Ask the Fed® Announces New Webinars
Ask the Fed®, a program covering the latest financial and regulatory developments for bankers and their boards of directors, consists of periodic conference call / webinars that feature Fed experts and guest speakers on top banking questions of the day, with time at the end for questions and comments. Three new webinars were recently announced.
May 23, 2024: Residential Real Estate Series, National Update. At the beginning of the year, there was growing optimism around improving housing demand. Inflation was trending downward, job growth remained persistent, home price growth had moderated, and mortgage rates had come down from recent peaks. However, midway through the peak of the 2024 home selling season, declining home ownership affordability has reemerged as a significant challenge facing the market. As both home prices and mortgage rates trend upward, buyers today are adjusting to the new reality of the cost of homeownership. In the months ahead, lenders, builders, and other market participants will continue to face challenges as they struggle to navigate the ever-changing housing market landscape. Domonic Purviance, from the Federal Reserve Bank of Atlanta, will host a webinar that addresses current housing market conditions and future risks and expectations over the next year.
May 29, 2024: 2024 CRE: Turbulence Ahead? Will 2024 Commercial Real Estate (CRE) weather the storm, or is it just under the weather? CRE continues to benefit from a healthy economy, including robust job growth, strong consumer spending, and available credit. But the industry is also beset by a challenging interest rate climate, appraisal issues, oversupply, falling rental rates, and increasing expenses. Additionally, increasing CRE delinquency rates and loan losses are presenting challenges to some financial institutions. Brian Bailey CRE, CCIM, will discuss trends and emerging risks in the CRE and CRE finance industries.
June 4, 2024: FedNow® Services Update: Erik VanBramer, Vice President FRFS Customer Relations, will provide an update on the industry progress with the FedNow Service. The conversation will provide progress updates, interesting use cases that are developing in the market, and a roadmap towards the future of instant payments.
Registration is open at www.askthefed.org under the “All Calls” tab.
