HUD: First-of-its-Kind Report to Congress on the Housing Needs of Survivors of Human Trafficking Released
Department provides assessment of housing needs for trafficking survivors experiencing homelessness or housing instability Today, the U.S. Department of Housing and Urban Development (HUD) released a report that assesses the availability and accessibility of housing and services for individuals experiencing homelessness or housing instability who are survivors of trafficking or at risk of being trafficked….
ABA: Report Finds Farm Bank Lending Increased to $110 Billion in 2023
Banks reported holding over 1.1 million small farm loans worth $70 billion Amid elevated production costs, commodity price volatility and a return to pre-pandemic levels of direct government payments, agricultural loan demand increased in 2023 and agricultural lending by U.S. farm banks grew 6.7% to $110.0 billion, according the American Bankers Association’s annual Farm Bank…
ABA: Consumer Survey Data Unveiled on Debit Cards, Overdraft and Other Banking Issues
In the wake of the Federal Reserve’s recent proposal to further lower the price cap on the debit interchange merchants pay to process debit card transactions, a new survey conducted by Morning Consult on behalf of the American Bankers Association finds that consumers are happy with their debit cards and think the government should leave…
OCC: Mortgage Performance Reported for Fourth Quarter 2023
The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the fourth quarter of 2023. The OCC Mortgage Metrics Report, Fourth Quarter 2023 showed that 97.2 percent of mortgages included in the report were current and performing at the end of the quarter, an increase…
ABA: New Consumer Polling Data on Major Bank Policy Issues Released
National survey finds strong majorities are happy with their bank, view banking as “highly competitive,” value credit cards, and are concerned about the impact of new bank regulation Nine in 10 Americans with a bank account (87%) say they are “very satisfied” or “satisfied” with their primary bank, and 96% rate their bank’s customer service as…
Census Bureau: New Annual Integrated Economic Survey Officially Launches
The U.S. Census Bureau has officially launched its newest survey — the Annual Integrated Economic Survey (AIES). On Friday, March 15, approximately 370,000 businesses began receiving notices to respond to the 2023 AIES. This new survey will provide key measures of economic activity, including the only comprehensive national and subnational data on business revenues, expenses and…
CDFI Fund: Application Demand for FY 2024 Round of CDFI Program and NACA Program Released
The application period for the fiscal year (FY) 2024 funding round for the Community Development Financial Institutions Fund’s (CDFI Fund) Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on February 15, 2024. In total, 948 organizations from across the country requested a combined level of approximately $1.55…
FHFA: U.S. House Prices Rise 6.5 Percent Over Last Year; Up 1.5 Percent from the Third Quarter 2023
U.S. house prices rose 6.5 percent between the fourth quarter of 2022 and the fourth quarter of 2023, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 1.5 percent compared to the third quarter of 2023. FHFA’s seasonally adjusted monthly index for December was up 0.1 percent from November. “U.S. house prices increased…
Census Bureau: New StatVentures Competition Announced
The U.S. Census Bureau’s Census Open Innovation Labs today announced the launch of Phase 1 of the Address Geolocation Challenge, a new StatVentures competition. Phase 1 rules and requirements are available now on Challenge.gov. Interested applicants can submit applications from March 11 through April 19. The Address Geolocation Challenge invites the public to propose new ways to produce more complete, accurate,…
HUD and Census Bureau: New Residential Sales Report for January 2024 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 January 2024: New Home SalesSales of new single‐family houses in January 2024 were at a seasonally adjusted annual rate of 661,000, according to estimates released jointly today by the U.S. Census Bureau…