Archives For: Industry Updates
Acting Comptroller of the Currency Launches Project REACh Efforts in Detroit
Acting Comptroller of the Currency Michael J. Hsu today joined civic leaders, community advocates, and bankers to launch Detroit REACh.
15 Feb 2022
Freddie Mac Announces Direct Deposit Assessment Tool
Freddie Mac has announced a new, automated tool that will allow lenders to assess an applicant’s income that is paid through direct deposit.
15 Feb 2022
FHFA Requests Input on its Strategic Plan
The Federal Housing Finance Agency (FHFA) has released a draft of its strategic plan for 2022-2026 and is requesting input on the plan from the general public.
14 Feb 2022
Ginnie Mae Streamlining Documentation Requirements
In an All-Participants Memorandum, Ginnie Mae issued streamlined documentation requirements for FHA advance loan modifications.
14 Feb 2022
Reading Administration wants to Charge Fee for Vacant Properties
Reading City Council heard a proposed plan Monday from the city administration that recommends all vacant homes be charged a registration fee.
14 Feb 2022
Foreclosure Filings Spike After CFPB Restrictions Expire
January 2022 U.S. Foreclosure Market Report shows foreclosure filings were up 29% from a month ago and up 139% from a year ago.
11 Feb 2022
MBA Says Delinquencies Fall Below Historic Levels
A major report on loan performance has confirmed that homeowners are recovering rapidly from the pandemic.
10 Feb 2022
U.S. Foreclosure Activity in January 2022 Highest Since Beginning of COVID-19 Pandemic
ATTOM released its January 2022 U.S. Foreclosure Market report, which shows foreclosures filings up 29% from a month ago and 139% from a year ago.
10 Feb 2022
Bill to Address Dilapidated Housing Introduced in W. VA. Senate
West Virginia bill hopes to help local communities address the issue of dilapidated or abandoned properties in the state.
9 Feb 2022
National Delinquency Rate Drops to Pre-Pandemic Levels for the First Time
The national delinquency rate dropped below March 2020 levels for the first time since the pandemic started in November 2021.
8 Feb 2022