Census Bureau: Webinar on Release of 2017 American Community Survey Statistics on September 6th
When: The U.S. Census Bureau will hold a webinar on Sept. 6 from 1-2 p.m. in advance of the Sept. 13 release of the 2017 American Community Survey statistics. The webinar will show participants how to access new data and online resources from the 2017 American Community Survey. Attendees will also learn about changes related…
HUD and Census Bureau: New Residential Sales Report for July 2018
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for July 2018: New Home Sales Sales of new single-family houses in July 2018 were at a seasonally adjusted annual rate of 627,000. This is 1.7 percent (±14.7 percent)* below the revised June…
FHFA: U.S. House Prices Rise 1.1 Percent in Second Quarter 2018
U.S. house prices rose 1.1 percent in the second quarter of 2018 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 6.5 percent from the second quarter of 2017 to the second quarter of 2018. FHFA’s seasonally adjusted monthly index for June was up 0.2 percent from May. The…
HUD: Following Court Ruling, Department Moving Forward on Amending Affirmatively Furthering Fair Housing Regulations
In the wake of a federal court decision upholding the U.S. Department of Housing and Urban Development’s approach to rulemaking, HUD Secretary Ben Carson today announced that HUD intends to move forward in amending its 2015 Affirmatively Furthering Fair Housing (AFFH) regulations. Last week, Chief Judge Beryl A. Howell, of the U.S. District Court for…
FEMA: President Trump Approves Major Disaster Declaration for Iowa
The Federal Emergency Management Agency announced today that federal disaster assistance has been made available to the state of Iowa to supplement state, tribal, and local recovery efforts in the areas affected by severe storms, tornadoes, and straight-line winds on June 6 to July 2, 2018. Federal funding is available to the state, tribal, and…
FHFA: Fannie Mae and Freddie Mac to Conclude Single-Family Rental Pilot Programs
The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises) will conclude their single-family rental pilot programs and then terminate their participation in the single-family rental market except through their previously existing investor programs – Fannie Mae’s Multiple Financed Properties and Freddie Mac’s Investment Property Mortgages. In the last…
ABA: Foundation Invites Volunteers for 2018 “Get Smart About Credit” Day on October 18th
Bankers visit classrooms across country on Oct. 18 to teach credit education The American Bankers Association Foundation is calling for banker volunteers for its 16th annual Get Smart About Credit campaign, an initiative designed to teach teens how to use credit effectively. Bankers will celebrate Get Smart About Credit Day on Oct. 18 and throughout…
HUD: Department Launches New Campaign to Boost Landlord Acceptance of Housing Vouchers
New task force aimed at boosting landlord participation in Housing Choice Voucher Program WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a Department-wide task force as part of a larger campaign to encourage more landlords to participate in the Housing Choice Voucher (HCV) Program. HUD’s HCV Program is the nation’s…
Federal Reserve: FEDS Notes | The Branch Puzzle: Why Are There Still Bank Branches?
Elliot Anenberg, Andrew C. Chang, Serafin Grundl, Kevin B. Moore, and Richard Windle* We provide evidence that the persistence of the large number of local bank branches across the country may be due to the fact that both depositors and small businesses continue to value local bank branches. Read the Full Article.