CFPB: Rule Proposed to Stop Data Brokers from Selling Sensitive Personal Data
Rule seeks to protect Americans from crime and illegal foreign surveillance The Consumer Financial Protection Bureau (CFPB) today proposed a rule to rein in data brokers that sell Americans’ sensitive personal and financial information. The proposed rule would limit the sale of personal identifiers like Social Security Numbers and phone numbers collected by certain companies…
HUD: Aid Offered to Kentucky Disaster Victims
The U.S. Department of Housing and Urban Development (HUD) today announced the availability of federal disaster assistance for Kentucky and ordered federal aid to supplement commonwealth and local recovery efforts in the areas affected by the remnants of Hurricane Helene from September 27 to September 30, 2024. President Biden issued a major disaster declaration in the Kentucky….
FDIC: CRA Examination Schedules for First Quarter and Second Quarter 2025 Issued
The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the first quarter 2025 and second quarter 2025. 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. …
FEMA: President Biden Approves Major Disaster Declaration for Kentucky
FEMA announced that federal disaster assistance is available to the Commonwealth of Kentucky to supplement recovery efforts in the areas affected by remnants of Hurricane Helene from September 27-30, 2024. Public Assistance federal funding is available to the state and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work…
FEMA: President Biden Approves Major Disaster Declaration for the Confederated Tribes of the Colville Reservation
FEMA announced that federal disaster assistance is available to the Confederated Tribes of the Colville Reservation to supplement recovery efforts in the areas affected by wildfires from July 17 – Aug. 21, 2024. Public Assistance federal funding is available to the Confederated Tribes of the Colville Reservation and certain private nonprofit organizations on a cost-sharing basis…
FEMA: President Biden Approves Major Disaster Declaration for the Government of Puerto Rico
FEMA announced that federal disaster assistance is available to the government of Puerto Rico to supplement recovery efforts in the areas affected by Tropical Storm Ernesto from August 13-16, 2024. Public Assistance federal funding is available to the state and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work…
HUD: FHA 2025 Loan Limits Announced
New Federal Housing Administration loan limits for Single Family Title II forward and Home Equity Conversion Mortgages go up for calendar year 2025. Today, the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) is announcing new loan limits for calendar year 2025 for its Single Family Title II forward and Home Equity Conversion Mortgage (HECM)…
HUD and Census Bureau: New Residential Sales Report Released for October 2024
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for October 2024: New Home SalesSales of new single-family houses in October 2024 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the…
FHFA: Conforming Loan Limit Values for 2025 Announced for Fannie Mae and Freddie Mac
The baseline CLL value of $806,500 for one-unit mortgages purchased by the Enterprises represents a 5.2 percent increase from 2024 The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2025. In most of the United States, the 2025…