Government

New webpage provides details on Ginnie Mae’s Environmental, Social, and Governance (ESG) strategy, with a focus on the environmental and social impacts its MBS program offers to investors.

The OCC, Treasury Department, Federal Reserve, and FDIC have jointly issued a proposal to modify large bank capital requirements to better reflect underlying risks, and increase the consistency of how banks measure their risks.

More commentary has come through focusing on the real estate market along with news that the Fed is no longer predicting a recession in the near future.

Discover the latest findings from Bureau examiners, shedding light on conduct that breaches federal regulations, specifically targeting abusive practices within consumer financial services.

The latest thing caused by remote work has created a glut of unused office space, which the Department of Housing and Urban Development wants to study further as a future residential growth option through renovation and conversion to apartments or condos.

The Federal Reserve once again raised the interest rates at its Federal Open Market Committee meeting Wednesday, reaching levels last seen in 2001.

During a recent House Financial Services Subcommittee on Financial Institutions and Monetary Policy meeting, Greg Coleman of the Office of the Comptroller of the Currency noted that “the OCC’s role is to ensure that national banks and federal savings associations understand their climate-related financial risks and develop comprehensive risk management frameworks and capabilities to identify, measure, monitor and control those risks.”

Properties in California in high probability areas for wildfires experienced much slower appreciation than other properties in safer areas.

The size of the GSE’s Green MBS issuance doubled from 2021 to 2022, reflecting market demand for green homes and environmentally focused investments.

In a first for American financial institutions, large banks must report their exposure to climate change by July 31.