HUD: Ginnie Mae and HUD to Host Summit on Mortgage Market Resilience and Access to Credit
The October 15 Summit will bring together leaders across sectors to discuss the critical role of independent mortgage banks in housing finance. Today, the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae announced plans to host a summit to explore the impact of mortgage market liquidity on Americans’ access to affordable home…
HUD: New Resources Announced to Retrofit and Weatherize Affordable Homes in America
HUD releases new guidance and updated tools to ensure benefits of President Biden’s Inflation Reduction Act and Bipartisan Infrastructure Law reach all affordable housing communities Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of new guidance and resources to support the rapid retrofitting and weatherization of America’s affordable housing stock….
HUD: Agency Joins Federal Agencies and AmeriCorps to Expand Workforce Training for Clean Energy Jobs
Memorandum of Understanding will advance the Biden-Harris Administration’s American Climate Corps and strengthen workforce pipeline to good-paying clean energy jobs The U.S. Department of Housing and Urban Development (HUD) today announced it is signing onto the Memorandum of Understanding (MOU) between the Departments of Commerce, the Interior, Agriculture, Labor, Energy, the Environmental Protection Agency and…
OCC: Acting Comptroller Discusses Financial Inclusion
Acting Comptroller of the Currency Michael J. Hsu today discussed the importance of financial inclusion in remarks at the Inclusive Finance for Development: 15 Years of Impact event in New York City hosted by United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development. In his remarks, Acting Comptroller Hsu discussed how people-centered metrics on…
EDA: $2.5 Million Invested for Water Infrastructure Improvements to Support Manufacturing Growth in La Porte, IN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the City of La Porte, Indiana, for water infrastructure improvements to support manufacturing business growth in the region. This grant will provide for critical infrastructure upgrades at the Thomas Rose Industrial Park, supporting business…
SBA: AMEX, WIPP and SBA to Co-Host Education Initiative for Women Entrepreneurs This Fall
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 federal agency will cohost two events in the Washington, D.C., area and Florida alongside Women Impacting Public Policy (WIPP) and American Express (AMEX) this fall as a continuation of the 2024 National…
HUD: Housing Counseling Services Expanded to More Americans
The Department celebrates Housing Counseling by introducing new initiatives, including a partnership with Zillow, and the use of virtual methods to broaden access and reach more Americans seeking housing assistance. Today, the U.S. Department of Housing and Urban Development (HUD) announced a series of new actions to expand housing counseling services and strengthen pathways to…
CFPB: Action Taken to Stop Banks from Harvesting Overdraft Fees without Consumers’ Consent
Banks have charged overdraft fees for ATM and one-time debit card transactions even though they did not have customers’ documented consent Today, the Consumer Financial Protection Bureau (CFPB) published guidance to help federal and state consumer protection enforcers stop banks from charging overdraft fees based on phantom opt-in agreements. Phantom opt-ins occur when banks claim they have…
ABA: Officers, Board Nominated for 2024–2025
The American Bankers Association’s Nominating Committee has finalized the official slate of candidates to be presented for election at the association’s annual meeting scheduled for Oct. 29 in New York City. The committee, chaired by Daniel D. Robb, president and CEO, Jonesburg State Bank, Jonesburg, Mo., nominated these candidates for ABA officer positions: The committee…
HUD: 30th Anniversary of the Violence Against Women Act Commemorated
Five federal agencies affirm continued commitment to implement housing provisions under the Violence Against Women Act To commemorate the 30th anniversary of the Violence Against Women Act (VAWA), the U.S. Department of Housing and Urban Development today joined four federal agencies—the U.S. Department of Agriculture, U.S. Department of Justice, the U.S. Department of Treasury, and the…