Archives For: Industry Updates
Metroplex Approves Funding to Remediate and Demolish Seven Vacant Buildings in Hamilton Hill Neighborhood
Metroplex Board of Directors has approved demolition of 7 vacant buildings that the Capital Region Land Bank will turn into affordable housing.
18 Oct 2023
Center for Community Progress and Land Trust Alliance Unveil Map Highlighting Collaborative Opportunities Between Land Banks and Conservation Land Trusts
The Center for Community Progress and the Land Trust Alliance have launched a new interactive map for leaders in community revitalization.
17 Oct 2023
FHFA Takes Further Steps to Reduce Loan Repurchase Requests
FHFA is taking further action to reduce repurchase requests from Fannie Mae and Freddie Mac, which first spiked in 2022 and remained elevated in 2023.
16 Oct 2023
Share of Mortgage Loans in Forbearance Decreases to .31% in September
The MBA’s Monthly Loan Monitoring Survey revealed the total number of loans now in forbearance decreased by 2 basis points as of September 30, 2023.
16 Oct 2023
Mortgage Lenders Can Now Count Income from ADUs When Underwriting FHA Loans
Mortgage lenders can now count income from accessory dwellings when underwriting FHA loans to help households maximize the potential benefits of homeownership.
16 Oct 2023
U.S. Foreclosure Activity Shows Continued Rise in Third Quarter
ATTOM released its Q3 2023 U.S. Foreclosure Market Report, showing foreclosure filings up 28% from the previous month and 34% from a year ago.
12 Oct 2023
Sale of Abandoned Affordable Housing Welcomed by Wichita Neighborhood
The city of Wichita held another round of open houses for 13 city-owned properties that will hopefully be sold as affordable housing options.
9 Oct 2023
Prince George’s Co. is Ready to Crack Down on Owners of Abandoned Properties
Prince George’s County. MD looks to create a vacant property registry to help keep track of blighted, abandoned and vacant properties throughout the county.
6 Oct 2023
Highland County Land Bank Board Selects More Properties for Demolition, Clean-up
The Highland County Land Reutilization Corporation is continuing to make headway in their fight against blight in the county.
6 Oct 2023
Cleaning Up Blight on Wilton Properties: How Underlying Issues, Foreclosure Threats and Changing Laws Impact Wilton’s Blight Conditions
First Selectwoman Lynne Vanderslice works to address blighted properties in the town of Wilton as her term comes to an end.
3 Oct 2023