FDIC: CRA Examination Schedules for First Quarter and Second Quarter 2025 Issued
The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the first quarter 2025 and second quarter 2025. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter. …
FEMA: President Biden Approves Major Disaster Declaration for Kentucky
FEMA announced that federal disaster assistance is available to the Commonwealth of Kentucky to supplement recovery efforts in the areas affected by remnants of Hurricane Helene from September 27-30, 2024. Public Assistance federal funding is available to the state and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work…
FEMA: President Biden Approves Major Disaster Declaration for the Confederated Tribes of the Colville Reservation
FEMA announced that federal disaster assistance is available to the Confederated Tribes of the Colville Reservation to supplement recovery efforts in the areas affected by wildfires from July 17 – Aug. 21, 2024. Public Assistance federal funding is available to the Confederated Tribes of the Colville Reservation and certain private nonprofit organizations on a cost-sharing basis…
FEMA: President Biden Approves Major Disaster Declaration for the Government of Puerto Rico
FEMA announced that federal disaster assistance is available to the government of Puerto Rico to supplement recovery efforts in the areas affected by Tropical Storm Ernesto from August 13-16, 2024. Public Assistance federal funding is available to the state and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work…
HUD: FHA 2025 Loan Limits Announced
New Federal Housing Administration loan limits for Single Family Title II forward and Home Equity Conversion Mortgages go up for calendar year 2025. Today, the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) is announcing new loan limits for calendar year 2025 for its Single Family Title II forward and Home Equity Conversion Mortgage (HECM)…
HUD and Census Bureau: New Residential Sales Report Released for October 2024
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for October 2024: New Home SalesSales of new single-family houses in October 2024 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the…
FHFA: Conforming Loan Limit Values for 2025 Announced for Fannie Mae and Freddie Mac
The baseline CLL value of $806,500 for one-unit mortgages purchased by the Enterprises represents a 5.2 percent increase from 2024 The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2025. In most of the United States, the 2025…
FHFA: U.S. House Prices Rise 4.3 Percent over the Prior Year; Up 0.7 Percent from the Second Quarter of 2024
U.S. house prices rose 4.3 percent between the third quarter of 2023 and the third quarter of 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 0.7 percent compared to the second quarter of 2024. FHFA’s seasonally adjusted monthly index for September was up 0.7 percent from August. “U.S. house price growth…
OCC: First and Second Quarter 2025 CRA Evaluation Schedule Issued
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the first and second quarters of 2025. The OCC encourages public comment on the CRA-related activities of the national banks and federal savings associations (collectively, banks) scheduled to be evaluated under the…
HUD: More Than $6.5 Million Invested to Modernize Rental Homes for Families in Wisconsin, Maryland, and New Hampshire
Newly closed Green and Resilient Retrofit Program transactions will fund crucial repairs and energy efficiency and climate resilience improvements. Today, the U.S. Department of Housing and Urban Development (HUD) announced the recent closing of three Green and Resilient Retrofit Program (GRRP) transactions to help finance energy efficiency and climate resilience improvements for affordable rental homes…