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The Federal Reserve has released December 2017 G.20 finance companies data on owned and managed receivables outstanding; auto loans: terms of credit; and owned and managed receivables outstanding.

The FDIC has issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the second quarter and third quarter of 2018.

Yesterday, HUD awarded nearly $5 million to six communities to help create plans to redevelop severely distressed HUD assisted housing and revitalize neighborhoods. Funded through HUD's Choice Neighborhoods Initiative, the grants will help local leaders to craft comprehensive, homegrown plans to revitalize and transform these neighborhoods.

The NMLS has posted a notice on its Resource Center that the Conference of State Bank Supervisors has reset the launch of NMLS 2.0 for the second quarter of 2019.

The FHFA Index shows that mortgage rates increased in January 2018. Nationally, interest rates on conventional purchase-money mortgages increased from December to January, according to several indices of new mortgage contracts.

• The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.12 percent for loans closed in late January, up 4 basis points from 4.08 percent in December.
• The average interest rate on all mortgage loans was 4.10 percent, up 5 basis points from 4.05 in December.
• The average interest rate on conventional, 30-year, fixed-rate mortgages of $453,100 or less was 4.19 percent. This is 2 basis points up from 4.17, the interest rate on such mortgages of $424,100 or less in December.
• The effective interest rate on all mortgage loans was 4.16 percent in January, up 7 basis points from 4.09 in December. The effective interest rate accounts for the addition of initial fees and charges over the life of the mortgage.
• The average loan amount for all loans was $298,400 in January, down $22,700 from $321,100 in December.

U.S. house prices rose 1.6 percent in the fourth quarter of 2017 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 6.7 percent from the fourth quarter of 2016 to the fourth quarter of 2017. FHFA's seasonally adjusted monthly index for December was up 0.3 percent from November. The HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.

The Federal Reserve Board has released the minutes of its interest rate meetings from January 22 and January 31, 2018.

The OCC has published the latest edition of its Community Developments Investments newsletter titled "Expanding Housing Opportunities: Single-Family Rehabilitation Financing Programs." The edition discusses how national banks and federal savings associations can help revitalize communities by establishing housing rehabilitation loan programs. The publication describes how banks can make home renovation loans in distressed areas with guidance for such programs set out in OCC Bulletin 2017-28.

The OCC has released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second and third quarters of 2018.

HUD and the Census Bureau have jointly announced January 1018 statistics for new residential sales.

• New Home Sales: Sales of new single-family houses in January 2018 were at a seasonally adjusted annual rate of 593,000. This is 7.8 percent below the revised December rate of 643,000 and 1.0 percent below the January 2017 estimate of 599,000.
• Sales Price: The median sales price of new houses sold in January 2018 was $323,000. The average sales price was $382,700.
• For Sale Inventory: The seasonally adjusted estimate of new houses for sale at the end of January was 301,000. This represents a supply of 6.1 months at the current sales rate.