Archives For: Industry Updates

Cities Losing Blight Battle Look Toward New Solutions

Birmingham leaders are looking to new solutions to deal with blighted, overgrown lots and vacant properties that have become a nuisance.

2 Oct 2023

OCC Reports Mortgage Performance for Second Quarter of 2023

The OCC reported on the performance of first-lien mortgages in the federal banking system during the second quarter of 2023.

27 Sep 2023

Mortgage Delinquency Rates May be Bottoming Out – Black Knight

Black Knight’s latest report suggests that delinquency rates may be nearing cycle lows as early-stage delinquencies continue to increase.

25 Sep 2023

FHFA Releases 2nd Quarter 2023 Foreclosure Prevention and Refinance Report

FHFA released its 2nd quarter 2023 Foreclosure Prevention and Refinance Report, showing the Enterprises completed 47K prevention actions during the quarter.

21 Sep 2023

HUD Earns Smart Energy Decisions’ 2023 Diversity, Equity and Inclusion Award

HUD’s Office of Public Housing, Energy Branch has received the Smart Energy Decisions’ 2023 Diversity, Equity and Inclusion Award.

20 Sep 2023

Share of Mortgage Loans in Forbearance Decreased to .33% in August

The MBA monthly Loan Monitoring Survey revealed that the total number of loans in forbearance decreased to .33% in August 2023.

18 Sep 2023

Top 10 US Housing Markets Least At-Risk of Declines in Q2 2023

ATTOM’s Q2 2023 Special Housing Risk Report shows that New Jersey and Illinois have the highest concentrations of the most-at-risk markets.

15 Sep 2023

Kingston Lawmakers OK Sale of Seven Properties to Land Bank

The Kingston City Land Bank received approval to purchase seven vacant, foreclosed properties to refurbish as affordable housing to Kingston homebuyers.

13 Sep 2023

U.S. Foreclosure Activity Sees Uplift in August 2023

ATTOM released its August 2023 U.S. Foreclosure Market Report which shows foreclosure filings up 7% from a month ago.

13 Sep 2023

Lawrence County Land Bank Begins Demolition of 19 Condemned Buildings

The Lawrence County Land Bank has begun demolition of 19 condemned homes that have been a source of neighborhood blight for nearly 6 years.

12 Sep 2023

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