Archives For: Industry Updates
FHFA Names Tracy Stephan as Chief Artificial Intelligence Officer
FHFA announced that Tracy Stephan will assume the role of Chief Artificial Intelligence Officer in addition to continuing her role leading the Office of Financial Technology.
9 Apr 2024
HUD Announces $10 Million Funding Opportunity for Community Revitalization Efforts
HUD announced a new funding opportunity through the FY24 Choice Neighborhoods Planning Grant to support planning to revitalize communities.
9 Apr 2024
CoreLogic: US Mortgage Delinquencies, Foreclosure Begin 2024 Exceptionally Low
CoreLogic released its monthly Loan Performance Insights Report showing 2.8% of all mortgages in the U.S. were in some stage of delinquency in January 2024.
28 Mar 2024
Governor DeSantis Signs Legislation to End the Squatters Scam in Florida
Florida has introduced new legislation, House Bill 621, aimed at addressing the issue of squatters. It is set to take effect on July 1, 2024.
27 Mar 2024
City Council Passes Vacant Property Registration, Public Nuisance Ordinances
Jamestown City Council has unanimously passed a vacant property registration ordinance to help curb blight on vacant properties.
26 Mar 2024
New Phila Starts Vacant Property Registry
Owners of vacant properties in New Philadelphia must register them with the city within the next 90 days according to a new ordinance.
26 Mar 2024
FHFA Releases 4th Quarter 2023 Foreclosure Prevention and Refinance Report
FHFA released its 4th quarter 2023 Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed over 43K prevention actions.
25 Mar 2024
Baltimore City Selling Properties for $1 to Address Vacant Home Crisis
Baltimore is selling vacant properties for $1 with the goal of rehabbing some of the city’s thousands of vacant homes.
22 Mar 2024
First Look at February 2024 Mortgage Data
ICE reports that the national delinquency rate eased to 3.34% in February 2024, down 4 basis points from the previous month.
21 Mar 2024
Share of Mortgage Loans in Forbearance Holds Steady at .22% in February
MBA’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance remained unchanged in February 2024.
18 Mar 2024