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Mortgage Delinquencies Decrease to New Survey Low in Third Quarter
The Mortgage Bankers Association National Delinquency Survey reported the delinquency rate decreased to 3.45% in the third quarter of 2022.
10 Nov 2022
FHFA Announces 2023 Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac
FHFA announced that 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $75 billion for each enterprise to support the multifamily market.
10 Nov 2022
FEMA Emergency Declaration – Florida Tropical Storm Nicole – Seminole Tribe of Florida
FEMA has issued an Emergency Declaration for the Seminole Tribe of Florida in areas affected by Tropical Storm Nicole beginning November 7, 2022 and continuing.
9 Nov 2022
October 2022 U.S. Foreclosure Activity Increases 57% from October 2021
ATTOM released its October 2022 U.S. Foreclosure Market Report, which shows foreclosure filings were up 57% from one year ago, and 2% from the prior month.
9 Nov 2022
Law Students Help Fight Against Blight in Memphis Neighborhoods
The University of Memphis School of Law has filed 25 new lawsuits aimed at holding owners of vacant and neglected properties accountable their condition.
9 Nov 2022
Hurricane Warning Issued In Florida as Nicole becomes Tropical Storm
Tropical Storm Nicole is forecast to make landfall in Florida as a hurricane or a strong tropical storm, but its impacts including prolonged coastal flooding, beach erosion, strong winds, high surf, rip currents and heavy rain will encompass a much larger area of the Southeast.
8 Nov 2022
FEMA Emergency Declaration – Florida Tropical Storm Nicole
FEMA has issued an Emergency Declaration for the state of Florida to supplement state, tribal and local response efforts due to emergency conditions resulting from Tropical Storm Nicole beginning November 7, 2022 and continuing.
8 Nov 2022
Industry Veteran Ravi Shankar Appointed Head of Freddie Mac’s Single-Family Portfolio & Servicing Division
Freddie Mac announced that industry veteran Ravi Shankar has joined the company as senior vice president and head of Single-Family Portfolio and Servicing.
7 Nov 2022
Loan Performance Insights – October 2022
The CoreLogic Loan Performance Insights Report measures early-stage delinquency rates to analyze the health of the mortgage market through August 2022.
27 Oct 2022
OCC Announces Office of Financial Technology
OCC announced it will establish an Office of Financial Technology to bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape.
27 Oct 2022