Freddie Mac Clarifies Group Home Mortgage Purchase Policies
Following misunderstanding about Freddie Mac's rules for purchasing mortgages secured by group homes, the Department of Housing and Urban Development...
Newsbytes
CFPB Names New Members to Community Bank Advisory Council
The CFPB today announced the appointment of new members to its Community Bank Advisory Council.
Existing Home Sales Drop in August
Existing-home sales dropped 2.0% in August to a seasonally adjusted annual rate of 5.88 million, according to the National Association...
Treasury Announces Steps to Counter Ransomware Threat
As part of its ongoing efforts to counter the growing threat of ransomware, the Treasury Department’s Office of Foreign Assets...
Basel Committee Urges Banks to Up Their Cyber Risk Preparedness
With cyber incidents continuing to pose a threat to the financial system, the Basel Committee on Banking Supervision called on...
Housing Starts Increase in August
Housing starts were at a seasonally adjusted annual rate of 1.615 million in August, according to the U.S. Census Bureau....
ABA Highlights Industry Progress to Help Customers Securely Share Financial Data
In a statement for the record shared ahead of a House Financial Services subcommittee hearing on consumer access to personal...
Home Builder Confidence Increases in September
The National Association of Home Builders/Wells Fargo Housing Market Index increased to 76 in September. “Builder sentiment has been gradually...
ABA Data Bank: Core CPI and PPI Remain Elevated
Inflationary pressures remain present both domestically and around the globe, with core CPI, core PPI and the OECD measure of...
ABA’s Tom Greco Assists Banks’ Adoption of Banking Technology
As the COVID-19 pandemic has continued the push for more technology in banking, one of the people working to help...
