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TBA News & Headlines

FHA Insurance Fund Returns to Mandated Reserve Level

The Federal Housing Administration said yesterday that the capital ratio for its mortgage insurance fund has reached 2.07 percent -- the first time since 2008 that the fund has reached the congressionally mandated 2 percent level.

FASB Finalizes 'Market to Market' Accounting

The Financial Accounting Standards Board on Wednesday gave final approval to an accounting standard that is limited in its requirement for mark to market accounting. The final standard, "classification and measurement," becomes effective in 2018.

House Strips Fed Dividend Cutbacks from Highway Funding Bill

The House yesterday voted 371-54 to approve a long-term highway funding bill. The House overwhelmingly approved measures that would remove controversial funding methods from the bill.

FFIEC Warns of Increased Threat from Extortion-Related Cyber Attacks

These attacks employ tactics such as ransomware, denial of service and theft of sensitive business and customer information to extort payments or other concessions from victims.