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Share of Mortgage Loans in Forbearance Remains Flat at .7% in December

Mortgage Bankers Association Monthly Loan Monitoring Survey revealed the total number of loans in forbearance remained flat relative to the previous month as of December 31, 2022.

23 Jan 2023

FHFA Announces Updates to the Enterprises’ Single-Family Pricing Framework

FHFA has announced further changes to Fannie Mae’s and Freddie Mac’s single-family pricing framework by introducing redesigned and recalibrated upfront fee matrices for purchases, rate-term refinance, and cash-out refinance loans.

19 Jan 2023

Freddie Mac Multifamily’s Targeted Affordable Housing Loans Increased by Nearly 60% in 2022

In a year marked by record rent inflation and a rental housing supply crisis, Freddie Mac Multifamily prioritized its affordable housing mission, exceeding goals by totaling over $73 billion in production volume.

18 Jan 2023

Fannie Mae Selects Five Proposals to Help Advance Racial Equity in Housing through a $5 Million Innovation Challenge

Fannie Mae announced the selection of five organizations to receive deliverable-based contracts under the Sustainable Communities Innovation Challenge, a nationwide competition to advance racial equity in housing.

18 Jan 2023

Serious Delinquency Rates for All Mortgage Loan Types Continue to Fall

The nation’s overall mortgage delinquency rates have improved significantly over the last year, according to the latest CoreLogic Loan Performance Insights Report.

18 Jan 2023

FEMA Major Disaster Declaration – Georgia Severe Weather

FEMA has issued a Major Disaster Declaration for areas of the state of Georgia affected by severe weather on January 12, 2023.

16 Jan 2023

FEMA Major Disaster Declaration – Alabama Severe Storms, Straight-line Winds, and Tornadoes

FEMA has issued a Major Disaster Declaration for areas of the state of Alabama affected by severe storms, straight-line winds, and tornadoes on January 12, 2023.

15 Jan 2023

Gloversville Getting Tough on Blighted Properties

The city of Gloversville, NY will now require owners of vacant buildings destroyed by fire damage to either reimburse the city for the cost of demolition or allow the city to take ownership of the property.

15 Jan 2023

FEMA Major Disaster Declaration – California Severe Winter Storms, Flooding, Landslides, and Mudslides

FEMA has issued a Major Disaster Declaration for areas of the state of California affected by severe winter storms, flooding, landslides, and mudslides beginning December 27, 2022 and continuing.

14 Jan 2023

PHFA Celebrates 50 Years of Creating Affordable Housing in Pennsylvania

In 2023, the Pennsylvania Housing Finance Agency is celebrating its fiftieth year of helping Pennsylvanians find and keep affordable, stable housing.

13 Jan 2023

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