Census Bureau: Statement of Delivering a Complete and Accurate 2020 Census Count
The U.S. Census Bureau continues to evaluate its operational plans to collect and process 2020 Census data. Today, we are announcing updates to our plan that will include enumerator awards and the hiring of more employees to accelerate the completion of data collection and apportionment counts by our statutory deadline of December 31, 2020, as…
Census Bureau: Household Pulse Survey Weekly Data Released
The Census Bureau today released new data from 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, school closures, changes in the availability of consumer goods…
ABA: New Report Examines Construction Lending Immediately Before and After COVID-19
The outlook for bank construction lending was strong prior to the onset of the COVID-19 pandemic, and bankers remain optimistic despite challenges resulting from the health and economic crisis, according to a report released by the American Bankers Association today. More than 90% of bank respondents surveyed at the end of 2019 reported that their…
HUD and Census Bureau: New Residential Sales Report for June 2020
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 2020: New Home Sales Sales of new single-family houses in June 2020 were at a seasonally adjusted annual rate of 776,000. This is 13.8 percent (±17.8 percent)* above the revised May…
FHFA: House Price Index Down 0.3 in May; Up 4.9 Percent from Last Year
U.S. house prices fell in May, down 0.3 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 4.9 percent from May 2019 to May 2020. The previously reported 0.2 percentincrease for April 2020 was revised downward to 0.1 percent. For the nine census divisions, seasonally adjusted monthly house…
CDFI Fund: Public Comment Period Extended for CDFI Certification Application, ACR and CTLR
Deadline to Submit Responses to CDFI Fund Now November 5, 2020 The Community Development Financial Institutions Fund (CDFI Fund) will extend the deadline to submit comments in response to its solicitation for public feedback on a revised Community Development Financial Institution (CDFI) Certification Application, Annual Certification and Data Collection Report (ACR), and new Certification Transaction Level Report (CTLR). The…
CFPB: New Capability for the Consumer Complaint Database Announced Including Viewing Complaints Over Time
The Consumer Financial Protection Bureau (Bureau) today announced the addition of a trends view to the Consumer Complaint Database (Database). The trends view allows users to see information about complaints over time using a robust set of filter options. For several years, the database has provided users with the ability to filter complaints by date,…
CDFI Fund: New CDFI FA, NMTC AMIS Compliance and Reporting Forms Available in August
Late TLR Submitters have until July 31st to Submit using Current TLR Template The Community Development Financial Institutions Fund (CDFI Fund) is deploying new Transaction Level Report (TLR) templates for use by Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) Financial Assistance (FA) and New Markets Tax Credit Program…
CFPB: Updated COVID-19 Consumer Complaint Data Released
The Consumer Financial Protection Bureau (Bureau) today issued an updated Complaint Bulletin, analyzing the more than 8,000 complaints it received from January through May 2020 that mention coronavirus or related terms (“coronavirus keywords”). The bulletin shows that mortgage (19 percent), credit card (18 percent), and credit or consumer reporting (18 percent) complaints top the list…
CFPB: New Study Shows Credit Builder Loan Could Help Consumers Build Credit
The Consumer Financial Protection Bureau (Bureau) today released a report indicating that a credit builder loan could increase the likelihood of establishing a credit record for consumers without one, and could help improve the credit scores of those with no current outstanding debt. The Bureau issued “Targeting Credit Builder Loans: Insights from a Credit Builder…