Archives For: Industry Updates
Black Knight: “Past-Due Mortgages Approach Recent Record Lows” in May
Black Knight’s First Look report shows the percentage of delinquent loans decreased by 6% in May compared to April.
23 Jun 2023
FHFA Releases 1st Quarter 2023 Foreclosure Prevention and Refinance Report
FHFA has released its first quarter 2023 Foreclosure Prevention and Refinance Report, showing the Enterprises completed more than 58,000 foreclosure prevention actions.
23 Jun 2023
HUD Introduces Office of Manufactured Housing Programs as New, Independent Office within Housing
HUD announced that it has created a new Office of Manufactured Housing Programs as an independent office reporting to Assistant Secretary Julia Gordon.
22 Jun 2023
HUD Awards more than $14.4 Million in Housing Counseling Grants
HUD’s Office of Housing Counseling has awarded more than $14 million in housing counseling grant funding to 180 housing counseling organizations.
21 Jun 2023
Share of Mortgage Loans in Forbearance Decreases to .49% in May
The MBA monthly Loan Monitoring Survey revealed the total number of loans now in forbearance decreased to .49% as of May 31, 2023.
20 Jun 2023
Milwaukee Public-Philanthropic Housing Partnership Recognized Nationally
The Milwaukee Community Development Alliance has been awarded the 2023 HUD Secretary’s Award for Public-Philanthropic Partnerships.
16 Jun 2023
Akron Selects 40 Vacant Properties for 2023 Mow to Own Program
Akron City Council approved an additional 40 vacant lots for the Mow to Own program in the city last week.
15 Jun 2023
The CFPB Intends to Identify Ways to Simplify and Streamline the Existing Mortgage Servicing Rules
The CFPB intends to identify ways to simplify and streamline the existing mortgage servicing rules as they play a critical role in assisting homeowners with repayment.
15 Jun 2023
FHA Launches New Resources to Remove Language Barriers for Borrowers
The Federal Housing Administration (FHA) is making available in Chinese, Korean, Spanish, Tagalog, and Vietnamese more than 30 single family mortgage documents and related resources used in the origination of FHA-insured mortgages.
13 Jun 2023
House Members Introduce ‘Neighborhood Homes Investment Act’ to Expand Affordable Homeownership Opportunities
Representatives from PA and NY introduced legislation to create a new tax incentive that would produce 500,000 starter homes in underserved communities.
9 Jun 2023