Archives For: Industry Updates
Milwaukee Public-Philanthropic Housing Partnership Recognized Nationally
The Milwaukee Community Development Alliance has been awarded the 2023 HUD Secretary’s Award for Public-Philanthropic Partnerships.
16 Jun 2023
Akron Selects 40 Vacant Properties for 2023 Mow to Own Program
Akron City Council approved an additional 40 vacant lots for the Mow to Own program in the city last week.
15 Jun 2023
The CFPB Intends to Identify Ways to Simplify and Streamline the Existing Mortgage Servicing Rules
The CFPB intends to identify ways to simplify and streamline the existing mortgage servicing rules as they play a critical role in assisting homeowners with repayment.
15 Jun 2023
FHA Launches New Resources to Remove Language Barriers for Borrowers
The Federal Housing Administration (FHA) is making available in Chinese, Korean, Spanish, Tagalog, and Vietnamese more than 30 single family mortgage documents and related resources used in the origination of FHA-insured mortgages.
13 Jun 2023
House Members Introduce ‘Neighborhood Homes Investment Act’ to Expand Affordable Homeownership Opportunities
Representatives from PA and NY introduced legislation to create a new tax incentive that would produce 500,000 starter homes in underserved communities.
9 Jun 2023
U.S. Foreclosure Activity Sees Spike in May 2023
ATTOM, a leading curator of land, property, and real estate data, today released its May 2023 U.S. Foreclosure Market Report, which shows there were a total of 35,196 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 7 percent from a month ago and up 14 percent from a year ago.
8 Jun 2023
Freddie Mac Adds Affordable Housing Program for Native Americans
Freddie Mac launched a new mortgage product titled HeritageOne to support members of Native American communities.
8 Jun 2023
City, County Weigh Land Bank Proposal
Tifton and Tift County are joining together to find a solution to tackling vacant, abandoned properties in the Tift area.
5 Jun 2023
FHA Proposes Innovative Approach to Keep Struggling Homeowners in their Homes
FHA announced a proposal for a new home retention option to help struggling homeowners meet their mortgage obligations.
31 May 2023
What Can Fort Worth Learn from Other Land Banks Across the Country?
The city of Fort Worth is considering creating a land bank in an effort to address the need for more affordable housing.
30 May 2023