An aggressive industry campaign against a Biden administration proposal to report bank account information to the Internal Revenue Service continued on Thursday as more than 100 trade groups and other organizations sent a joint letter to congressional leaders voicing opposition to the proposal.
The Federal Housing Finance Agency (FHFA) and the Department of the Treasury agreed last week to reinstate the $3 billion capital reserve each for both Fannie Mae and Freddie Mac.
Fitchburg-based Workers Credit Union and Pittsfield-based Greylock Federal Credit Union were among eight organizations in Massachusetts to receive money awards from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund.
