Archives For: Industry Updates
FHFA Releases 1st Quarter 2024 Foreclosure Prevention and Refinance Report
FHFA released the 1st quarter 2024 Foreclosure Prevention and Refinance Report, showing Fannie and Freddie completed 52,154 foreclosure prevention acts during the quarter.
21 Jun 2024
ICE First Look: Mortgage Performance Remains Strong as Delinquencies, Foreclosures Continue to Improve in May
ICE reports its “first look” at May 2024 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
21 Jun 2024
U.S. Foreclosure Activity Sees a Monthly Increase in May 2024
ATTOM released the May 2024 U.S. Foreclosure Market Report, showing foreclosure filings up 3% from one month ago.
11 Jun 2024
FHFA Seeks Public Input on the GSE’s Proposed Duty to Serve Plans for 2025-2027
FHFA issued an RFI on the proposed 2025-2027 Underserved Markets Plans submitted by Fannie Mae and Freddie Mac under the Duty to Serve program.
11 Jun 2024
Mayor Parker Wants to Reform Dysfunctional Philadelphia Land Bank
Proposed changes to the beleaguered Philadelphia Land Bank could make it a vital pipeline for affordable housing in the city.
11 Jun 2024
Georgia Bill Combats Squatting and Tenant Delinquency
Georgia has passed House Bill 1017 to address the issue of squatting by defining the offense as a criminal matter for law enforcement.
7 Jun 2024
Brainerd to Combat Vacant Buildings
Brainerd City Council is considering a new ordinance that would require owners of vacant buildings to register with the city and pay a fee.
6 Jun 2024
Seattle Mayor to Sign Legislation to Expedite Demolition of Dangerous Vacant Buildings
Seattle Mayor Bruce Harrell is set to sign anticipated legislation to expedite the demolition of dangerous vacant buildings.
6 Jun 2024
Cuyahoga Land Bank Leads $122 Million Redevelopment Plan
The Cuyahoga Land Bank is leading a $122 million redevelopment plan that will add more than 200 homes to the east Cleveland area.
5 Jun 2024
Mahoning County Land Bank Gets $2.4 Million in State Funding to Boost Home Ownership
A grant of $2.4M under Ohio’s new Welcome Home Ohio program will bring home ownership to Mahoning County buyers who otherwise couldn’t afford it.
2 Jun 2024