Archives For: Industry Updates
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
Louisville Metro Government Says It’s Making Progress on City’s Vacant, Abandoned Properties
Louisville Metro Government said it’s making progress on vacant and abandoned properties across the city.
11 Aug 2022
New Program to Fix Dilapidated Properties Proposed
A new program to purchase dilapidated properties, fix them up, and then sell them to first-time homeowners is beginning in Jamestown, NY.
10 Aug 2022
New Leader of Blight Authority of Memphis Excited for Revitalization
The new executive director of the Blight Authority of Memphis has a new vision for tackling the decades old blight fight throughout the city.
10 Aug 2022
U.S. Foreclosure Activity Drops 4 Percent in July 2022
The latest ATTOM U.S. Foreclosure Market Report shows that foreclosure filings have dropped approximately 4 percent from a month ago.
9 Aug 2022
The Place with the Most Vacant Homes in America, According to Data
According to data from the U.S. Census Bureau 2019 American Community Survey, these 50 metro areas have the most unoccupied homes.
7 Aug 2022