HUD: New Residential Sales in March 2017 Report
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today jointly announced the following new residential sales statistics for March 2017: NEW HOME SALES Sales of new single-family houses in March 2017 were at a seasonally adjusted annual rate of 621,000, according to estimates released jointly today by…
SBA: Top Resource Partners to be Honored at National Small Business Week
WASHINGTON – The U.S. Small Business Administration is recognizing the 2017 National Small Business Week resource partner awardees for their achievements in advancing small business growth and development. A Denver Women’s Business Center, a Boston SCORE Chapter, an Ohio Small Business Development Center, and a Michigan Veterans Business Outreach Center will be honored during National…
FHFA: House Price Index Up 0.8 Percent in February
Washington, D.C. – U.S. house prices rose in February, up 0.8 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported lack of change in January was revised upward to a 0.2 percent increase. The FHFA monthly HPI is calculated using home sales…
FDIC: Advisory Committee on Economic Inclusion to Meet This Week
The Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Economic Inclusion (ComE-IN) will meet on Thursday, April 27 to discuss measures banks may consider to reach underserved populations, such as collaborations with community-based organizations; resources for affordable mortgage lending; and new research that may be used to more effectively target resources to promote broader access…
ABA: Bankers Celebrate 20th Anniversary of Teaching Children to Save April 28th
Estimated 450,000 children will be reached in 2017 through Teach Children to Save WASHINGTON — Nearly 11,500 bankers will host financial education events across the country this week in celebration of Teach Children to Save Day on April 28. Since 1997, Teach Children to Save and the ABA Foundation’s financial education initiatives have reached approximately…
SBA: SBA Administrator to Kick Off National SBIR Conference
WASHINGTON – U.S. Small Business Administrator Linda McMahon will kick off the 2017 National SBIR Conference on May 16 at the Gaylord Hotel and Conference Center in Washington, D.C. In her keynote address, Administrator McMahon will highlight the vital role America’s small businesses play in strengthening the economy and driving innovation. “It’s our mission at the…
SBA: NYC Investment Firm Names Small Business Investment Company of the Year
WASHINGTON – Deerpath Capital Management, LP of New York City, has been named the 2017 Small Business Investment Company (SBIC) of the Year by the U.S. Small Business Administration. Deerpath, along with other national winners and finalists for the National Small Business Person of the Year, have been invited to a recognition ceremony as part…
CFPB: Get Money Smart
Here at the CFPB, we support Money Smart Week (April 22–29) as part of Financial Literacy Month. Throughout the United States, consumers like you are invited to thousands of free financial education classes and seminars held by local and regional organizations. The classes and seminars cover a wide variety of money-management topics such as buying…
SBA: Four Heroes Win SBA’s 2017 Phoenix Award for Outstanding Disaster Recovery Efforts
WASHINGTON – A South Carolina mayor who championed his city’s post-disaster economic recovery, a volunteer who extended herself to support a small West Virginia town’s rebuilding after a flood, a Texas business owner who rebuilt his company after a devastating flood, and a Northern California public official leading the relief efforts for a fire-ravaged county…
CFPB: Effective Date Extension Finalized for Prepaid Accounts Rule
Today, we released a final rule delaying the general effective date of our rule governing prepaid accounts by six months. The rule will now take effect on April 1, 2018. We have also decided to revisit at least two substantive issues in the prepaid accounts rule through a separate notice and comment rulemaking process. We expect…