Archives For: Industry Updates
Mortgage Delinquencies Decrease Slightly in the Third Quarter of 2024, Up on Annual Basis
MBA reports that the delinquency rate for mortgage loans on residential properties decreased to 3.92% at the end of 3rd quarter 2024.
7 Nov 2024
Vacant City-Owned Properties to be Donated for Affordable Housing
The Chattanooga Land Bank Authority is now allowed to put qualifying, city-owned land into productive use for affordable housing.
5 Nov 2024
Top 10 Zombified Metros in Fourth Quarter 2024
ATTOM dives into the Q4 2024 Vacant Property and Zombie Foreclosure Report to uncover the top 10 US metros with the greatest number of zombie properties.
1 Nov 2024
Erie County Provides Update on Progress of Zombie Properties Initiative
Erie County officials have provided an update on the Zombie Property Initiative, which aims to address blight at vacant and abandoned buildings.
1 Nov 2024
Zombie Foreclosure Remain Sparce Around U.S. in Fourth Quarter Amid Ongoing Strong Housing Market
ATTOM released the Q4 2024 Vacant Property and Zombie Foreclosure Report, showing only 1.3% of residential properties in the US are vacant.
31 Oct 2024
Fannie and Freddie: Single Family and Multi-Family Serious Delinquency Rates Increased in September
Fannie Mae and Freddie Mac reported that single-family serious delinquency rates increased slightly in September.
30 Oct 2024
Auction.com: Demand for Auction Properties Continues to Fall in Q3
Auction.com released its Auction Market Dispatch for the third quarter, finding that demand for foreclosure and REO auction properties continues to weaken.
28 Oct 2024
Springfield, Land Bank Plan Housing Push
The city of Springfield and the Land Bank will partner to build at least 8 homes where previously blighted homes were demolished.
25 Oct 2024
First Look at September 2024 Mortgage Data
ICE reports the national delinquency rate rose to 3.48% in September 2024, up 4.3% from August and 5.7% year-over-year.
23 Oct 2024
Share of Mortgage Loans in Forbearance Increases to .34% in September
MBA’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance has increased to .34% in September.
21 Oct 2024