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FHFA Releases 1st Quarter 2023 Foreclosure Prevention and Refinance Report

FHFA has released its first quarter 2023 Foreclosure Prevention and Refinance Report, showing the Enterprises completed more than 58,000 foreclosure prevention actions.

23 Jun 2023

HUD Introduces Office of Manufactured Housing Programs as New, Independent Office within Housing

HUD announced that it has created a new Office of Manufactured Housing Programs as an independent office reporting to Assistant Secretary Julia Gordon.

22 Jun 2023

HUD Awards more than $14.4 Million in Housing Counseling Grants

HUD’s Office of Housing Counseling has awarded more than $14 million in housing counseling grant funding to 180 housing counseling organizations.

21 Jun 2023

Share of Mortgage Loans in Forbearance Decreases to .49% in May

The MBA monthly Loan Monitoring Survey revealed the total number of loans now in forbearance decreased to .49% as of May 31, 2023.

20 Jun 2023

Milwaukee Public-Philanthropic Housing Partnership Recognized Nationally

The Milwaukee Community Development Alliance has been awarded the 2023 HUD Secretary’s Award for Public-Philanthropic Partnerships.

16 Jun 2023

Akron Selects 40 Vacant Properties for 2023 Mow to Own Program

Akron City Council approved an additional 40 vacant lots for the Mow to Own program in the city last week.

15 Jun 2023

The CFPB Intends to Identify Ways to Simplify and Streamline the Existing Mortgage Servicing Rules

The CFPB intends to identify ways to simplify and streamline the existing mortgage servicing rules as they play a critical role in assisting homeowners with repayment.

15 Jun 2023

FHA Launches New Resources to Remove Language Barriers for Borrowers

The Federal Housing Administration (FHA) is making available in Chinese, Korean, Spanish, Tagalog, and Vietnamese more than 30 single family mortgage documents and related resources used in the origination of FHA-insured mortgages.

13 Jun 2023

House Members Introduce ‘Neighborhood Homes Investment Act’ to Expand Affordable Homeownership Opportunities

Representatives from PA and NY introduced legislation to create a new tax incentive that would produce 500,000 starter homes in underserved communities.

9 Jun 2023

U.S. Foreclosure Activity Sees Spike in May 2023

ATTOM, a leading curator of land, property, and real estate data, today released its May 2023 U.S. Foreclosure Market Report, which shows there were a total of 35,196 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 7 percent from a month ago and up 14 percent from a year ago.

8 Jun 2023

Freddie Mac Adds Affordable Housing Program for Native Americans

Freddie Mac launched a new mortgage product titled HeritageOne to support members of Native American communities.

8 Jun 2023

City, County Weigh Land Bank Proposal

Tifton and Tift County are joining together to find a solution to tackling vacant, abandoned properties in the Tift area.

5 Jun 2023

FEMA Major Disaster Declaration – Commonwealth of the Northern Mariana Islands Typhoon Mawar

FEMA has issued a Major Disaster Declaration for the Commonwealth of the Northern Mariana Islands for areas affected by Typhoon Mawar beginning May 22, 2023 and continuing.

2 Jun 2023

FHA Proposes Innovative Approach to Keep Struggling Homeowners in their Homes

FHA announced a proposal for a new home retention option to help struggling homeowners meet their mortgage obligations.

31 May 2023

What Can Fort Worth Learn from Other Land Banks Across the Country?

The city of Fort Worth is considering creating a land bank in an effort to address the need for more affordable housing.

30 May 2023

PA House Panel Approves Blight-Fighting Bill, Heads to Floor

Legislation that would help communities across Pennsylvania fight flight is headed for the House floor.

27 May 2023

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