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Bennett Jones LLP

Government of Canada Doubles Funding for Federal Indigenous Loan Guarantee Program

Bennett Jones LLP on

On March 21, 2025, Prime Minister Carney announced important changes to the federal Indigenous Loan Guarantee Program (Program). The Government of Canada doubled funding for the Program from C$5billion to C$10 billion and...more

Ballard Spahr LLP

VA Winding Down VASP Program

Ballard Spahr LLP on

As previously reported, last year the U.S. Department of Veterans Affairs (VA) launched a Veterans Affairs Servicing Purchase (VASP) program, which VA characterized as a “last-resort tool” for VA home loan borrowers facing...more

Sheppard Mullin Richter & Hampton LLP

Treasury Confirms All CDFI Fund Programs Are Backed by Law Amid Executive Order Review

On March 21, the U.S. Department of the Treasury submitted a report to the Office of Management and Budget affirming that all 11 programs administered by the Community Development Financial Institutions (CDFI) Fund are...more

Orrick, Herrington & Sutcliffe LLP

Congressional Financial Services Committee members pen letter to CFPB requesting explanation for a $0 funding request

On February 11, the ranking members from both the House Committee on Financial Services and the House Subcommittee on Financial Institutions sent a letter to CFPB Acting Director Russell Vought expressing concerns regarding...more

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