Archives For: Industry Updates
Freddie Mac Announces 2024 SHARP Award Winners
Freddie Mac recognized the nine winners of its 2024 SHARP Awards, which recognizes mortgage loan servicers for superior portfolio performance.
4 Feb 2025
Fannie and Freddie: Single Family Serious Delinquency Rates Increased in December
Fannie Mae and Freddie Mac have both reported that the single-family serious delinquency rate increased in December.
4 Feb 2025
New Housing Report Outlines Future of Abandoned VT Properties
The Vermont Department of Housing and Community Development is conducting a study on the feasibility of creating a Land Bank.
4 Feb 2025
Trump Names Treasury Secretary Scott Bessent Acting Director of CFPB
President Trump appointed Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau.
3 Feb 2025
St. Louis Eyes Land Bank for Vacant Homes
The St. Louis County Council will consider whether to create a land bank to address the ongoing issue of derelict properties in the county.
30 Jan 2025
Mortgage Delinquencies Basically Flat in December but Foreclosure Starts Jumped
ICE reports the national mortgage delinquency rate decreased .6% from November to December 2024 but increased 4% over the previous year.
27 Jan 2025
Over $1.3 Million Awarded to Build and Rehab Homes, Tear Down Others in Allegany County
The Allegany County Land Bank was awarded a $1.3M grant to enhance the local housing stock, eliminate blight, and create affordable housing.
24 Jan 2025
Monroe County Addresses Housing Issues with Creation of Land Bank
The Monroe County Land Bank will work to eliminate unsafe, vacant and abandoned properties while working to create affordable homeownership opportunities.
22 Jan 2025
Share of Mortgage Loans in Forbearance Decreases Slightly to .47% in December
MBA’s monthly Loan Monitoring Survey revealed the total number of loans in forbearance decreased to .47% in December 2024.
21 Jan 2025
Bill Pulte Trump’s Pick for FHFA Director
President-elect Donald Trump has announced he will nominate Bill Pulte as director of the Federal Housing Finance Agency (FHFA).
17 Jan 2025