Archives For: Industry Updates
Ginnie Mae Launches New Environmental, Social and Governance Composite and Webpage
Ginnie Mae announced the addition of a new Environmental, Social and Governance webpage with a focus on how their strategy impacts MBS program offers to investors.
28 Jul 2023
Neighborhoods Fight Blighted Investment Properties with Nonprofit Legal Help
NLS and Legal Aid of Western Missouri are helping neighborhoods fight back against blighted properties owned by out-of-state investors.
26 Jul 2023
Pittsburgh City Council Advances Bill to Help the Land Bank with New Conditions
Pittsburgh City Council has advanced an agreement designed to make it easier for the city’s land bank to return more vacant and distressed properties to active use.
26 Jul 2023
HUD Announces Research Grant Opportunity and Event Focused on Office-to-Residential Conversions
HUD released a notice of funding opportunity (NOFO) to study office-to-residential conversions which have grown in interest since the pandemic-induced shift to remote work.
25 Jul 2023
Foreclosure Rates are Surging: These 10 U.S. Cities are Where They’re Up the Most
The data team at Realtor.com has set out to find the cities that are experiencing high – and growing – percentages of foreclosure activity.
24 Jul 2023
Black Knight: “Seriously Delinquent Mortgages Hit Lowest Level Since 2006” in June
According to Black Knight’s First Look report, the percentage of delinquent loans decreased 2.8% year-over-year in June 2023.
21 Jul 2023
Land Banks May Soon Claim Blighted Properties
In the fight against blight, neglectful property owners in PA may soon feel more pressure to clean-up dilapidated properties or lose control to a land bank.
21 Jul 2023
Wilkinsburg Land Bank to Use More than $350K in Grant Funding for Revitalization Projects
The Wilkinsburg Land Bank is investing $350,000 to renovate blighted and abandoned buildings to help entice people to move back to the area.
20 Jul 2023
US House Proposal Would Send $7.9M to Mid-Michigan Blight, Parks, Transit Projects
A US House of Representative subcommittee recently advanced $7.9M for blight, parks, and transit projects in mid-Michigan.
17 Jul 2023
Baltimore’s Vacant Home Crisis: Committee Plans on Obtaining Billions to Combat Issue
A new initiative will bring together Baltimore leaders and faith organizations to help combat the city’s vacant home crisis.
16 Jul 2023