Archives For: Industry Updates
Foreclosure Activity Nationwide Shows Slight Decline in April 2023
ATTOM has released its April 2023 U.S. Foreclosure Market Report, showing foreclosure filings decreased by 10% from last month.
11 May 2023
HUD Announces more than $837 Million to Improve Housing Quality and Reduce Energy Costs for Underserved Communities
HUD announced that new funding from the Inflation Reduction Act of 2022 will go towards making HUD-assisted housing more energy efficient.
11 May 2023
FHFA Announces Rescission of Enterprise Upfront Fees Based on Debt-To-Income Ratio
FHFA has rescinded the upfront fees based on borrowers’ DTI ratios for loans acquired by Fannie Mae and Freddie Mac.
10 May 2023
Fannie REO Inventory Essentially Unchanged in Q1
Fannie Mae reports that Real Estate Owned (REO) inventory is essentially unchanged in Q1 of 2023.
8 May 2023
Federal Reserve Issues FOMC Statement
The Federal Reserve continued to battle inflation by raising its benchmark interest rate to the highest level in 15 years.
3 May 2023
HUD Allocated $382 Million to Help States Produce Affordable Housing
HUD has allocated $382 million through the nation’s Housing Trust Fund, an affordable housing program.
3 May 2023
Funding Helps Trotwood Blighted Property Demolition Plan
The city of Trotwood continues its work to demolish blighted properties with the help of the Montgomery County Landbank.
2 May 2023
City Council Members: Demo 200 Program has a Place in Aiken
Aiken City Council hopes to re-establish the Demo 200 program, which allows residential property owners to pay the city $200 to have a dilapidated, uninhabitable structure demolished on their property.
2 May 2023
Ginnie Mae Shares Further Details on the LIBOR Transition of LIBOR Classes of Ginnie Mae Multiclass Securities
Ginnie Mae will transition all outstanding LIBOR Classes of Ginnie Mae Multiclass Securities after June 30, 2023.
1 May 2023
Newburgh Land Bank Receives $1.8 Million Grant from State
The Newburgh Community Land Bank has been awarded $1.8 million for several projects in its North of Broadway neighborhood.
29 Apr 2023