Industry News

Census Bureau: 2020 Census Quarterly Program Management Review Meeting

The U.S. Census Bureau will hold its quarterly 2020 Census Program Management Review on Tuesday, July 11 from 1 to 5 p.m. in the auditorium at Census Bureau Headquarters. Agenda topics include high-level program updates, an update on testing, and review of 2020 Census operations, and systems readiness. In order to provide wider access to this…

CDFI Fund: Registration Open for FY 2017 Capital Magnet Fund In-Person Application Workshops

Registration is now open to attend in-person application workshops for the fiscal year (FY) 2017 application round of the Capital Magnet Fund. Two in-person workshops—a morning session and an afternoon session—will be held at the CDFI Fund’s offices in Washington, D.C. on July 26, 2017. The same information will be covered during each workshop session….

FHFA: 2018-2020 Housing Goals for Fannie Mae and Freddie Mac Proposed

Washington, D.C. – In accordance with the provisions of the Housing and Economic Recovery Act of 2008, the Federal Housing Finance Agency (FHFA) today proposed a rule that would establish new housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2018 through 2020.  FHFA is requesting comment on the proposed rule.  When finalized,…

FHFA: Deadline Extended to July 31 on Request for Input to Improve Access to Credit for Borrowers with Limited English Proficiency

Washington, DC – The Federal Housing Finance Agency (FHFA) is extending the deadline from July 10 to July 31 to allow more time for interested parties to provide input on issues facing qualified mortgage borrowers with Limited English Proficiency (LEP) throughout the mortgage life cycle process, including mortgage lending and servicing. FHFA announced on May…

CDFI Fund: 2017 Funding Round for Capital Magnet Fund Opens

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2017 funding round for the Capital Magnet Fund. Through the Capital Magnet Fund, the CDFI Fund competitively awards funds to CDFIs and qualified non-profit housing organizations. These awards can be used to finance affordable housing activities,…

HUD: $127 Million to Protect Children and Families from Dangerous Lead and Other Home Hazards Awarded

WASHINGTON – In a continuous effort to keep families and their children safe from lead-based paint and other home health and safety hazards, the U.S. Department of Housing and Urban Development (HUD) today awarded more than $127 million to 48 state and local government agencies (see chart below). The grant funding announced today will reduce…

CFPB: Certify Your Service | Guides to Public Service Loan Forgiveness

If you’re a teacher, member of the military, first responder, government employee, or work in another area of public service and have student loan debt, you may be eligible for the Public Service Loan Forgiveness (PSLF) program. STAY ON TRACK Check out these tips to certify your service and make sure you’re on track for Public…

CDFI Fund: Application Demand for FY 2016 Round of BEA Program Released

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the application data for the fiscal year (FY) 2016 round of its Bank Enterprise Award Program (BEA Program). A total of 116 applications were received requesting awards of over $146 million against the $19 million in Program Awards that are…

SBA: Ignite Tour Blazes Across the Country

WASHINGTON, D.C. – Administrator Linda McMahon, the head of the U.S. Small Business Administration, today announced the SBA Ignite Tour—a national outreach campaign aimed at fueling small businesses with tools and resources to grow their companies and create more American jobs. McMahon will tour more than 60 cities in two years. Throughout the tour McMahon…

ABA: Mortgage Borrowers Want Both Technology and In-Person Services

Survey also found down payment, student debt preventing home purchases  WASHINGTON — A majority of Americans (60 percent) agree that while they use online resources for research, they prefer to apply for a mortgage in person, according to a new survey from the American Bankers Association. Seventeen percent said they would prefer to apply for…