Archives For: Industry Updates
HUD: Disaster Recovery Funds for Puerto Rico and USVI
The U.S. Department of Housing and Urban Development (HUD) published a Federal Register notice governing the use of $2 billion in Community Development Block Grant Disaster Recovery (CDBG-DR) funds for electric power system enhancements and improvements for Puerto Rico and the U.S. Virgin Islands.
21 Jun 2021
HUD: Adrianne Todman Sworn in as Deputy Secretary
The U.S. Department of Housing and Urban Development (HUD) announced that Adrianne Todman was officially sworn in as the twelfth deputy secretary of housing and urban development.
14 Jun 2021
Oregon Bill Reinstates COVID-19 Foreclosure Moratorium
Oregon HB 2009 has been signed by Governor Kate Brown. The bill will reinstate the state’s moratorium on foreclosures until at least June 30, 2021.
1 Jun 2021
ATTOM: Zombie Foreclosures Increase in Second Quarter 2021
ATTOM Data Solutions issued its Q2 2021 Vacant Property and Zombie Foreclosure Report. According to its findings, 1.4 (1,409,457) million residential properties in the U.S. are currently vacant.
27 May 2021
OCC: Revitalization Activities in Areas Affected by Hurricane Maria
The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation extended the period for giving favorable consideration under Community Reinvestment Act regulations for bank activities that continue to help revitalize or stabilize disaster areas devastated by Hurricane Maria.
27 May 2021
Biden Allocates $1B to Prepare for Hurricane, Wildfire Season
Florida Phoenix provided coverage of an announcement from President Joe Biden confirming that $1 billion will be directed to the Building Resilient Infrastructure and Communities program to help states prepare for natural disasters.
24 May 2021
Concerns Grow as Foreclosure Moratoria Date Nears
DS News published an article outlining a recent analysis performed by QuoteWizard that shows increasing homeowner and renter concern as end dates for national foreclosure/eviction moratoria continue to approach.
24 May 2021
ATTOM: April 2021 U.S. Foreclosure Market Report
ATTOM Data Solutions released its April 2021 U.S. Foreclosure Market Report. The report shows that there were a total of 11,810 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions).
11 May 2021
California Wildfire Season Already Off to a Fast Start
The Weather Channel published an article outlining accelerated wildfire activity in California that has burned more than 20 square miles since January 1.
6 May 2021
Federal Judge Overturns Centers for Disease Control Eviction Ban
On May 5, HousingWire published an article outlining a decision by a federal judge to overturn the current CDC national eviction moratorium. According to the ruling, the agency does not have the legal authority to impose a nationwide eviction moratorium.
5 May 2021