Archives For: Industry Alert
Fannie Mae Recognizes 32 High-Performing Mortgage Servicers
Fannie Mae announced its 2023 STAR Program results, recognizing 32 mortgage servicers for competency, capacity and overall performance.
12 Feb 2024
FEMA Major Disaster Declaration – Michigan Severe Storms, Tornadoes, and Flooding
FEMA has issued a Major Disaster Declaration for the state of Michigan in areas affected by severe storms, tornadoes and flooding from Aug. 24-26, 2023.
8 Feb 2024
Mortgage Delinquencies Increase in the Fourth Quarter of 2023
The Mortgage Bankers Association reports the mortgage delinquency rate increased to 3.88% of all loans in the fourth quarter of 2023.
8 Feb 2024
FHFA Unveils 2024 Scorecard for Fannie Mae, Freddie Mac
FHFA recently released its 2024 Scorecard, outlining strategic objectives for Fannie Mae, Freddie Mac and their joint venture, CSS.
6 Feb 2024
FEMA Major Disaster Declaration – Maine Severe Storms and Flooding
FEMA has issued a Major Disaster Declaration for the state of Maine in areas affected by a severe storm and flooding from Dec. 17-21, 2023.
30 Jan 2024
FEMA Major Disaster Declaration – West Virginia Severe Storms, Flooding, Landslides and Mudslides
FEMA has issued a Major Disaster Declaration for the state of West Virginia in areas affected by severe storms, flooding, landslides and mudslides from Aug. 28-30, 2023.
30 Jan 2024
FEMA Major Disaster Declaration – New York Severe Storm and Flooding
FEMA has issued a Major Disaster Declaration for the state of New York in areas affected by a severe storm and flooding from Sept. 28-30, 2023.
30 Jan 2024
Fannie and Freddie: Single Family Serious Delinquency Rate Increased Slightly, Multi-family Unchanged in December
Fannie Mae and Freddie Mac single-family delinquencies increased slightly in December while multi-family delinquencies remained unchanged.
30 Jan 2024
Cleveland’s Crackdown on Blight Might Hit Snag with Controversial Proposal
A plan aimed at improving Cleveland’s housing stock through a major overhaul of code enforcement was largely praised by City Council this week.
26 Jan 2024
ICE Report: December 2023 Delinquency Rate Hits 3.57%
In December 2023, the national delinquency rate experienced a slight increase, reaching 3.57% according to the ICE mortgage performance report.
24 Jan 2024