Archives For: Industry Updates
New City Ordinance Ups Blighted Property Fines from $100 to $1,000 Per Day
New Haven City Officials signed new legislation increasing municipal blight violations from $100 per day to max of $1,000 per day.
18 Aug 2025
Mortgage Delinquencies Decrease Slightly in Q2 2025
MBA released the Q2 2025 National Delinquency Survey, reporting the delinquency rate on residential properties decreased to 3.93%.
14 Aug 2025
U.S. Foreclosure Activity Jumps 13% YoY in July, Highest of 2025
ATTOM released the July 2025 US Foreclosure Market Report, showing foreclosure filings up 11% from a month ago and 13% YoY.
14 Aug 2025
10 New Affordable Homes Coming to Roseland
The CCLBA has partnered with the Hope Center Foundation to support the Reclaiming Chicago Initiative with 10 new affordable homes.
13 Aug 2025
Foreclosure Activity Rises, Rates Poised to Ease as Inventory Shifts
ICE released the August Monthly Mortgage Monitor, unpacking shifts in mortgage performance, foreclosure activity, and more.
11 Aug 2025
Rochester Launches Rehabilitate the Dream Pilot Housing Program
Rehabilitate the Dream, a new pilot program in Rochester, aims to match residents with vacant properties to address blight through affordable housing.
7 Aug 2025
US Judge Blocks Diversion of Disaster Prevention Grants
A federal judge blocked the diversion of more than $4B in funds away from a grant program designed to protect communities again natural disasters.
5 Aug 2025
Trump Administration Nominates Ginnie Mae, FHA Leaders
The Trump Administration has nominated Joseph M. Gormley for President of Ginnie Mae and Frank Cassidy for FHA Commissioner.
5 Aug 2025
New Mortgage Relief Law Will Help Thousands of Veterans Avoid Foreclosure
On Wednesday, July 30, the VA Home Loan Program Reform Act was enacted into law, providing a path for Veteran homeowners to avoid foreclosure.
31 Jul 2025
How Climate Change Could Cause Foreclosure Rate to Spike Nearly 400%
Climate change could be responsible for a 380% spike in foreclosures by 2035, according to a National Risk Assessment by research firm First Street.
31 Jul 2025