WASHINGTON—President Biden on Monday announced changes to the federal government’s signature ... Read more
The Department of Housing and Urban Development will begin investigating complaints of housing discrimination based on sexual orientation or gender identity under the Fair Housing Act, in a pointed reversal of Trump administration policy.
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The U.S. Department of Housing and Urban Development on Tuesday extended COVID-19 foreclosure and forbearance moratoriums for FHA and USDA loans to June 30, 2021. It also extended the deadline... Read more
As the Federal Reserve contemplates updates to its Community Reinvestment Act regulations, the American Bankers Association emphasized the importance of working... Read more
Where people live can significantly affect their health, well-being, and upward mobility. Cities have invested in transit-oriented development (TOD) to spur growth, revitalize neighborhoods, and promote healthy communities. Although the goal of... Read more
The Independent Community Bankers of America (ICBA) wrote a letter to the Federal Reserve (Fed) addressing updates to the Community Reinvestment Act (CRA) regulations. The letter was in response to a Fed advance notice of proposed rulemaking (... Read more
SBA Issues Updates on PPP Processing Fees, EIDL Advance Reconciliation Payments
The Small Business Administration issued an updated procedural notice regarding the reporting process through while lenders report on Paycheck Protection... Read more
The six banks that received equity from Wells Fargo are Broadway Federal Bank in Los Angeles; Carver Federal Savings Bank in New York City; Citizens Savings Bank & Trust in Nashville, Tennessee; Commonwealth National Bank in Mobile, Alabama;... Read more
With the resolution of a disputed election in New York State, the House Agriculture Committee is ready for action with climate change as its top issue. “Everything will tie into climate change,” says the committee chief of staff, and the first... Read more
The ongoing battle against the COVID-19 pandemic has been brutal. There have already been over 30,500 COVID-related deaths in California. In addition to managing this crisis and developing better strategies to get vaccines out more quickly,... Read more