Treasury Secretary Speaks at Annual Freedman’s Bank Forum

Attendees seek solutions to eliminate discrimination in banking, housing, and lending. The Department of the Treasury hosted the 2023 Freedman’s Bank Forum last week. The gathering included state…

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USDA Provides Additional Support to Farm Loan Borrowers

The new assistance program aims to bolster agricultural businesses and overcome financial challenges. The U.S. Department of Agriculture (USDA) recently announced plans to offer additional financial support to…

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USDA Seeks Public Comment Regarding Discrimination

Lending programs are the focus of desired feedback. The U.S. Department of Agriculture (USDA) opened up public comment last week, requesting input on how to best assist farmers…

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Mortgage Rates Hit 5.89 Percent

Some banks offer zero-down financing.  As the Federal Reserve attempts to curb inflation by increasing interest rates, mortgage rates continue to rise. The home lending rate is now…

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FHA Lifts Some Temporary Transaction Underwritings

Rolls back measures put in place April 2020.  On Monday, The Federal Housing Administration (FHA) announced that they would be removing temporary COVID-19 underwriting mitigants for multifamily transactions…

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Supreme Court Hears Unfair Lending Case

Court to clarify monetary restitution under the Federal Trade Commission Act.  The Supreme Court heard oral arguments in the case of AMG Capital Management, LLC v. Federal Trade…

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