ABA: Newly Redesigned ABA.com Launches
The American Bankers Association, the united voice of the nation’s $18 trillion banking industry, today announced the launch of its newly redesigned website featuring a modern look, updated content and improved tools to provide a richer, more valuable digital experience for visitors. “The new website is packed with tools, resources and information to help our members succeed,…
FHFA: House Prices Rise 1.0 Percent in Second Quarter; Up 5.0 Percent from Last Year
U.S. house prices rose in the second quarter of 2019, up 1.0 percent according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from the second quarter of 2018 to the second quarter of 2019. FHFA’s seasonally adjusted monthly index for June was up 0.2 percent from May. FHFA produces the nation’s only public,…
CFPB: Fourth Biennial Report on the State of the Credit Card Market Released
The Consumer Financial Protection Bureau (Bureau) today released its fourth biennial report on the state of the credit card market for the period 2017-2018. In 2009, the Credit Card Accountability Responsibility and Disclosure Act (Act) made substantial changes to the legal requirements applicable to the credit card market, with Section 502 of the Act also…
HUD and Census Bureau: New Residential Sales Report in July 2019 Released
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 2019: New Home Sales Sales of new single-family houses in July 2019 were at a seasonally adjusted annual rate of 635,000. This is 12.8 percent (±16.2 percent)* below the revised June…
FHFA: 2020 Release Dates for House Price Index Announced
The Federal Housing Finance Agency (FHFA) today announced the FHFA House Price Index (HPI) will be released at 9 a.m. ET on the following dates in 2020: Wednesday, January 22 Monthly Index Tuesday, February 25 Quarterly and Monthly Index Wednesday, March 25 Monthly Index Wednesday, April 22 Monthly Index Tuesday, May 26 Quarterly and Monthly Index Wednesday,…
HUD and Census Bureau: Residential Construction Activity in July 2019 Report Issued
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for July 2019. Building Permits Privately owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,336,000. This is 8.4 percent (±1.1 percent) above the revised…
ABA: New Report Examines Banks’ Use of Social Media
87 percent report active social media engagement More than eight in 10 banks (84 percent) believe social media is important to their institution and 87 percent are very or somewhat active on their social media accounts, according to a new report released today by the American Bankers Association. The State of Social Media in Banking 2019 highlights…
ABA: Report Shows Credit Card Market Moderated in First Quarter 2019
Credit card use moderated in the first quarter of 2019, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor. Compared to the previous quarter, seasonally adjusted purchase volumes declined across risk tiers. Compared to year-ago levels, purchase volumes rose among super-prime (+5.2 percent) and subprime (+4.3 percent) accounts and were essentially unchanged…
Census Bureau: New Report Examines Audience Segments for the 2020 Census
The U.S. Census Bureau released today the 2020 Census Predictive Models and Audience Segmentation Report. The report explains the Census Bureau’s predictions and understandings of how people might self-respond to the 2020 Census. Households will be able to respond to the 2020 Census online, by phone, or by mail. The report describes research on three aspects…
HUD and Census Bureau: New Residential Sales Report for June 2019
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 June 2019: New Home Sales Sales of new single-family houses in June 2019 were at a seasonally adjusted annual rate of 646,000. This is 7.0 percent (±15.2 percent)* above the revised May…