The Treasury Department’s Community Development Financial Institutions Fund is announcing $23 million in funding for the fiscal year 2017 Bank Enterprise Awards, which encourage banks to increase their investments and loans in disadvantaged communities. The BEA program is the only program to which CDFI banks have had regular access in recent years. The first deadline in the application process for BEA funds is Nov. 16 and the final application deadline is Nov. 30.
ABA DataBank: Pending home sales index beats expectations
The March increase in pending home sales is reflective of increased inventory and pent up demand despite higher mortgage rates.









