Archives For: Industry Alert
ICE First Look at Mortgage Performance: Delinquencies Improved Seasonally in March
ICE released its March 2025 First Look report, revealing that while delinquency rates have edged up, they remain below pre-pandemic levels.
24 Apr 2025
FEMA Major Disaster Declaration – Kentucky Severe Storms, Straight-line Winds, Tornadoes, Flooding, Landslides, and Mudslides
FEMA has issued a Major Disaster Declaration for areas of Kentucky affected by severe storms, straight-line winds, tornadoes, flooding, landslides, and mudslides beginning April 2, 2025 and continuing.
24 Apr 2025
FEMA Fire Management Assistance Declaration – New Jersey Jones Road Fire
FEMA has issued a Fire Management Assistance Declaration for the state of New Jersey in areas affected by the Jones Road Fire on April 22, 2025.
24 Apr 2025
Tornado Victims Blocked from Federal Recovery Aid After Trump Denied Request
President Trump has rejected the state of Arkansas’s request to declare a major disaster after a deadly tornado outbreak in March.
23 Apr 2025
FEMA Losing Roughly 20% of Permanent Staff, Including Longtime Leaders, Ahead of Hurricane Season
Just weeks before hurricane season, about 20% of FEMA’s permanent staff are expected to take a voluntary buyout as part of DOGE’s staff reduction efforts.
23 Apr 2025
Share of Mortgage Loans in Forbearance Decreases Slightly to .36% in March
MBA’s monthly Loan Monitoring Survey for March 2025 revealed the total number of loans in forbearance decreases to by 2 basis points to .36%.
21 Apr 2025
Columbus Creating Vacant, Foreclosed Home Registries to Address Dangerous Eyesores
The city of Columbus is moving forward with creating registries to track vacant and foreclosed residential properties to hold owners accountable for their upkeep.
21 Apr 2025
FEMA Fire Management Assistance Declaration – North Carolina Sam Davis Road Fire
FEMA has issued a Fire Management Assistance Declaration for the state of North Carolina in areas affected by the Sam Davis Road Fire on April 18, 2025.
20 Apr 2025
FEMA Fire Management Assistance Declaration – New Mexico Rio Grande Fire
FEMA has issued a Fire Management Assistance Declaration for the state of New Mexico in areas affected by the Rio Grande Fire on April 18, 2025.
18 Apr 2025
Detroit Land Bank Authority Marks Over 12,000 Completed Vacant Home Restorations
The Detroit Land Bank Authority joined the City of Detroit and individuals who bought DLBA homes to celebrate 12,000 vacant home restorations over the past decade.
18 Apr 2025