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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 January, 2024 is 8.49 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 4.49 percent.

NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 12.50 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 8.50 percent as published by the Federal Reserve on December 4, 2023.

The Tennessee Department of Safety and Homeland Security's (TDOSHS) Driver Services division is partnering with Donate Life Tennessee, Tennessee Donor Services and Mid-South Transplant Foundation for the Keeping Tummies and Hearts Full of Love Winter Food Drive.

TDMHSAS is excited to announce the appointment of James Harper as Director of Faith-Based Initiatives. The new role is a promotion for Harper who has served as Assistant Director for almost two years.

Tennessee’s Christmas tree farms are a winter wonderland that offer more than just real trees. Many farms have a vast selection of wreaths and other holiday décor made from local greenery as well as an experience the whole family can enjoy.

Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Sparta Metal Processing LLC officials announced today the company will invest $12.3 million to expand its metal remanufacturing operations in the Upper Cumberland.

NASHVILLE, Tenn. – Today, Tennessee Governor Bill Lee presented the Education Freedom Scholarship Act of 2024, his administration’s legislative proposal to establish statewide universal school choice, alongside members of the General Assembly, Tennessee families and education stakeholders. This legislation aims to provide every Tennessee parent with the opportunity to choose the right education for their child, while prioritizing families with the greatest need.

NASHVILLE – For more than two decades, state and local public safety officials, along with families of homicide victims, have gathered to honor and remember victims and survivors of homicide during the holiday season. This year will mark the state’s 21st annual “Tennessee Season to Remember”, which will be held at 5:30 p.m. (CST) on Thursday, December 7 at First Baptist Church in downtown Nashville.

NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 12.50 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 8.50 percent as published by the Federal Reserve on November 27, 2023.

– Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Axle Logistics, LLC officials announced today the company will invest $37.9 million to expand logistics operations at its Knoxville headquarters.

NASHVILLE – Unemployment rates in most Tennessee counties remained below 5% in October, according to newly released county data from the Department of Labor and Workforce Development (TDLWD).

The Tennessee Departments of Health, Mental Health and Substance Abuse Services, Safety & Homeland Security, and the Tennessee Alcoholic Beverage Commission (TABC) are partnering on a public health and safety campaign, “DON’T LET ALCOHOL RUIN THE HOLIDAYS,” to educate Tennesseans about the dangers of excessive alcohol use and promote safe alcohol practices.