The FDIC released guidance today with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Kentucky, West Virginia and Iowa affected by severe storms. The agency encouraged banks in affected areas to work constructively with borrowers experiencing difficulties due to severe weather, including extending repayment terms, restructuring existing loans or easing terms for new loans. The agency also said it would consider relief from certain filing and publishing requirements.
ABA DataBank: Halloween spending has been growing
Halloween spending was projected to be a little scary this year at $11.6 billion, according to the National Retail Federation. In real terms, this is not as sweet as last year, down 7.2%, with children of all sizes...