Archives For: Industry Updates
Increased Foreclosure Activity in First Six Months of 2022 Approaches Pre-Covid Levels
ATTOM’s Midyear 2022 U.S. Foreclosure Market Report shows that foreclosure numbers are currently only 1% lower than pre-pandemic levels.
14 Jul 2022
House Committee Hones in on Housing Crisis
Members of the U.S. House Ways and Means Committee met this week to discuss possible solutions to the current housing crisis.
13 Jul 2022
New Clermont County Land Bank Receives State Funds
Clermont County’s new Land Bank has been awarded $500,000 for demolition of vacant and blighted structures across the county.
13 Jul 2022
FHA Expands Mortgage Eligibility for Borrowers Previously Affected by COVID-19
FHA announced new flexibility for lenders when qualifying borrowers who experienced previous employment gaps or loss of income due to the COVID-19 pandemic.
7 Jul 2022
Vinay Singh Sworn In as HUD Chief Financial Officer
Vinay Singh has been sworn in as the U.S. Department of Housing and Urban Development’s Chief Financial Officer.
5 Jul 2022
New FHA Head Details Plans for More Affordable Housing and Foreclosure Prevention
Newly elected FHA commissioner Julia Gordon is on a mission to help people access and retain affordable housing.
28 Jun 2022
FHFA Releases 1st Quarter 2022 Foreclosure Prevention and Refinance Report
FHFA released it’s first quarter 2022 Foreclosure Prevention and Refinance Report, detailing Fannie Mae and Freddie Mac foreclosure prevention actions.
28 Jun 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 first quarter of 2022.
27 Jun 2022
Black Knight’s First Look: Another Record Low for Delinquencies
Per Black Knight’s May 2022 report, American’s with mortgage payments are making them with record-setting regularity.
24 Jun 2022
Macon Land Bank Authority Seeking Buyers to Turn Blighted Properties into New Homes
The Macon-Bibb County Land Bank Authority held an information session on Thursday about residents purchasing vacant or blighted properties.
23 Jun 2022