Archives For: Industry Updates
Fannie Mae Recognizes 32 High-Performing Mortgage Servicers
Fannie Mae announced its 2023 STAR Program results, recognizing 32 mortgage servicers for competency, capacity and overall performance.
12 Feb 2024
Mortgage Delinquencies Increase in the Fourth Quarter of 2023
The Mortgage Bankers Association reports the mortgage delinquency rate increased to 3.88% of all loans in the fourth quarter of 2023.
8 Feb 2024
FHFA Unveils 2024 Scorecard for Fannie Mae, Freddie Mac
FHFA recently released its 2024 Scorecard, outlining strategic objectives for Fannie Mae, Freddie Mac and their joint venture, CSS.
6 Feb 2024
Fannie and Freddie: Single Family Serious Delinquency Rate Increased Slightly, Multi-family Unchanged in December
Fannie Mae and Freddie Mac single-family delinquencies increased slightly in December while multi-family delinquencies remained unchanged.
30 Jan 2024
Cleveland’s Crackdown on Blight Might Hit Snag with Controversial Proposal
A plan aimed at improving Cleveland’s housing stock through a major overhaul of code enforcement was largely praised by City Council this week.
26 Jan 2024
ICE Report: December 2023 Delinquency Rate Hits 3.57%
In December 2023, the national delinquency rate experienced a slight increase, reaching 3.57% according to the ICE mortgage performance report.
24 Jan 2024
Share of Mortgage Loans in Forbearance Decreases to .23% in December
MBA’s monthly Loan Monitoring Survey revealed the total number of loans in forbearance decreased to .23% as of December 31, 2023.
22 Jan 2024
How One Ohio City is Tackling Urban Blight
The Trumball Neighborhood Partnership has spent the past decade tackling blight in the city of Warren by demolishing and renovating vacant homes.
22 Jan 2024
Positively St. Louis: The Land Reutilization Authority Converting Abandoned Properties to Productive Use
The St. Louis Land Reutilization Authority is responsible for the stewardship and sale of nearly 10,000 previously abandoned buildings in the city.
19 Jan 2024
Transforming Unlivable Properties into Thriving Homes
A new lending program titled DASH in Baltimore is providing special interest rates for developers looking to renovate vacant, blighted homes.
18 Jan 2024