Thursday - March 23, 2017
Federal Independent Agencies

News releases, reports, statements and associated documents from federal independent agencies.

Featured Stories

SBA Offers Disaster Assistance to California Businesses and Residents Affected by Severe Storms and Flooding
SACRAMENTO, Calif., March 21 -- The Small Business Administration's Office of Disaster Assistance issued the following news release:

Low-interest federal disaster loans are available to California businesses and residents affected by severe storms and flooding that occurred Feb. 1-25, 2017, U.S. Small Business Administration's Administrator Linda McMahon announced today. SBA acted under its own authority to declare a disaster in response to a request SBA received from Gov. Edmund G. Brown, Jr.'s designated representative, Mark S. Ghilarducci, director of the Governor's Office of Emergency Services, ... Show Full Article

SBA Amends Disaster Declaration; Disaster Assistance Now Available to Private Nonprofit Organizations in Blaine County
SACRAMENTO, Calif., March 21 -- The Small Business Administration's Office of Disaster Assistance issued the following news release:

Low-interest federal disaster loans are now available to certain private nonprofit organizations in Blaine County following the amendment to President Trump's Feb. 10, 2017, major disaster declaration for Public Assistance as a result of a severe winter storm that occurred Jan. 13-16, 2017, announced Administrator Linda McMahon of the U.S. Small Business Administration. Private nonprofits that provide essential services of a governmental nature are eligible for ... Show Full Article

NAM Releases Publication on How to Improve Nation's Health System
WASHINGTON, March 21 -- The National Academies of Sciences, Engineering and Medicine issued the following news release:

As the nation discusses repealing and replacing the Affordable Care Act, the National Academy of Medicine today released a publication on crosscutting priorities that provides a succinct blueprint to address challenges to Americans' health and health care that span beyond debates over insurance coverage. The paper is part of the NAM's Vital Directions for Health and Health Care Initiative (https://nam.edu/initiatives/vital-directions-for-health-and-health-care/), which conducted ... Show Full Article

Federal Home Loan Bank of Atlanta Announces New Advisory Council Member
ATLANTA, March 21 -- The Federal Home Loan Bank of Atlanta, a district bank in the Federal Home Loan Bank System, issued the following news release:

Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed Felicia Watkins-Jackson as its newest member of the Affordable Housing Advisory Council.

Felicia Watkins-Jackson is the executive director of the Alabama Rural Coalition for the Homeless, Inc. (ARCH). Mrs. Jackson has deep expertise in the HUD Continuum of Care process, FEMA Disaster Case Management, affordable housing and community development, as well ... Show Full Article

Fannie Mae Prices $1.03 Billion Multifamily DUS REMIC Under Its GeMS Program
WASHINGTON, March 21 -- Fannie Mae issued the following corporate news release:

Fannie Mae (FNMA/OTC) priced its third Multifamily DUS(R) REMIC in 2017 totaling $1.03 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on March 16, 2017.

"Investors had to contend with a snowstorm, a Fed rate hike, and their basketball brackets this week." said Josh Seiff, Fannie Mae's Vice President of Capital Markets and Trading. "We were pleased that more than 30 firms still found time to place orders on this deal, which featured about $200 million in 7-year collateral ... Show Full Article

Breaks Observed in Rover Wheel Treads
PASADENA, Calif., March 21 -- NASA's Jet Propulsion Laboratory issued the following news:

A routine check of the aluminum wheels on NASA's Curiosity Mars rover has found two small breaks on the rover's left middle wheel-the latest sign of wear and tear as the rover continues its journey, now approaching the 10-mile (16 kilometer) mark.

The mission's first and second breaks in raised treads, called grousers, appeared in a March 19 image check of the wheels, documenting that these breaks occurred after the last check, on Jan. 27.

"All six wheels have more than enough working lifespan remaining ... Show Full Article

Boston Fed President Assesses the Role of Real Estate Values in Financial Stability
BOSTON, March 21 -- The Federal Reserve Bank of Boston issued the following news release:

Real estate has played an important role in past periods of financial instability, Boston Fed President Eric Rosengren said today at a conference on banking supervision.

Because many financial intermediaries lend to households and businesses with real estate as the collateral, recessions that are accompanied by significant declines in real estate valuations can lead to broader problems, Rosengren said.

"In the United States the two most significant recent periods of financial instability were accompanied ... Show Full Article