Archives For: Industry Updates
Foreclosure Fee Sets Counties Up to Fight Blight
A new law in Pennsylvania gives counties a new tool to address blight by applying a $250 fee to foreclosure sales.
9 Jul 2024
Fannie and Freddie: Single Family Serious Delinquency Rate Decreased in May, Multi-family Increased Slightly
Fannie and Freddie report that single-family serious delinquencies decreased in May, while multi-family serious delinquencies increased slightly.
8 Jul 2024
Land Bank Approves Lot Transfers to City of Topeka for Affordable Housing
Several vacant lots in Topeka have been made available for affordable housing development thanks to actions by the city’s Land Bank.
26 Jun 2024
Share of Mortgage Loans in Forbearance Decreases Slightly to .21% in May
MBA’s monthly Loan Monitoring Survey revealed the total number of loans now in forbearance decreased slightly in May 2024.
24 Jun 2024
HUD Makes Over $469 Million Available to Protect Families from Home Health and Safety Hazards
HUD announced the Lead Hazard Reduction Grant Program’s NOFO that makes over $469M available to support safer affordable housing.
24 Jun 2024
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