Archives For: foreclosure prevention
New FHA Head Details Plans for More Affordable Housing and Foreclosure Prevention
Newly elected FHA commissioner Julia Gordon is on a mission to help people access and retain affordable housing.
28 Jun 2022
FHFA: Foreclosure Preventions Surpass 4.2 Million in Third Quarter 2018 Report
The Federal Housing Finance Agency (FHFA) issued its third quarter 2018 Foreclosure Prevention Report.
20 Dec 2018
Foreclosure Prevention and Community Stabilization Activities Under CRA
Regulatory agencies continue to promote the preservation of affordable housing opportunities, including various disposition strategies for Real Estate Owned (REO) properties in accordance with the Community Reinvestment Act (CRA).
2 Jul 2018
HUD Awards $42 Million in Housing Counseling Grants
he U.S. Department of Housing and Urban Development (HUD) issued a press release highlighting the dispersal of several housing grants that will be used in part to prevent future foreclosures.
21 Jun 2016
Foreclosed Homeowners Shun Mortgages for Renting: Study
The Pittsburgh Post-Gazette published an article discussing recently released data from the Urban Institute’s Housing Finance Policy Center.
12 Apr 2016
Schneiderman Announces More Than $11 Million in New Funding for Statewide Foreclosure Prevention and Relief Programs
Niagara Frontier Publications posted an article discussing an announcement by New York Attorney General Eric T. Schneiderman to support the Homeowner Protection Program (HOPP) in aiding at-risk families across the state avoid foreclosure.
9 Oct 2015
Fannie Mae Utilizes Technology to Achieve Housing Goals
DS News published an article discussing various Fannie Mae technology tools that are available for servicers to aid at-risk borrowers in foreclosure prevention. These tools can be found on Fannie Mae’s new Technology Solutions webpage.
24 Sep 2015
FHFA?s Actions Increase Emphasis on Removing GSEs? Non-Performing Loans
On March 13, DS News released an article discussing the recent actions of the Federal Housing Finance Agency as an indication that it is looking to clear Fannie Mae’s and Freddie Mac’s seriously delinquent loan portfolios and focus on borrower foreclosure prevention.
19 Mar 2015
Fannie Mae SVC-2014-02 Servicing Policy Changes
On January 24, Fannie Mae issued Servicing Guide Announcement SVC-2014-02, subtitled Miscellaneous Servicing Policy Changes.
27 Jan 2014