Archives For: Industry Updates

4 Vacant Grand Rapids Homes Could be Rehabilitated into Affordable Housing

4 vacant homes in Grand Rapids, MI would see new life under plans to rehabilitate them and offer them to families earning less than the median area income.

11 Jul 2023

FHFA Sets Higher Standards for Suspended Counterparty Program

FHFA has issued a proposed rule that would make it easier to put individuals and institutions into its Suspended Counterparty Program.

10 Jul 2023

Battling Blight: Wichita Plans to Spend More to Deal with Unsightly, Unsafe Properties

Wichita, KS plans to allocate more funds to address blight throughout the city by demolishing structures deemed dangerous and unsafe.

9 Jul 2023

In Hartford’s North End, from Blight to Beautiful

The Hartford Land Bank celebrated its first full renovation of a vacant, blighted home in the community with a ribbon cutting ceremony.

7 Jul 2023

Melbourne Tech Company Crumbles: ProChamps Files for Liquidation

ProChamps has announced that it is filing as an assignee for the benefit of creditors, also known as an ABC.

29 Jun 2023

Mortgage Application Payments Increased 2.5% to $2,165 in May

MBA reported homebuyer affordability decreased further in May as the national median mortgage payment increased by 2.5% to $2,165.

29 Jun 2023

Black Knight: “Past-Due Mortgages Approach Recent Record Lows” in May

Black Knight’s First Look report shows the percentage of delinquent loans decreased by 6% in May compared to April.

23 Jun 2023

FHFA Releases 1st Quarter 2023 Foreclosure Prevention and Refinance Report

FHFA has released its first quarter 2023 Foreclosure Prevention and Refinance Report, showing the Enterprises completed more than 58,000 foreclosure prevention actions.

23 Jun 2023

HUD Introduces Office of Manufactured Housing Programs as New, Independent Office within Housing

HUD announced that it has created a new Office of Manufactured Housing Programs as an independent office reporting to Assistant Secretary Julia Gordon.

22 Jun 2023

HUD Awards more than $14.4 Million in Housing Counseling Grants

HUD’s Office of Housing Counseling has awarded more than $14 million in housing counseling grant funding to 180 housing counseling organizations.

21 Jun 2023

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