Archives For: Industry Updates
Cleveland’s Crackdown on Blight Might Hit Snag with Controversial Proposal
A plan aimed at improving Cleveland’s housing stock through a major overhaul of code enforcement was largely praised by City Council this week.
26 Jan 2024
ICE Report: December 2023 Delinquency Rate Hits 3.57%
In December 2023, the national delinquency rate experienced a slight increase, reaching 3.57% according to the ICE mortgage performance report.
24 Jan 2024
Share of Mortgage Loans in Forbearance Decreases to .23% in December
MBA’s monthly Loan Monitoring Survey revealed the total number of loans in forbearance decreased to .23% as of December 31, 2023.
22 Jan 2024
How One Ohio City is Tackling Urban Blight
The Trumball Neighborhood Partnership has spent the past decade tackling blight in the city of Warren by demolishing and renovating vacant homes.
22 Jan 2024
Positively St. Louis: The Land Reutilization Authority Converting Abandoned Properties to Productive Use
The St. Louis Land Reutilization Authority is responsible for the stewardship and sale of nearly 10,000 previously abandoned buildings in the city.
19 Jan 2024
Transforming Unlivable Properties into Thriving Homes
A new lending program titled DASH in Baltimore is providing special interest rates for developers looking to renovate vacant, blighted homes.
18 Jan 2024
Affordable Housing Lot Program Faces Hurdles, Changes
St. Pete administrators are revamping the city’s Affordable Lot Disposition Program to increase attainable homeownership opportunities.
15 Jan 2024
Top 10 ZIPS with Highest Foreclosure Rates in 2023
ATTOM’s 2023 Year-End U.S. Foreclosure Market Report analyzed the top 10 zip codes with the highest rates of foreclosure in 2023.
12 Jan 2024
U.S. Foreclosure Activity Increases from 2022 but Still Below Pre-Pandemic Levels
ATTOM released its Year-End 2023 US Foreclosure Market Report, showing foreclosure filings up 10% from 2022 but still below pre-pandemic levels.
11 Jan 2024
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