Archives For: Industry Updates
The Fight Against Blight in Blackford County
Hartford City, along with Build a Better Blackford, the Blackford Development Corporation, and the City’s Property Standards Board are working together to fight blight.
23 Aug 2022
Ginnie Mae’s Nonbank Servicing Share is Inching Up in ‘22
Ginnie Mae’s nonbank servicing share has increased this year based on a new evaluation of information from multi-issuer mortgage-backed securities swimming pool.
23 Aug 2022
Zombie Property Count Inches Up Again in Third Quarter of 2022 Across U.S. Amid Continued Rise in Foreclosure Activity
ATTOM’s 3rd quarter 2022 Vacant Property and Zombie Foreclosure Report revealed that the number of properties in foreclosure increased by 4.4% over 2nd quarter.
18 Aug 2022
Ginnie Mae, FHFA Releases Updated Seller/Servicer Requirements
Ginnie Mae and FHFA have issued new capital eligibility requirements for seller/servicers and issuers.
18 Aug 2022
Atlanta Mayor Andre Dickens Introduces Five New Affordable Housing Proposals
The Atlanta Mayor’s Affordable Housing Strike Force unveiled four major initiatives to fast-track affordable housing development in the city.
17 Aug 2022
114 Housing Units in Northwest Philly Unlocked for Redevelopment
25 properties that for years have been a nuisance to the communities of Germantown and Mount Airy are on their way to redevelopment.
16 Aug 2022
Spokane Housing Crisis: Land Bank Forms to Open Up More Properties for Low-Income Housing
Spokane’s first land bank has launched with promises to free up more land for affordable housing across the city.
12 Aug 2022
Mortgage Delinquency Rate Falls to 43-Year Low
The delinquency rate for residential mortgage loans has fallen to it’s lowest level since 1979, falling even lower than the previous pre-pandemic numbers.
12 Aug 2022
Mortgage Delinquencies Decrease in the Second Quarter of 2022
MBA reports that the delinquency rate for mortgage loans on one-to-four unit residential properties has decreased in the second quarter.
11 Aug 2022
FHFA Announces Mortgage Servicer Requirements for Maintaining Fair Lending Data
FHFA announced that Fannie Mae and Freddie Mac will require mortgage servicers to maintain certain elements of fair lending data throughout the loan term.
11 Aug 2022