Industry News

HUD: New Appointments Announced to Housing Counseling Federal Advisory Committee

Members announced today join group that advises HUD on best practices for building an effective housing counseling program. Today, the U.S. Department of Housing and Urban Development (HUD) announced the appointment of 11 members to its Housing Counseling Federal Advisory Committee. The Committee serves a critical advisory role to HUD by helping shape the direction…

HUD: Annual National Lead Poisoning Prevention Week Announced

HUD joins U.S. Environmental Protection Agency and Centers for Disease Control in week-long call to action to end childhood lead poisoning in America. The U.S. Department of Housing and Urban Development (HUD) announced plans to observe the 25th National Lead Poisoning Prevention Week (NLPPW), in partnership with the U.S. Environmental Protection Agency (EPA), and the…

ABA: Letter Sent to the NCUA Urging that the Public Deserves Greater Transparency in Credit Union-Bank Acquisitions

In a letter sent to National Credit Union Administration Chairman Todd Harper today, American Bankers Association President and CEO Rob Nichols commended the agency for its renewed focus on credit union transparency and urged it to require greater accountability from credit unions seeking to acquire banks. The NCUA has indicated it may issue a Notice of Proposed…

HUD: Agency Hosts “Next Generation of Housing Policy” Roundtable

On October 7 and 8th, HUD Acting Secretary Adrianne Todman hosted a “Next Generation of Housing Policy” roundtable to identify bold new actions, ideas, and policies to broaden HUD’s impact, boost the supply of housing, and lower housing costs. HUD invited leading scholars, who represent a diversity of perspectives, geographies and disciplines, to leverage their…

SBA: 14 New Awards Announced for Regional Innovation Cluster Network to Drive Nationwide Small Business Growth, Job Creation and Innovation

Awardees Will Serve as Hubs for Local Economies in BioTech, Cybersecurity, Smart Manufacturing, and Agriculture Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced the expansion of the SBA’s Regional Innovation Cluster (RIC) network with 14 new awards. These awards aim…

HUD: New Actions Announced to Improve HUD’s Handbook for the Management of Multifamily Affordable Homes

Process kicks off the first set of comprehensive updates to the Handbook since 1992 and will provide HUD-assisted property owners and managers with comprehensive guidance to better meet the needs of renters across America. The U.S. Department of Housing and Urban Development (HUD) today announced the start of its process to update the Multifamily Asset…

OCC: Bank Supervision Operating Plan for Fiscal Year 2025 Released

The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2025. The plan outlines the OCC’s supervision priorities and objectives for the year. It also facilitates the implementation of supervisory strategies for individual national banks, federal savings associations, federal branches and agencies of foreign banking…

CFPB: Agency Takes Aim at Double Billing and Inflated Charges in Medical Debt Collection

Debt collectors may not collect on inaccurate, unsubstantiated, or invalid medical bills Today, the Consumer Financial Protection Bureau (CFPB) issued guidance to prevent families from being targeted by illegal medical debt collection tactics. The advisory opinion clarifies that debt collectors, which may include third-party “revenue cycle management” companies, are violating federal law when they collect on inaccurate…

ABA: America’s Banks and ABA Launch Two Major Consumer Protection Initiatives: #PracticeSafeChecks and #BanksNeverAskThat

Introduces new #PracticeSafeChecks campaign, celebrates 5th annual #BanksNeverAskThat campaign The American Bankers Association joined by banks across the country today launched two major consumer protection initiatives to combat the growing threat of fraud and scams. ABA’s award-winning #BanksNeverAskThat anti-phishing campaign, which has educated millions of bank customers about common scams from bad actors posing as…

SBA: 11th Annual National Veterans Small Business Week Scheduled for November 11th through 15th

Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced that the SBA will celebrate National Veterans Small Business Week (NVSBW) from Nov. 11 to Nov. 15. The 11th annual weeklong celebration will offer both in-person and virtual events across the…