By ISAIAS PACHECO Leaders at the Office of the Comptroller of the Currency have released their annual update to the Bank Accounting Advisory Series. The link can be found here. The Office of the Comptroller of the Currency is an independent bureau of the U.S. Department of the Treasury. The OCC charters, regulates, and supervises…
By ISAIAS PACHECO Leaders at Bank of America announced this week that they have partnered with Liberty Science Center’s SciTech Scity to launch a pilot program that promises to improve the future of high school education. Two New Jersey high schools, James J. Ferris High School in Jersey City and Memorial High School in West…
By ISAIAS PACHECO The Mortgage Bankers Association weekly mortgage application survey has recorded an increase of 0.2% for the week of August 5. On an unadjusted basis, the index decreased 0.3% compared with the previous week. Joel Kan, MBA’s Associate Vice President of Economic and Industry Forecasting said mortgage rates remained volatile last week –…
By ISAIAS PACHECO Information about the AEI Housing Market Indicator for the month of July was recapped during a recent meeting. Leaders at the organization went over their new Month-over-Month constant quality home price appreciation graphic, which shows that many of the largest Metros, especially western Metros, have begun experiencing negative M-O-M HPA. The overall…
By ISAIAS PACHECO A Boys and Girls Club in New Hampshire has received $15,000 from BankProv to support their transportation services. The club in Manchester has transportation provided throughout the year for after-school pickup, educational field trips, and their newly remodeled summer camp located in Bedford, NH. Senior Vice President and Director of SME Lending…
By ISAIAS PACHECO The home purchase settlement index decreased by two points in July, according to Fannie Mae. This is the lowest level since 2011, and the HSPI has been declining steadily which is making consumers concerned. They are not buying or selling, experts say. Doug Duncan, Senior Vice President and Chief Economist, said in…
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