Archives For: Industry Updates
Fannie Mae Selects Five Proposals to Help Advance Racial Equity in Housing through a $5 Million Innovation Challenge
Fannie Mae announced the selection of five organizations to receive deliverable-based contracts under the Sustainable Communities Innovation Challenge, a nationwide competition to advance racial equity in housing.
18 Jan 2023
Serious Delinquency Rates for All Mortgage Loan Types Continue to Fall
The nation’s overall mortgage delinquency rates have improved significantly over the last year, according to the latest CoreLogic Loan Performance Insights Report.
18 Jan 2023
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