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HUD sets aside funding to help low-income households amid COVID-19

HUD sets aside funding to help low-income households amid COVID-19 The Department of Housing and Urban Development announced $472 million in CARES Act funding to help low-income families during the...

Aug 12, 2020
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Article
Crisis Preparedness Housing Finance/GSEs

Smaller lenders lead on PPP: SBA data

Smaller lenders lead on PPP: SBA data Lenders under $10 billion in assets have made some 2.74 million Paycheck Protection Program loans worth more than $233 billion through both rounds of funding,...

Aug 12, 2020
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Article

ICBA’s Romero Rainey to policymakers: streamline PPP forgiveness process

ICBA’s Romero Rainey to policymakers: streamline PPP forgiveness process Policymakers need to simplify the onerous forgiveness process for small businesses to ensure the Paycheck Protection Program...

Aug 11, 2020
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Article
Advocacy

ICBA to CFPB: extend GSE patch

ICBA to CFPB: extend GSE patch ICBA filed a comment letter urging the Consumer Financial Protection Bureau to extend its policy exempting Fannie Mae and Freddie Mac mortgage loans from the bureau’s...

Aug 11, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Housing Finance/GSEs