CRA Newswire

CFPB: How to Spot a Scammer

Have you been contacted by someone claiming to be from a government agency who says you’ve won a cash prize? Has someone claiming to be a federal government employee called and threatened you with jail time or a lawsuit if you don’t pay a debt? If so, there’s a good chance it’s a scam. Criminals…

FEMA: Hurricane Maria Update

One and a half months after Hurricane Maria made landfall on Puerto Rico nearing category 5 strength, the government of Puerto Rico, FEMA and its federal partners have been making progress in one of the nation’s most logistically complex responses in history. One strong recovery effort was the restoration on communications. Only 82 cell phone…

SBA: DFW Small Businesses Receive Record Lending of Over $1 Billion for a Consecutive Third Year

Herbert Austin, District Director for the U.S. Small Business Administration (SBA)’s Dallas/Fort Worth (DFW) District Office announced today that fiscal year 2017 lending in the district’s 72 counties reached over $1.187 billion to 2062 small businesses. “This is another major milestone for the DFW district” said Austin. “For the third year in a row our…

CFPB: Tips for Servicemembers with Student Debt

The unique nature of life in the military can create financial challenges for servicemembers. This is especially true for servicemembers with student loans. We routinely hear from servicemembers who enter military service not simply with student loans, but because of them. And yet, military borrowers continue to tell us about the obstacles they face when…

FEMA: Texas Registration Deadline for Disaster Assistance Now November 30

Texans affected by Hurricane Harvey now have until November 30, 2017, to register for federal assistance. The deadline was November 24, however, an additional six days now gives survivors more time through the Thanksgiving holiday. Federal assistance includes help for temporary housing, rental assistance and repair or replacement of damaged homes for eligible individuals and…

Census Bureau: 2014 Annual Survey of Entrepreneurs Exporting Firms Summary Released

Today the U.S. Census Bureau released data findings from the 2014 Annual Survey of Entrepreneurs Exporting Firms Summary. The data are contained in three tables that cover export destination, receipt size of firm and the employment size of the firm by the exporting status, gender, ethnicity, race and veteran status of the firm. The tables…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in August 2017. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

OCC: Acting Comptroller Discusses Efforts to Promote Lending and Investment in Distressed Communities

Acting Comptroller of the Currency Keith A. Noreika today discussed efforts by the Office of the Comptroller of the Currency (OCC) to support lending and investment in distressed communities. During remarks at the National Association of Affordable Home Lenders Annual Conference, the Acting Comptroller described guidance finalized by the OCC in August that gives national…

FEMA: Puerto Rico Survivors Urged to Submit SBA Loan Applications

Puerto Rico survivors are encouraged to apply for disaster assistance from the Federal Emergency Management Agency (FEMA) and to submit an application for a low-interest disaster loan from the Small Business Administration (SBA). In planning their recovery, survivors should give themselves the widest possible set of options. Submitting the application makes it possible to be…