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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 September, 2022 is 7.02 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 3.02 percent. Persons affected by the maximum effective rate of interest for home loans as set forth in this notice should consult legal counsel as to the effect of the Depository Institutions Deregulation and Monetary Control Act of 1980 (P.L. 96-221 as amended by P.L. 96-399) and regulations pursuant to that Act promulgated by the Federal Home Loan Bank Board. State usury laws as they relate to certain loans made after March 31, 1980, may be preempted by this Act.

NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 9.05 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 5.05 percent as published by the Federal Reserve on August 2, 2022.

Nashville, TN— With the 2022-23 school year beginning across the state, the Tennessee Department of Education has launched the “Know More, Learn More TN” campaign to encourage all Tennessee parents and families to log in to the redesigned TCAP Family Portal for on-demand access to their student’s TCAP assessment results.

The Tennessee Department of Transportation (TDOT) and the University of Memphis (UofM) have partnered to establish the “Tennessee Delta Alliance,” a new organization supporting the communities of Lake, Dyer, Lauderdale, Tipton, and Shelby Counties. The organization will be housed in the university’s Center for Regional Economic Enrichment and will comprise a Director and an Advisory Council of residents from the five counties.

NASHVILLE, Tenn. – From July 24-29, fourteen of the nation’s best National Guard junior enlisted Soldiers and noncommissioned officers competed in an intense, six-day competition throughout Tennessee to determine who is the Army National Guard's best-of-the-best.

The Chief Elevator Inspector from the Department of Labor and Workforce Development’s Elevator Unit traveled to Gatlinburg Friday morning to investigate the Chondola Chair Lift at Anakeesta after the reported death of a passenger on Thursday, July 28, 2022.

NASHVILLE, Tenn. – Tennessee Adjutant General, Maj. Gen. Jeff Holmes, announced yesterday that five Blackhawk helicopters from the Tennessee Army National Guard are supporting state, county, and local emergency responders assisting citizens of Kentucky impacted by flash flooding.

The State Veterinarian is advising horse owners to be alert after another confirmed case of Potomac Horse Fever (PHF) in Tennessee. This week’s detection in a horse in Wayne County is in addition to two cases earlier this month in DeKalb and Rutherford Counties.

A listing of lane closures and road construction activities for 24 East Tennessee counties.

NASHVILLE – School employees on their yearly summer break were one of the factors that impacted the June 2022 county unemployment rates, according to the Department of Labor and Workforce Development (TDLWD). The latest statistics showed, as they typically do in June, jobless numbers increased in each of the state’s 95 counties.

NASHVILLE, Tenn. – June 13, 2022 – Today, the Tennessee Department of Tourist Development (TDTD) and Travel South launched the trailer for the new Tennessee Civil Rights Trail Podcast, a three-episode series where historians and experts explore the most significant events of the Movement that happened in the state during the 1950s and 1960s. The series also features real stories from Civil Rights veterans who were there and who made a difference, and it explains why what took place then is still so relevant today. The first episode is slated to debut on all streaming platforms beginning Wednesday, June 20.

The Tennessee Department of Human Services is announcing 3 new developments with the administration of the Pandemic Electronic Benefit Program (P-EBT).

Nashville – The Tennessee Department of Transportation (TDOT) is pleased to announce that SmartWay traffic information and the new TDOTFIX are now available on MyTN, the mobile app that makes it easier for Tennesseans to access state government services.

A complete list of lane closure activity due to construction or maintenance operations on state-owned roads within the 21 west Tennessee counties of TDOT Region 4.