Archives For: Industry Updates
Delinquency Rate for Mortgage Loans on the Rise – MBA
Mortgage Bankers Associated reported that delinquency rates for loans on residential properties increased at the end of 2022 amid economic headwinds and inflationary pressures.
17 Feb 2023
Freddie Mac Announces 2022 SHARP Award Winners
Freddie Mac announced the winners of the 2022 Servicer Honors and Rewards Program (SHARP), which annually recognizes mortgage loan Servicers for quality servicing, risk management and sustainable homeownership.
16 Feb 2023
Fannie Mae Honors 22 High-Performing Mortgage Servicers
Fannie Mae announced the winners of the 2022 Servicer Total Achievement and Rewards (STAR), which annually recognizes mortgage servicers for competency, capacity, and overall performance.
16 Feb 2023
FHFA Requests Input on Enterprise Single-Family Social Bond Program
FHFA has issued a Request for Input on Fannie Mae and Freddie Mac’s social bond policy.
16 Feb 2023
Texas City Commission Approves $100K for Razing Unsafe Eyesores
City leaders in Texas City, TX approved $100K from the Texas City Economic Development Corp. budget to fund demolition of substandard, unattractive structures.
16 Feb 2023
City Leaders Discuss Plans to Expand Affordable Housing
City leaders in Columbia, SC are planning to build on existing resources to provide new affordable housing.
15 Feb 2023
Mason City Approves Vacant Building Registration in Effort to Combat Blight
The Mason City Council has approved a new ordinance requiring the registration of vacant commercial properties.
14 Feb 2023
U.S. Foreclosure Activity in January 2023 Continues to Increase Annually for 21 Consecutive Months
ATTOM has released the January 2023 U.S. Foreclosure Market Report, which shows foreclosure filings up 36% from a year ago, and 2% from a month ago.
9 Feb 2023
HUD Secretary Announces Major Milestone of Assisting Nearly 2 Million Homeowners Stay in their Homes
HUD Secretary Marcia L. Fudge announced that, thanks to FHA programs, approximately 2 million homeowners with FHA mortgages were able to stay in their homes from the beginning of the COVID-19 pandemic through December 2022.
8 Feb 2023
ATTOM Integrates Propensity to Default Analytics into its Vast U.S. Property Data Warehouse
ATTOM announced it has integrated propensity to default analytics into its U.S. property data warehouse, allowing for enhanced market intelligence to predict the likelihood of a household going into foreclosure.
7 Feb 2023