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Wake County Board Approves $35 Million for Affordable Housing
The Wake County, NC board unanimously voted to appropriate $35 million from the county’s existing American Rescue Act Plan to address housing instability.
21 Nov 2022
FEMA Major Disaster Declaration – South Carolina Hurricane Ian
FEMA has issued a Major Disaster Declaration for the state of South Carolina affected by Hurricane Ian from September 25 to October 4, 2022.
21 Nov 2022
FEMA Emergency Declaration – New York Severe Winter Storm and Snowstorm
FEMA has issued an Emergency Declaration for the state of New York in areas affected by a severe winter storm and snowstorm beginning November 18, 2022 and continuing.
20 Nov 2022
Intend Indiana Unveil New Homes as Part of HomePower Initiative
Intend Indiana is trying to bring new life to Martindale-Brightwood neighborhoods through its affordable housing HomePower initiative.
17 Nov 2022
Fannie Mae Launches New Single-Family Social Disclosures
Fannie Mae launched new social disclosures, the Social Criteria Share and the Social Density Score, for its Single-Family mortgage-backed securities.
16 Nov 2022
FHA Annual Report Showcases Continued Leadership in Affordable Home Financing
FHA released its Annual Report to Congress, highlighting its significant role in supporting affordable mortgage financing.
15 Nov 2022
$1 Million in Federal Relief to Fund Clark County Affordable Housing
An affordable housing project geared toward first-time homebuyers in Clark County is getting a kickstart from the American Rescue Plan Act funding.
14 Nov 2022
Nicole Weakens to a Tropical Storm After Striking Florida’s East Coast as the First U.S. Hurricane in November in Nearly 40 Years
Nicole has weakened to a tropical storm after striking Florida’s east coast as the first hurricane to hit the U.S. in November in nearly 40 years.
10 Nov 2022
Mortgage Delinquencies Decrease to New Survey Low in Third Quarter
The Mortgage Bankers Association National Delinquency Survey reported the delinquency rate decreased to 3.45% in the third quarter of 2022.
10 Nov 2022
FHFA Announces 2023 Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac
FHFA announced that 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $75 billion for each enterprise to support the multifamily market.
10 Nov 2022
FEMA Emergency Declaration – Florida Tropical Storm Nicole – Seminole Tribe of Florida
FEMA has issued an Emergency Declaration for the Seminole Tribe of Florida in areas affected by Tropical Storm Nicole beginning November 7, 2022 and continuing.
9 Nov 2022
October 2022 U.S. Foreclosure Activity Increases 57% from October 2021
ATTOM released its October 2022 U.S. Foreclosure Market Report, which shows foreclosure filings were up 57% from one year ago, and 2% from the prior month.
9 Nov 2022
Law Students Help Fight Against Blight in Memphis Neighborhoods
The University of Memphis School of Law has filed 25 new lawsuits aimed at holding owners of vacant and neglected properties accountable their condition.
9 Nov 2022
Hurricane Warning Issued In Florida as Nicole becomes Tropical Storm
Tropical Storm Nicole is forecast to make landfall in Florida as a hurricane or a strong tropical storm, but its impacts including prolonged coastal flooding, beach erosion, strong winds, high surf, rip currents and heavy rain will encompass a much larger area of the Southeast.
8 Nov 2022
FEMA Emergency Declaration – Florida Tropical Storm Nicole
FEMA has issued an Emergency Declaration for the state of Florida to supplement state, tribal and local response efforts due to emergency conditions resulting from Tropical Storm Nicole beginning November 7, 2022 and continuing.
8 Nov 2022
Industry Veteran Ravi Shankar Appointed Head of Freddie Mac’s Single-Family Portfolio & Servicing Division
Freddie Mac announced that industry veteran Ravi Shankar has joined the company as senior vice president and head of Single-Family Portfolio and Servicing.
7 Nov 2022