FFIEC Delays Call Report Changes After ABA Letter
The Federal Financial Institutions Examination Council announced yesterday that it will defer the implementation of the Call Report’s data collection on consumer deposits and fees to March 2014. ABA had requested a delay in the Call Report changes in a letter to the regulators on Friday. More Newsbytes
Housing Starts Fell Sharply in April
New homebuilding slowed notably in April, with the pace falling 16.5% from the previous month. The pace of new construction fell to 853,000 annual units, from over one million in March. Housing starts are now at their slowest pace since November of last year. More Economic News.