FDIC: FFIEC Revises A Guide to HMDA Reporting: Getting It Right!
The Federal Financial Institutions Examination Council (FFIEC) has revised A Guide to HMDA Reporting: Getting It Right! to reflect the October 2015 Home Mortgage Disclosure Act (HMDA) final rule, as amended in 2017. This compliance resource should help financial institutions better understand the final rule’s requirements, including the data collection and reporting provisions. Statement of…
FDIC: New Consumer News Publication Features Tips on Protecting Assets
It’s always important for consumers to save money for their future, keep banking and borrowing costs down, and guard their possessions from high-tech thieves in today’s digital world. The Winter 2018 FDIC Consumer News includes information about: Five things to know about safe deposit boxes and home safes for protecting valuables. Among the tips: bank…
FDIC: Q&As for Consumers as Part of National Consumer Protection Week
In observance of National Consumer Protection Week (NCPW) March 4-10, 2018, the FDIC will post a new question and answer (Q&A) on a different banking topic each weekday at www.fdic.gov/ncpw. The five Q&As — covering mobile banking, credit and debit card security precautions, safe deposit boxes, credit reports, and debt collectors — along with other…
FEMA: Six Months after Two Category 5 Hurricanes Struck, the U.S. Virgin Islands is Recovering
Roads have been cleared of debris. Electricity is flowing. Stores are open. Students are in school. Six months after hurricanes Irma and Maria devastated St. Thomas, St. John and St. Croix, recovery is well underway, led by the Virgin Islands Territorial Emergency Management Agency and local officials with support from the Federal Emergency Management Agency…
FEMA: Major Disaster Declaration for Territory of American Samoa
The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the territory of American Samoa to supplement territory recovery efforts in the areas affected by Tropical Storm Gita from February 7 to February 12, 2018. The President’s action makes federal funding available to affected individuals in the territory…
FEMA: 5 Things You Need to Know about Floodwaters
Less than a year ago, flash floods caused millions of dollars in damage to homes and businesses in the Midwest and Great Lakes region. Many of these areas are experiencing flooding even now. As warmer spring months approach, the threat of floods from snow melt and heavy rainfall continues to increase for these communities. “Don’t…
HUD: FHA Extends Foreclosure Moratorium for Hurricane Maria Victims
Additional 60-day relief to help struggling FHA-insured families in Puerto Rico & U.S. Virgin Islands WASHINGTON – For the second time since Hurricane Maria devastated Puerto Rico and the U.S. Virgin Islands, the Federal Housing Administration (FHA) today announced that the agency is extending its 180-day foreclosure moratorium for FHA-insured homeowners for an additional 60…
SBA: National Small Business Week Begins April 29th
Today, the head of the U.S. Small Business Administration, Administrator Linda McMahon announced that this year’s National Small Business Week will be held from April 29 – May 5, 2018. McMahon will start the week in Washington, D.C., where she will recognize and award outstanding small business owners and Resource Partners from around the country….