CFPB: Fair Lending Report of the Consumer Financial Protection Bureau Issued for 2025
In 2025, the Consumer Financial Protection Bureau (CFPB) transformed its fair lending program by refocusing its regulatory, supervisory, and enforcement activities on its statutory authority and identified consumer harm. Under previous administrations, the CFPB was weaponized and had gone beyond its statutory mandate. In the area of fair lending specifically, CFPB leadership uncovered egregious examples…
Treasury: U.S. Department of the Treasury and U.S. Department of Education Launch New Defaulted Loans Support Center
The U.S. Department of the Treasury (Treasury) and the U.S. Department of Education (ED) announced the launch of the Defaulted Loans Support Center, a new online portal that gives Americans with defaulted federal student loans a simpler way to understand their options, address default, and return to repayment. The launch of this portal is part of the…
HUD: Multiple Fair Housing Act Charges Announced
Cuts Biden Backlog by 46%, Violations including Disability, Sexual Harassment, and Familial Status Discrimination HUD today announced nine recent charges of discrimination under the Fair Housing Act, reflecting ongoing enforcement of federal fair housing protections by HUD’s Office of Fair Housing and Equal Opportunity (FHEO). While vigorously investigating and prosecuting cases of actual unlawful discrimination,…
ABA: Bank Economists Expect Softer Credit Conditions Expected Over Next Six Months
About the Credit Conditions IndexThe ABA Credit Conditions Index is a suite of proprietary diffusion indices derived by the American Bankers Association from surveys of bank chief economists from major North American banking institutions. Since 2002, the bank economists have forecasted credit quality and availability for both businesses and consumers, indicating whether they expect conditions…
OCC: Mortgage Performance Report for Second Quarter of 2026 Released
The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the second quarter of 2026. The OCC Mortgage Metrics Report, Second Quarter 2026 showed that 97.7 percent of mortgages included in the report were current and performing at the end of the quarter, an increase…
FDIC: Board of Directors Approves Proposed Rule on State Bank Parity
The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a notice of proposed rulemaking that would amend the agency’s regulations to promote parity between state banks and national banks. Under the proposed rule, when host state laws do not apply to a national bank, those laws would similarly not apply to an out-of-state…
CDFI Fund: U.S. Department of the Treasury Announces FY 2025 and FY 2026 Awards for Multiple CDFI Fund Programs
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced awards for the FY 2025 Community Development Financial Institutions (CDFI) and Native American CDFI Assistance (NACA) Programs, and the FY 2026 Bank Enterprise Award (BEA) and Small Dollar Loan (SDL) Programs. The awards announced today will collectively support the increase of…
EDA: U.S. Department of Commerce Invests $23 Million to Support Economic Development Projects in Ten States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $23 million in awards for projects in ten states. The awards were provided through EDA’s FY 2025 Public Works and Economic Adjustment Assistance programs, which leverage existing regional assets and support the implementation of economic development strategies to support distressed communities. The EDA awards…
SBA: Guidance Issued to Prioritize Defense-Critical Firms as New 8(a) Program Rules Take Effect
Agency Advances the Smaller War Plants Commission’s effort to prioritize domestic production capacity and military readiness Today, the U.S. Small Business Administration (SBA) announced new guidance relating to recent reforms of the 8(a) Business Development Program for individually-owned firms. In support of President Donald J. Trump’s agenda to expand the Arsenal of Freedom here at home, and…
HUD: Disaster Aid & Financial Flexibility Delivered for Indiana Residents Impacted by Natural Disasters
Secretary Turner announced the availability of federal disaster assistance to the state of Indiana to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes, and flooding that occurred on August 11, 2026. “HUD stands ready to help Americans in need following natural disasters,” said Secretary Turner. “Our team is helping the…