EDA: $1 Million in CARES Act Recovery Assistance Invested to Assist Oklahoma Manufacturers in Responding to Coronavirus

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to Oklahoma State University, Stillwater, Oklahoma, to assist Oklahoma manufacturers in Northeast and Central Oklahoma respond to the coronavirus pandemic. The EDA grant will be […]

Census Bureau: Household Pulse Survey Phase 2 Biweekly Data Released

The U.S. Census Bureau today released new data from the second phase of the experimental Household Pulse Survey. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing business curtailment and closures, stay-at-home orders, […]

FHFA: Temporary Policy Allowing Purchase of Qualified Loans in Forbearance Extended

November 30, 2020 is new expiration date To support homeowners and mortgage lenders, the Federal Housing Finance Agency (FHFA) has approved an extension of the current temporary policy that allows for the purchase of certain single-family mortgages in forbearance that meet specific eligibility criteria as set by Fannie Mae and […]

HUD: FHA Extends COVID-19 Forbearance Request Timeframe for Single Family Homeowners

Extension through December 31, 2020, ensures homeowners who need assistance can continue to obtain mortgage payment forbearance Today, the Federal Housing Administration (FHA) announced it is extending the date for single family homeowners with FHA-insured mortgages to request an initial forbearance from their mortgage servicer to forbear their mortgage payments for up […]

EDA: $399,804 in CARES Act Recovery Assistance Invested to Boost Capital Investment in Rural Utah Opportunity Zones

 Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $399,804 grant to the Sorenson Impact Center at the University of Utah and the Utah Association of Counties to create a rural Opportunity Zone and Recovery Playbook that will support local efforts to drive capital investment into […]

FHFA: COVID-Related Loan Flexibilities Further Extended

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) will extend several loan origination flexibilities until November 30, 2020. The changes are to ensure continued support for borrowers during the COVID-19 national emergency. The flexibilities were set to expire on October 31, 2020. […]

ABA: National Survey Shows Americans Remain Highly Satisfied with Their Bank, Appreciate Banks’ Response to COVID-19

Nine in 10 Americans with a bank account (89 percent) say they are “very satisfied” or “satisfied” with their primary bank, and 96 percent rate their bank’s customer service as “excellent,” “very good” or “good,” according to a new survey conducted by Morning Consult on behalf of the American Bankers […]

CFPB: Virtual Town Hall on Managing Money During the COVID-19 Pandemic with Pro Linebacker Brandon Copeland on October 27th

Consumer Financial Protection Bureau (Bureau) Director Kathleen L. Kraninger and Brandon Copeland, pro linebacker and University of Pennsylvania Professor, will host a virtual town hall to discuss how people can better manage their money during tough times. The event, titled “Pressure Creates Diamonds: Money Management During Coronavirus,” will take place […]