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City Council Approves Vacant-Building Ordinance: Owners of Empty Buildings Must Provide Plans or Face Fines

The Bakersfield City Council has approved a vacant nuisance registry ordinance that requires owners of unused, empty buildings to register with the city.

15 Feb 2024

FEMA Major Disaster Declaration – Washington Wildfires

FEMA has issued a Major Disaster Declaration for the state of Washington in areas affected by wildfires from August 18-25, 2023.

15 Feb 2024

FEMA Major Disaster Declaration – North Dakota Severe Winter Storm and Straight-line Winds

FEMA has issued a Major Disaster Declaration for the state of North Dakota in areas affected by a severe winter storm and straight-line winds from Dec. 25-27, 2023.

15 Feb 2024

U.S. Foreclosure Activity Sees Notable Increase in January 2024

ATTOM has released its January 2024 U.S. Foreclosure Market Report, showing foreclosure filings up 5% from a year ago.

13 Feb 2024

Fannie Mae Recognizes 32 High-Performing Mortgage Servicers

Fannie Mae announced its 2023 STAR Program results, recognizing 32 mortgage servicers for competency, capacity and overall performance.

12 Feb 2024

FEMA Major Disaster Declaration – Michigan Severe Storms, Tornadoes, and Flooding

FEMA has issued a Major Disaster Declaration for the state of Michigan in areas affected by severe storms, tornadoes and flooding from Aug. 24-26, 2023.

8 Feb 2024

Mortgage Delinquencies Increase in the Fourth Quarter of 2023

The Mortgage Bankers Association reports the mortgage delinquency rate increased to 3.88% of all loans in the fourth quarter of 2023.

8 Feb 2024

FHFA Unveils 2024 Scorecard for Fannie Mae, Freddie Mac

FHFA recently released its 2024 Scorecard, outlining strategic objectives for Fannie Mae, Freddie Mac and their joint venture, CSS.

6 Feb 2024

FEMA Major Disaster Declaration – Maine Severe Storms and Flooding

FEMA has issued a Major Disaster Declaration for the state of Maine in areas affected by a severe storm and flooding from Dec. 17-21, 2023.

30 Jan 2024

FEMA Major Disaster Declaration – West Virginia Severe Storms, Flooding, Landslides and Mudslides

FEMA has issued a Major Disaster Declaration for the state of West Virginia in areas affected by severe storms, flooding, landslides and mudslides from Aug. 28-30, 2023.

30 Jan 2024

FEMA Major Disaster Declaration – New York Severe Storm and Flooding

FEMA has issued a Major Disaster Declaration for the state of New York in areas affected by a severe storm and flooding from Sept. 28-30, 2023.

30 Jan 2024

Fannie and Freddie: Single Family Serious Delinquency Rate Increased Slightly, Multi-family Unchanged in December

Fannie Mae and Freddie Mac single-family delinquencies increased slightly in December while multi-family delinquencies remained unchanged.

30 Jan 2024

Cleveland’s Crackdown on Blight Might Hit Snag with Controversial Proposal

A plan aimed at improving Cleveland’s housing stock through a major overhaul of code enforcement was largely praised by City Council this week.

26 Jan 2024

ICE Report: December 2023 Delinquency Rate Hits 3.57%

In December 2023, the national delinquency rate experienced a slight increase, reaching 3.57% according to the ICE mortgage performance report.

24 Jan 2024

National Property Preservation Conference Returned to Washington, D.C.

The National Property Preservation Conference (NPPC) returned to Washington, DC for the 19th year this past November.

22 Jan 2024

Share of Mortgage Loans in Forbearance Decreases to .23% in December

MBA’s monthly Loan Monitoring Survey revealed the total number of loans in forbearance decreased to .23% as of December 31, 2023.

22 Jan 2024

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