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Treasury Department and Federal Housing Finance Agency Amend Preferred Stock Purchase Agreements for Fannie Mae and Freddie Mac
January 2, 2025 / Source: Treasury
WASHINGTON – The U.S. Department of the Treasury (Treasury) and the Federal Housing Finance Agency (FHFA) today announced an agreement to amend the Preferred Stock Purchase Agreements (PSPAs) between Treasury and each of Fannie Mae and Freddie Mac (the GSEs) to help ensure that the eventual release of the GSEs from conservatorship will be orderly…
OCC Releases CRA Performance Evaluations for 16 National Banks and Federal Savings Associations
January 2, 2025 / Source: OCC
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of December 1, 2024, through December 31, 2024. Under the CRA, the OCC assesses an institution’s record of meeting the credit needs of its entire community, including low- and…
Protecting you from unlawful debt collection at work
January 2, 2025 / Source: CFPB
Dealing with debt collection can be a source of significant stress for many people trying to navigate an already challenging financial landscape. Unscrupulous companies may use aggressive tactics to collect debts, including contacting people in the workplace, which can be illegal. This can threaten your employment or put pressure on you to pay debts even…