Archives For: Industry Alert
Governor Moore Announces Historic State Funding to Accelerate Rehabilitation of Vacant Buildings and Create More Affordable Housing in Baltimore City
Gov. Moore announced $50.8M in awards through Baltimore Vacants Reinvestment Initiative to revitalize Baltimore’s neighborhoods by reducing vacant buildings.
17 Dec 2024
Q3 Update: Delinquencies, Foreclosures and REO
CalculatedRisk Newsletter reports that we will not see a surge in foreclosures that would significantly impact house prices for two key reasons.
13 Dec 2024
Birmingham Land Bank Authority Cuts Ribbon on a Home for the Holidays
Birmingham Land Bank Authority held a ribbon cutting ceremony to celebrate a new affordable housing neighborhood in Fountain Heights.
13 Dec 2024
HUD Extends Foreclosure Moratoriums in Areas Devastated by Hurricanes Helene and Milton
FHA announced it is extending its foreclosure moratoriums in FEMA-declared disaster areas affected by Hurricanes Helene and Milton through April 11, 2025.
11 Dec 2024
CoreLogic: US Overall Delinquency Rate Continues to Trend Upward in 2024
CoreLogic released its Loan Performance Insights Report for September 2024 showing 3% of all US mortgages were in some stage of delinquency.
11 Dec 2024
FEMA Fire Management Assistance Declaration – California Franklin Fire
FEMA has issued a Fire Management Assistance Declaration for the state of California in areas affected by the Franklin Fire on Dec. 9, 2024.
10 Dec 2024
FEMA Major Disaster Declaration – West Virginia Post-tropical Storm Helene
FEMA has issued a Major Disaster Declaration for areas of West Virginia affected by Post-tropical Storm Helene from Sept. 25-28, 2024.
9 Dec 2024
Foreclosure Filings Ease Nationwide in November 2024 Amid Seasonal Influences
ATTOM reports that foreclosure filings in November 2024 were down 9% from the previous year and 5% from the previous month.
9 Dec 2024
Fulton Seeks Block Grant Funds to Demolish 36 Dangerous Vacant Properties
The city of Fulton announced that it will request funds from Community Development Block Grants to demo 36 dangerous, vacant buildings.
4 Dec 2024
89 Condemned Properties in Terre Haute have been Demolished This Year So Far
Terre Haute has taken down 89 condemned buildings so far this year, helping to address blight and improve neighborhoods throughout the city.
4 Dec 2024