CRA Newswire

Census Bureau: 2017 Economic Census Deadline Extended to June 19th

The U.S. Census Bureau has granted a one-week extension for the 2017 Economic Census due to high call volumes and long wait times. The economic census response due date of June 12, has been extended to June 19, 2018. The economic census is currently collecting data for approximately 3.7 million business locations. U.S. businesses nationwide, including those…

FHFA: Fifth Report on Non-Performing Loan Sales Released

The Federal Housing Finance Agency (FHFA) today released its fifth report providing information about the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac (the Enterprises).  The Enterprise Non-Performing Loan Sales Report includes information about NPLs sold through December 31, 2017, and reflects borrower outcomes as of December 31, 2017 on NPLs sold…

Census Bureau: Postsecondary Enrollment Before, During and After the Great Recession

The Great Recession of 2007 to 2009 influenced significant changes in American postsecondary education, according to a new report by the U.S. Census Bureau. The number of students enrolled in college in the United States increased from 2.4 million in 1955 to 19.1 million in 2015. From 2006 to 2011, total college enrollment grew by 3 million,…

FHFA: Proposed Rule Issued on Enterprise Capital Requirements for Fannie Mae and Freddie Mac

The Federal Housing Finance Agency (FHFA) is seeking comments on a proposed regulation on capital requirements for Fannie Mae and Freddie Mac (the Enterprises).  The proposed rule would implement a new framework for risk-based capital requirements and a revised minimum leverage capital requirement for the Enterprises. FHFA suspended regulatory capital requirements after placing the Enterprises…

FEMA: President Trump Approves Major Disaster Declaration for New Jersey

The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of New Jersey to supplement state, tribal, and local recovery efforts in the areas affected by severe winter storm and snowstorm from March 6-8, 2018. Federal funding is available to the state, tribal, and eligible local…

FEMA: Schools in Puerto Rico to be Assessed for Damage from Hurricane Maria

FEMA and the Government of Puerto Rico are launching a comprehensive project to assess damage from Hurricane Maria to 1,110 schools on the island. The 60-day assessment project, coinciding with the summer school break, will allow FEMA and the Puerto Rico Department of Education to determine eligibility for federal assistance to repair and rebuild schools….

HUD: Historic Agreement Reached with New York City Housing Authority to Improve Health and Living Conditions

U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a historic agreement with the nation’s largest public housing authority to correct dangerous lead-based paint and other health and safety hazards. HUD, the Justice Department, and the U.S. Environmental Protection Agency (EPA) reached a Consent Decree with New York City and the New York…

ABA: Foundation Released Bank Guide for Preventing Elder Financial Abuse

Resource available in advance of World Elder Abuse Awareness Day on June 15 Seniors lose approximately $2.9 billion annually to financial abuse – and with baby boomers retiring every day, along with an estimated $12 trillion in wealth transfers expected to take place between generations, that number could continue to grow. In response, America’s banks…

FEMA: President Trump Approves Major Disaster Declaration for New Hampshire

The Federal Emergency Management Agency (FEMA) announced that federal disaster assistance has been made available to the state of New Hampshire to supplement state, tribal, and local recovery efforts in the areas affected by severe storm and flooding from March 2-8, 2018. Federal funding is available to the state, tribal, and eligible local governments and…