NCRC

American Banker, August 9, 2024, Bank Buyers Ramp Up In July, Raise Expectations For More M&A Measured by deal value, five of the 20 largest deals so far this year were announced in July, including Tupelo, Mississippi-based Renasant Corp.’s $1.2 billion, all-stock bid for in-state peer The First Bancshares in Hattiesburg. It was the third-biggest […]

Los Angeles Times, August 12, 2024, 4.4 Earthquake Was Centered On Notorious L.A. Fault System Seismologist Lucy Jones, a Caltech research associate, said the earthquake, centered in the Eastside neighborhood of El Sereno, occurred on the Puente Hills thrust fault system. It’s the same overall fault network that produced the 1987 Whittier Narrows magnitude 5.9

CityLab Housing, August 13, 2024, Biden Invests $100 Million To Fuel Housing Construction The White House is announcing $100 million in grants to state and local governments to spur the construction of new housing, one of a host of new administrative actions to boost housing supply. The Biden administration has witnessed record levels of housing

Wall Street Journal, August 13, 2024, Hospitals’ New Push: Treating Patients in Their Homes In a suburb just outside Boston, Herbert Irvine sat in his recliner on a July morning as he got a visit from paramedic Elizabeth Kinch. She wasn’t there responding to a 911 call, but instead to provide at-home care. His prognosis

Baltimore Banner, August 26, 2024, Cumberland Wants To Pay You $20,000 To Move To The Mountains Nestled in the mountains of Western Maryland, the small town of Cumberland has been having an unexpected revival as remote workers move in and it upgrades its historic downtown. To keep the momentum going, the city launched a pilot

CNN Business, August 18, 2024, Burned And Uninsured: Wildfires Are Leaving California’s Housing Market In Trouble Since 2015, the California Department of Insurance has kept a record of the number of renewed and canceled policies in the state’s high fire-risk areas, which make up more than a quarter of the state. They recorded an increase

Brookings, August 8, 2024, How To Fix Federal Home Loan Banks The world has changed a lot since 1932. Today, banks and thrifts are functionally the same, and both are eligible for support from the Fed and FHLBanks. The range of collateral that banks, thrifts, and other member financial institutions can post to access financing

NPR, August 16, 2024, Harris Wants To Give Families A Big Tax Break For A New Baby The child tax credit is both popular with voters and effective at cutting child poverty rates. But, expanding the program also would be expensive. “It would be very costly. The current child tax credit costs something like $100

Essence, August 13, 2024, Environmental Protection Agency Launches Historic Partnership With HBCUs Black communities have long been victims of environmental racism, from the contaminated water crises in Flint, Newark and Jackson, to the noxious fumes from truck depots and factories disproportionately located in our neighborhoods, leading to high asthma rates. So the Environmental Protection Agency’s

World Resources Institute, August 14, 2024, Banks Have Committed To Net Zero But Aren’t On Track To Reach It Banks themselves don’t produce a lot of direct greenhouse gas (GHG) emissions. But they do wield the power of financing. By prioritizing lending toward climate solutions and phasing out harmful financing, such as for fossil fuel

USA Today, August 13, 2024, Voucher Program Is Supposed To Help Poor Families Rent A Home. Nearly Half The Time, It Fails. The U.S. Department of Housing and Urban Development, which oversees the voucher program, does not require that the thousands of local authorities around the country who administer the vouchers track or improve these

WLKY, August 13, 2024, New Initiative Addressing Racial Equity Gap In Funding For Louisville Nonprofits Smaller organizations, many minority and BIPOC-led, tend to have lower budgets and in turn receive little to no funding from several sources, including government. This raises equity questions for some. “I’m out here doing the work and I can’t get

PYMNTS, August 19, 2024, Regional Banks Pursue Mergers And Acquisitions To Enhance Competitiveness More than two-thirds of the banks in the KBW Regional Banking Index have a greater than 50% chance of being acquired within the next 12 months, the report said, pointing to a Reuters analysis of LSEG’s StarMine M&A data. This surge in

Morning Journal, August 19, 2024, Anthem, Lorain Metropolitan Housing Authority Launch Onsite Wellness Programs For Residents These Anthem-sponsored programs, which launch Sept. 1, are designed to promote healthy habits and foster social connections among residents of these public housing communities, the release said. Participants in the Anthem International Plaza Wellness Program and the Anthem Harr

Boston Globe, August 20, 2024, State’s Steward Exit Plan Is No Sure Thing, As Landowners, Creditors Push Back In bankruptcy court filings, meanwhile, disputes between bankrupt Steward and some of its top creditors over how to divvy up proceeds from the Massachusetts hospital sales threw up new roadblocks to the transactions, which were on track