Archives For: Industry Updates
Gloversville Getting Tough on Blighted Properties
The city of Gloversville, NY will now require owners of vacant buildings destroyed by fire damage to either reimburse the city for the cost of demolition or allow the city to take ownership of the property.
15 Jan 2023
PHFA Celebrates 50 Years of Creating Affordable Housing in Pennsylvania
In 2023, the Pennsylvania Housing Finance Agency is celebrating its fiftieth year of helping Pennsylvanians find and keep affordable, stable housing.
13 Jan 2023
Top 10 Zips with Highest Foreclosure Rates in 2022
According to ATTOM’s just released Year-End 2022 U.S. Foreclosure Market Report, foreclosure filings were reported on 324,237 U.S. properties in 2022, up 115% since 2021.
13 Jan 2023
U.S. Foreclosure Activity Doubles Annually but Still Below Pre-Pandemic Levels
ATTOM released its Year-End 2022 U.S. Foreclosure Market Report, showing foreclosures were up 115% from 2021 but down 34% from 2019, before the pandemic shook up the market.
12 Jan 2023
Black Knight Announces the Developer Portal, a Comprehensive Catalog of APIs to Enhance Integration and Efficiency for Clients
Black Knight has announced the launch of its new Developer Portal, allowing clients, third-party providers and their developers access to the company’s catalog of application program interfaces across the mortgage life cycle.
12 Jan 2023
Valuation of Mortgage Servicing Rights for Managing Counterparty Credit Risk
FHFA has released its supervisory expectations for Fannie Mae and Freddie Mac to establish and implement risk management policies and procedures for monitoring and valuing seller/servicers’ mortgage servicing rights.
12 Jan 2023
Land Bank in Works for County
Local government leaders have started the process of creating a land bank in Madison County, Ohio, with the first organizational meeting taking place later this month.
4 Jan 2023
Washington to Begin Enforcing Blight-Related Ordinances
Three ordinances designed to combat blight in the city of Washington, PA can now be enforced, including a newly established abandoned residential/commercial property regulation program.
4 Jan 2023
Kankakee Land Bank Looks to Acquire 1st Property
The Kankakee County Land Bank Authority could begin moving tax delinquent and abandoned properties back into productive use in Kankakee County, Illinois.
3 Jan 2023
Office of the Comptroller of the Currency 2022 Annual Report
The Office of the Comptroller of the Currency has released the 2022 Annual Report, outlining strategic priorities, financial management, and regulatory and policy initiatives from 2022.
1 Jan 2023