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Freddie Mac Promotes Longtime Exec to Lead Multifamily Unit
Freddie Mac announced it has promoted company veteran Kevin Palmer to head its Multifamily business beginning May 9.
3 May 2022
Home Affordability is Nearly the Worst on Record as Mortgage Rates Spike
Mortgage rates just hit their highest level since 2009, and home prices are continuing to experience double-digit gains. Now, nearly all of the major housing markets in the United States are less affordable than they have been historically, and affordability is near its worst point on record.
2 May 2022
FEMA Fire Management Assistance Declaration – New Mexico Calf Canyon Fire
FEMA has issued a Fire Management Assistance Declaration for areas of New Mexico affected by the Calf Canyon Fire on April 20, 2022.
30 Apr 2022
HSBC Beats RMBS Trustee Suit on Champerty Grounds
A long-running lawsuit accusing HSBC’s U.S. arm of failing to protect investors in pre-2008 residential mortgage-backed securitization trusts that it oversaw has become the latest such case against a bank to founder in New York federal court on champerty grounds.
29 Apr 2022
FEMA Fire Management Assistance Declaration – New Mexico Cook’s Peak Fire
FEMA has issued a Fire Management Assistance Declaration for areas of New Mexico affected by the Cook’s Peak Fire on April 28, 2022.
28 Apr 2022
Freddie Mac Statement on 2022-2024 Duty to Serve Plan
Freddie Mac released a statement in support of the Federal Housing Finance Agency’s Duty to Serve (DTS) Plan announcement. The DTS Program sets an ambitious agenda for serving the manufactured housing, rural housing and affordable housing preservation markets.
27 Apr 2022
Schenectady Awarded for Work Combating Urban Blight
Schenectady has won national recognition for it’s CODE Program, which works to mitigate urban blight by sharing info about abandoned homes and problem property owners.
26 Apr 2022
City of Cape Working on Plans to Demolish Unsafe Buildings
Cape Girardeau officials want to make the city a bit safer by demolishing unsafe, abandoned, and structurally unsafe buildings.
26 Apr 2022
Franklin County Officials Eye Land Bank to Address Vacant Housing
The Franklin County Economic Development Corp. and county legislators are discussing establishing a county land bank to address blighted properties and vacant houses.
26 Apr 2022
Black Knight: Mortgage Delinquencies Hit Record Low in March, Driven by Both Seasonal and Economic Improvements
Black Knight reports that mortgage delinquencies dropped by more than half a percentage point in March, shattering previous record lows.
25 Apr 2022
FEMA Fire Management Assistance Declaration – Nebraska Road 702 Fire
FEMA has issued a Fire Management Assistance Declaration for areas of Nebraska affected by the Road 702 Fire on April 22, 2022.
23 Apr 2022
MBA: ‘Remarkable’ Forbearance Recovery
The number of homeowners in forbearance has dropped by nearly 4 million over the last two years according to the MBA.
19 Apr 2022
Gateless Integrates with Fannie and Freddie Tech; Partners with Google
Mortgage tech company Gateless has announced that it has integrated with Fannie Mae and Freddie Mac to improve efficiency in the loan process.
19 Apr 2022
FEMA Fire Management Assistance Declaration – Arizona Tunnel 2 Fire
FEMA has issued a Fire Management Assistance Declaration for areas of Arizona affected by the Tunnel 2 Fire on April 19, 2022 and continuing.
19 Apr 2022
FEMA Fire Management Assistance Declaration – Arizona Crooks Fire
FEMA has issued a Fire Management Assistance Declaration for areas of Arizona affected by the Crooks Fire on April 18, 2022.
19 Apr 2022
FEMA Major Disaster Declaration – Massachusetts Severe Winter Storm and Snowstorm
FEMA has issued a Major Disaster Declaration for areas of Massachusetts affected by a severe winter storm and snowstorm from Jan. 28-29, 2022.
18 Apr 2022