Archives For: Industry Updates
How Ohio is Tackling the Crumbling Homes Left Vacant and Forgotten
Vacant, blighted homes are set to be demolished in Ashtabula County, Ohio after the state awarded the Ashtabula County Land Bank $609,000 for its Demolition and Site Revitalization Program.
28 Mar 2023
Black Knight: Early Stage Mortgage Delinquencies Increased in February
According to Black Knight’s First Look Report, 3.45% of all U.S. mortgages were delinquent in February, an increase of 1.96% compared to January 2023.
27 Mar 2023
Bakersfield is Coming for Blighted Lots, in the Name of Housing
The city of Bakersfield, CA is working on plans to help buyers of dilapidated properties rehabilitate them into affordable housing options.
26 Mar 2023
Commissioners Discuss Abandoned Homes, Eyesores
Bertie County, North Carolina is working to ‘think outside the box’ to incentivize people to purchase, repair, and live in fixable vacant properties.
25 Mar 2023
Share of Mortgage Loans in Forbearance Decreases to .60% in February
The MBA monthly Loan Monitoring Survey revealed that the forbearance rate fell across all investor types in February.
20 Mar 2023
Mortgage Giant Fannie Mae Tackles Climate Risk, but Changes to Underwriting May Take Several Years
Fannie Mae looks to incorporate climate risk into its underwriting practices to account for climate change.
20 Mar 2023
HUD Restores “Discriminatory Effects” Rule
HUD has announced plans to rescind the 2020 Fair Housing Act rule and restore the 2013 policy to eradicate discriminatory practices in the housing market.
17 Mar 2023
Talladega’s Revitalization Project Demolishing more than 30 Abandoned, Dilapidated Homes
The city of Talladega, Alabama is using funds from the Community Development Block Grant to demolish dozens of abandoned, dilapidated homes.
16 Mar 2023
TNP Partners with Warren to Demolish 100+ Vacant Properties
Trumball Neighborhood Partnership has partnered with the city of Warren, Ohio to demolish more than 100 vacant properties throughout the city.
16 Mar 2023
Wounded Former U.S. Army Specialist Gets Mortgage-Free Home in Ohio
The Military Warriors Support Foundation has gifted a mortgage-free home to a military veteran moving from Colorado to Ohio.
16 Mar 2023