As banks across the country mark American Housing Month in June, the ABA Banking Journal Podcast sat down with Michael Petrie, who leads the $4 billion Merchants Bancorp in Carmel, Ind. — one of the nation’s largest affordable housing lenders.
In observance of American Housing Month in June, the ABA Foundation today released an infographic that examines affordable housing challenges consumers face and highlights how the nation’s banks are working to ease the burden on consumers.
Christie Obenauer’s family-owned bank had a problem. Based in a rural county in western North Dakota, her community had been dealing with the prospect of population decline, but then the North Dakota energy boom brought an influx of newcomers. “It’s a wonderful problem to have.”
Bank investments in housing and broader community development can lead to improved health outcomes in communities.
In remarks at the American Bankers Association Washington Summit today, House Financial Services Committee Chairwoman Maxine Waters (D-Calif.) previewed several policy initiatives that the committee will pursue under her leadership, including housing reform, cannabis and Bank Secrecy Act/anti-money laundering reform.
Sen. Mike Crapo (R-Idaho) today outlined his plan for overhauling the housing finance system.
Is your bank leaving FHLB resources on the table?
The Federal Housing Finance Agency today finalized a proposal making changes to the Federal Home Loan Bank Affordable Housing Program
The latest episode of the ABA Banking Journal Podcast features interviews with the winners of ABA’s 2018 Community Commitment Awards.