Archives For: Industry Updates

Oswego County Land Bank Awarded $2M State Grant

The Oswego County Land Bank has secured a $2M state grant to rehabilitate more than a dozen vacant properties and return them to private ownership.

21 Mar 2025

Share of Mortgage Loans in Forbearance Decreases Slightly in February

MBA released its monthly Loan Monitoring Survey revealing that the total number of loans in forbearance decreased to .38% in February.

17 Mar 2025

Q4 Update: Delinquencies, Foreclosures and REO

CalculatedRisk Newsletter talks Q4 2024 statics on mortgage delinquencies, foreclosures and REO volume.

14 Mar 2025

William J. Pulte Sworn In as 5th Director of U.S. Federal Housing (FHFA)

In an Agency ceremony, William J. Pulte was sworn in to a five-year term as Director of the United States Federal Housing Finance Agency.

14 Mar 2025

U.S. Foreclosure Activity Increases Monthly in February 2025

ATTOM released its February 2025 U.S. Foreclosure Market Report, showing foreclosure filings up 5% from the previous month.

11 Mar 2025

HUD Extends Foreclosure Relief to Californians Impacted by Los Angeles County Wildfires

HUD announced a 90-day extension to its foreclosure moratorium on FHA-insured mortgages for those impacted by the January wildfires in LA County.

6 Mar 2025

Broome County Land Bank Announces the Launch of the New Vacant Rental Program

Broome County Land Bank announced its new Vacant Rental Program aimed at rehabilitating vacant and unoccupied rental units in the county.

4 Mar 2025

Fannie and Freddie: Single Family Serious Delinquency Rates Increased in January

Both Fannie Mae and Freddie Mac reported that the Single-Family serious delinquency rate increased year-over-year in January 2025.

4 Mar 2025

With Properties in New Land Bank, Grand Rapids Eyes Affordable Housing Options

The newly formed Grand Rapids Land Bank is focusing on affordable housing as it looks for way to utilize vacant properties within the city.

28 Feb 2025

Land Bank Partnership Would Support Monmouth Single-Family Housing Development

The city of Monmouth is exploring a partnership with Prairie Hills Land Bank to support a single-family housing development.

27 Feb 2025

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