CFPB: Updates to “Know Before You Owe” Mortgage Disclosure Finalized
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today finalized updates to its “Know Before You Owe” mortgage disclosure rule with amendments that are intended to formalize guidance in the rule, and provide greater clarity and certainty. The changes will facilitate implementation of the Know Before You Owe rule by the mortgage industry. The…
CFPB: New Advisory Board and Council Members Announced
WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) announced the appointment of new consumer experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. The four bodies provide advice to CFPB leadership on a broad range of consumer financial issues…
Census Bureau: New Report on the Dynamics of Economic Well-Being
Today the U.S. Census Bureau released a new report on the Dynamics of Economic Well-Being: Fluctuations in the U.S. Income Distribution: 2009-2012 that highlights changes in annual household income by selected demographic characteristics of the householder. This report takes advantage of the Survey of Income and Program Participation’s longitudinal design that collected detailed monthly information…
HUD: $50 Million in Housing Counseling Grants Awarded
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded more than $50 million in housing counseling grants to hundreds of national, regional and local organizations to help families and individuals with their housing needs and to prevent future foreclosures. HUD’s housing counseling grants and the additional funding they leverage will assist…
Federal Reserve: FEDS Notes | Post-Crisis Lending by Large Bank Holding Companies
This note analyzes recent trends in loan growth at domestic bank holding companies (hereafter, banks) and reviews factors related to bank loan growth such as capital and loan write-downs.2 The extension of credit has important implications for the health of the economy.3 For instance, if businesses and households do not have access to credit, they…
Census Bureau: 2020 Census Quarterly Program Management Review Meeting
The U.S. Census Bureau will hold its quarterly 2020 Census Program Management Review on Tuesday, July 11 from 1 to 5 p.m. in the auditorium at Census Bureau Headquarters. Agenda topics include high-level program updates, an update on testing, and review of 2020 Census operations, and systems readiness. In order to provide wider access to this…
Census Bureau: Webinar on Race, Tribal, Hispanic & Ancestry Group Statistics
The U.S. Census Bureau will hold a technical webinar in advance of the release of two embargoed data products: the Selected Population Tables and the American Indian and Alaska Native Tables from the 2011-2015 American Community Survey. The webinar will be July 10, the day before the embargo, which starts July 11 for public release…
CDFI Fund: Registration Open for FY 2017 Capital Magnet Fund In-Person Application Workshops
Registration is now open to attend in-person application workshops for the fiscal year (FY) 2017 application round of the Capital Magnet Fund. Two in-person workshops—a morning session and an afternoon session—will be held at the CDFI Fund’s offices in Washington, D.C. on July 26, 2017. The same information will be covered during each workshop session….