CRA Newswire

FHFA: Q4 2023 Uniform Appraisal Dataset Aggregate Statistics with New Variables Released

The Federal Housing Finance Agency (FHFA) today published its 2023 fourth-quarter data for the Uniform Appraisal Dataset (UAD) Aggregate Statistics. The Data File and Dashboards also include new property characteristics and a new statistic. “As FHFA works to deter appraisal bias, responsibly modernize the appraisal process, and address valuation challenges in rural areas, today’s dataset…

FEMA: President Biden Approves Major Disaster Declaration for Rhode Island for December 2023

FEMA announced that federal disaster assistance has been made available to the state of Rhode Island to supplement recovery efforts in the areas affected by a severe storm and flooding on Dec. 17-19, 2023.  The president’s action makes federal funding available to affected individuals in Kent, Providence and Washington counties.  Federal funding is also available on a…

FEMA: President Biden Approves Major Disaster Declaration for Rhode Island for January 2024

FEMA announced that federal disaster assistance has been made available to the state of Rhode Island to supplement recovery efforts in the areas affected by severe storms and flooding on Jan. 9-13, 2024.  The president’s action makes federal funding available to affected individuals in Kent, Providence and Washington counties.  Federal funding is also available on a cost-sharing…

FEMA: President Biden Approves Major Disaster Declaration for Maine

FEMA announced that federal disaster assistance has been made available to the state of Maine to supplement recovery efforts in the areas affected by severe storms and flooding on Jan. 9-13, 2024.  The president’s action makes federal funding available to affected individuals in Cumberland, Hancock, Knox, Lincoln, Sagadahoc, Waldo, Washington and York counties.  Federal funding also is…

Census Bureau: Household Pulse Survey Phase 4.0 Monthly Data Released

The U.S. Census Bureau today released new data from phase 4.0 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to measure how emergent issues are impacting U.S. households from a social and economic perspective. Topics for phase 4.0 include employment status, spending, food security, housing,…

HUD: First-of-its-Kind Report to Congress on the Housing Needs of Survivors of Human Trafficking Released

Department provides assessment of housing needs for trafficking survivors experiencing homelessness or housing instability Today, the U.S. Department of Housing and Urban Development (HUD) released a report that assesses the availability and accessibility of housing and services for individuals experiencing homelessness or housing instability who are survivors of trafficking or at risk of being trafficked….

FDIC: Public Comment Sought on Proposed Revisions to FDIC Statement of Policy on Bank Merger Transactions

The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a Federal Register notice seeking public comment on proposed revisions to the agency’s Statement of Policy (revised SOP) on Bank Merger Transactions. “This proposed Statement of Policy would update, strengthen, and clarify the FDIC’s approach to evaluating mergers under the Bank Merger Act,” said Chairman Martin…

Agencies Extend Applicability Date of Certain Provision of the CRA Final Rule

Federal bank regulatory agencies today jointly issued an interim final rule that extends the applicability date of certain provisions in their Community Reinvestment Act (CRA) final rule issued in October 2023. The agencies also requested comment on the extension. To promote clarity and consistency, the agencies extended the applicability date of the facility-based assessment areas…

ABA: Report Finds Farm Bank Lending Increased to $110 Billion in 2023

Banks reported holding over 1.1 million small farm loans worth $70 billion Amid elevated production costs, commodity price volatility and a return to pre-pandemic levels of direct government payments, agricultural loan demand increased in 2023 and agricultural lending by U.S. farm banks grew 6.7% to $110.0 billion, according the American Bankers Association’s annual Farm Bank…

FHFA: 2024 Generative AI in Housing Finance TechSpring Announced

The Federal Housing Finance Agency (FHFA) today announced its second TechSprint, an in-person team-based problem-solving event hosted by its Office of Financial Technology. FHFA’s Generative Artificial Intelligence (AI) in Housing Finance TechSprint will bring together technology, regulatory, housing, and consumer finance experts to identify use cases (or specific scenarios) and associated control measures to support…