Archives For: Industry Updates
New Orleans Considers Doubling Fines for Overgrown Lots in Fight Against Blight
New Orleans battle against blight could be ramping up in 2024 with harsher penalties and a streamlined enforcement process to curb overgrown and trash-ridden lots.
8 Jan 2024
Kosciusko Street House Leveled by Land Bank
The Manistee County Land Bank has demolished a long-vacant, blighted house after it was determined to be too damaged for renovation.
8 Jan 2024
Homeowners Find Ways to Overcome Delinquency – CoreLogic
Mortgage delinquency rates have remained “exceptionally solid” thanks to a rebound in home equity gains, according to CoreLogic.
8 Jan 2024
Organization Working to Clear Out Vacant Homes Across Montgomery County
The Montgomery County Land Bank hopes to continue their mission of demolishing vacant, blighted homes after tearing down more than 200 vacant properties last year.
4 Jan 2024
Owners of Vacant Property in Phoenix Must Now Register with the City
The Phoenix Neighborhood Services Department’s Vacant Property Registry opened January 1, requiring some vacant property owners to register with the city.
2 Jan 2024
30 US Cities with the Most Foreclosures in 2023
In this article, we will take a look at the 30 US cities with the most foreclosures in 2023.
28 Dec 2023
Fannie and Freddie Serious Delinquencies in November
Fannie and Freddie single-family serious delinquencies were mostly unchanged in November, however, multi-family delinquencies increased.
27 Dec 2023
ICE First Look at November Mortgage Performance: Delinquencies Historically Low Despite Seasonal Rise
ICE reported on November 2023 month-end mortgage performance statistics derived from its loan-level database representing the national mortgage market.
21 Dec 2023
Share of Mortgage Loans in Forbearance Decreases to .26% in November
MBA’s monthly Loan Monitoring Survey revealed that the total number of loan now in forbearance decreased to .26% as of November 30, 2023.
18 Dec 2023
OCC Reports Mortgage Performance for Third Quarter of 2023
The OCC has released the third quarter 2023 Mortgage Metrics Report, detailing the performance of first-lien mortgages in the federal banking system.
12 Dec 2023