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The Federal National Mortgage Association has discontinued its free market auction system for commitments to purchase conventional home mortgages. Therefore, the Commissioner of Financial Institutions hereby announces that the maximum effective rate of interest per annum for home loans as set by the General Assembly in 1987, Public Chapter 291, for the month of October, 2020 is 5.40 percent per annum. The rate as set by the said law is an amount equal to four percentage points above the index of market yields of long-term government bonds adjusted to a thirty (30) year maturity by the U. S. Department of the Treasury. For the most recent weekly average statistical data available preceding the date of this announcement, the calculated rate is 1.40 percent.

NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on September 8, 2020.

The Tennessee Department of Agriculture (TDA) is accepting grant proposals for projects that improve water quality and reduce or eliminate nonpoint source pollution.

A woman living in Horse Cave, Kentucky is charged with TennCare fraud for allegedly reporting a Tennessee residence in order to obtain TennCare healthcare insurance benefits.

Results from the latest round of targeted testing for COVID-19 at state correctional facilities shows 80% of all inmates received negative test results.

A Lewis County woman is charged with TennCare fraud in connection with doctor shopping, which involves visiting multiple doctors in a short period of time to obtain prescription drugs.

Today the Tennessee Department of Human Services (TDHS) announced grant assistance has been awarded to 656 non-profit organizations across the state serving Tennessee communities. These grants are all provided through the new Tennessee Community CARES Program.

NASHVILLE – Today’s COVID-19 case count for Tennessee includes an increase of 645 new total cases. This is the result of a low volume of lab reports received during the Labor Day holiday weekend.

NASHVILLE, Tenn. – The Tennessee National Guard’s Infectious Disease Team is working hard to improve health procedures in at-risk facilities throughout Tennessee.

NASHVILLE – The Tennessee Department of Health is improving the format for sharing of data on COVID-19 to update how some metrics are calculated and reflect evolving knowledge of the pandemic. The new format will begin September 3, 2020 and reflect a change in how active cases are calculated and a correction in county of residence for some cases.

NASHVILLE – The Tennessee Department of Correction (TDOC) has launched another round of targeted testing for COVID-19 in all state correctional facilities. In conjunction with the Department of Health, Department of Military, Core Civic and Centurion, additional testing will be conducted out of an abundance of caution and following the recent positive test results at the South Central Correctional Facility (SCCF).

An Anderson County woman is charged with TennCare fraud for allegedly receiving benefits through the healthcare insurance program although she was not eligible.

Tennessee’s mobile app, “MyTN,” gives citizens access to many state services and information, wherever they are.

For the week ending on August 29, 2020

Tennessee New Unemployment Claims Filed for the week ending on August 29, 2020