Archives For: Industry Updates

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

Affordable Housing Coalition Releases Scorecard Outlining Improvements to GSE Duty-to-Serve Plans

A coalition of 21 leading national affordable housing groups has acknowledged improvements to Fannie Mae and Freddie Mac’s Duty to Serve Underserved Market Plans for 2022-2024.

7 Sep 2022

Land Bank has Demolished 8,000 Properties in Flint Over the Past 18 Years

Blight continues to be an issue that residents and officials in Flint are concerned about, with nearly one quarter of all residential properties reported as vacant and/or blighted.

7 Sep 2022

Expanded Dallas Crime Crusade Against Blight

A new Dallas crusade against overgrown vacant lots, abandoned buildings and blight launched near Dallas Fair Park.

6 Sep 2022

Jacksonville Looks to Land Bank to Deal with Abandoned Houses

The city of Jacksonville is getting into the land bank business with hopes of making abandoned properties usable again and cleaning up the city.

30 Aug 2022

FHFA to Form Affordable Housing Committee

FHFA has revealed plans to establish a Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing.

24 Aug 2022

Black Knight: Foreclosure Starts Decrease, Delinquencies Edge Slightly Higher

Black Knight, Inc. reports month-end mortgage performance statistics derived from loan-level data for July 2022.

24 Aug 2022

Vacant and Abandoned Properties in Olympia Now Subject to Registration

The Olympia City Council approved an ordinance establishing a vacant property registration program to identify vacant properties and address squatting issues in the city.

24 Aug 2022

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