loan Borrowers Face Higher Interest Rates, Risks and Barriers to Credit
Consumers tend to be rural and lower income, and those who do not own the underlying land have the greatest challenges Today the Consumer Financial Protection Bureau (CFPB) published a report that provides new insights into manufactured housing financing, a vital source of lending for millions of manufactured housing homeowners. Manufactured housing is a small…
EDA: $12.8 Million Invested to Establish the Marine Business, Research & Innovation Center in Cieba, Puerto Rico
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $12.8 million grant to Local Redevelopment Authority for Roosevelt Roads, San Juan, Puerto Rico, to construct and establish the Marine Business, Research & Innovation Center (MBRIC). This EDA grant, to be matched with $3.2 million in…
EDA: $5.8 Million in CARES Act Recovery Assistance Invested to Support Workforce and Entrepreneurial Development in Illinois
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $5.8 million in CARES Act Recovery Assistance grants to help the state of Illinois prevent, prepare for, and respond to coronavirus. “The Biden Administration is committed to unleashing the full power of the federal government to help…
EDA: $4.4 Million in CARES Act Recovery Assistance Invested to Support Broadband Expansion and Increase Shipbuilding Capacity in Wisconsin
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $4.4 million in CARES Act Recovery Assistance grants to help the state of Wisconsin prevent, prepare for, and respond to coronavirus. “President Biden is committed to empowering communities to build back stronger after the economic disruptions of…