Archives For: Industry Updates
Freddie Mac: Mortgage Serious Delinquency Rate Decreased in August
Freddie Mac reported that the Single-Family serious delinquency rate in August was 0.70%, down from 0.73% July. Freddie’s rate is down year-over-year from 1.62% in August 2021.
26 Sep 2022
Black Knight’s First Look at August 2022 Mortgage Data
Black Knight, Inc. reports the following “first look” at August 2022 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
23 Sep 2022
CFPB Considers Permanently Restoring Covid Mortgage Protections
The CFPB is seeking information to possibly make pandemic-era foreclosure prevention and automatic refinancing programs permanent features of the mortgage market.
22 Sep 2022
FHFA Releases 2nd Quarter 2022 Foreclosure Prevention and Refinance Report
FHFA has released its 2nd quarter 2022 Foreclosure Prevention and Refinance Report detailing Fannie Mae and Freddie Macs foreclosure prevention and refinance actions.
22 Sep 2022
OCC Reports Improvement in Overall Mortgage Performance
OCC reported that the performance of first-lien mortgages in the federal banking system improved during the second quarter of 2022.
15 Sep 2022
U.S. Mortgage Interest Rates Top 6% for the First Time Since 2008
According to the MBA, the average interest rate on the most popular U.S. home loan rose above 6% for the first time since 2008.
14 Sep 2022
U.S. Foreclosure Starts Reach Pre-Pandemic Levels Nationwide
ATTOM released its August 2022 U.S. Foreclosure Market Report, which shows that foreclosure starts have reached pre-pandemic levels.
8 Sep 2022
Mortgage Rates Maintain their Ascent
Freddie Mac released the results of its Primary Mortgage Market Survey, showing that the 30-year fixed-rate mortgage averaged 5.89 percent.
8 Sep 2022
City Council Working with Code Enforcement to Fight the Blight Faster in New Orleans Neighborhoods
17 years after Hurricane Katrina, abandoned and blighted properties continue to be an issue throughout New Orleans.
8 Sep 2022
Bipartisan Bill Would Expand Land Banks, Increase Economic Development
Legislation introduced to the House known as the National Land Bank Network Act would strengthen neighborhoods, reduce crime and clean up blighted properties.
8 Sep 2022