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Government News

The Beige Book is published eight times per year by the Federal Reserve Bank. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its district through reports from bank and branch directors and interviews with key business contacts, economists, market experts and other sources. The Beige Book summarizes this information by dstrict and sector. An overall summary of the 12 district reports is prepared by a designated Federal Reserve Bank on a rotating basis.
>>read the latest report



OCC Reports on Mortgage Performance for Fourth Quarter of 2013

March 28 - The performance of first-lien mortgages serviced by large national and federal savings banks continued to improve in the fourth quarter of 2013, according to a report released by the... >>more


OCC Issues New Comptroller's Handbook Booklet

March 27 - The Office of the Comptroller of the Currency has issued the “Asset-Based Lending” booklet, which is new to the Comptroller’s Handbook.

The “Asset-Based Lending” booklet

provides ... >>more


Fixed Mortgage Rates Move Up

March 27 - Freddie Mac has released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates up a bit from last week, applying additional pressure for those local... >>more


FHFA Reaches $9.3 Billion Settlement With Bank of America Corp.

March 26 - The Federal Housing Finance Agency, as conservator of FannieMae and Freddie Mac, has announced it has reached a settlement in cases involving Bank of America, Countrywide Financial,... >>more


IRS Deems Bitcoin, Other Virtual Currency Treated as Property for Tax Purposes

March 26 - The Internal Revenue Service has issued a notice providing answers to frequently asked questions (FAQs) on virtual currency, such as bitcoin. These FAQs provide basic information on the... >>more


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