Catching up on the federal announcements

Yes, it's Veterans' Day, which means no Federal Register fix until Monday (sob). However, have no fear, we've still got regulatory tidbits to spare.

To begin with, a nice catch by the good folks at NH&RA: the CDFI Fund has issued a new version of its allocation agreement template for the New Markets Tax Credit. Go to the NH&RA site and scroll nearly all the way down the front page for a detailed analysis of the changes.

- The National Community Reinvestment Coalition recently argued before Congress that it's unfair to exempt credit unions from the kinds of requirements to serve disadvantaged areas that banks and thrifts must meet under the Community Reinvestment Act.

- You probably saw already that Freddie Mac restated its profits this past week. Down by $220 million.

- New errors reported at Fannie Mae yesterday.

- HUD has issued a final rule governing the public release of mortgage data from Fannie and Freddie. [MORE: MarketWatch today on same.][YET MORE: HUD press release on same.]

- HUD announces $18.8 million in second-round HOPWA grants yesterday.