Archives For: Industry Alert
Sam Valverde in Seat as Acting President of Ginnie Mae
Effective May 6, Sam Velverde entered the role of Acting President of Ginnie Mae following the resignation of Alanna McCargo.
9 May 2024
Fannie “Real Estate Owned” Inventory Decreased in Q1 2024
Fannie Mae reports that their “Real Estate Owned” (REO) inventory decreased 5% from the previous quarter, and 9% year-over-year.
6 May 2024
HUD Extends Additional Relief to Borrowers in Maui, HI
HUD announced it is extending its foreclosure moratorium for borrowers of FHA-insured mortgages in Maui County, HI through August 4, 2024.
6 May 2024
FEMA Major Disaster Declaration – Nebraska Severe Storms, Straight-line Winds, and Tornadoes
FEMA has issued a Major Disaster Declaration for the state of Nebraska in areas affected by severe storms, straight-line winds and tornadoes from April 25-27, 2024.
3 May 2024
FEMA Major Disaster Declaration – Ohio Tornadoes
FEMA has issued a Major Disaster Declaration for the state of Ohio in areas affected by tornadoes on March 14, 2024.
2 May 2024
HUD Issues Fair Housing Act Guidance on Applications of Artificial Intelligence
HUD released two guidance documents addressing of the Fair Housing Act to two area in which the use of artificial intelligence poses concerns.
2 May 2024
New Maryland Bill Gives Baltimore Leaders New Tool to Fight Vacant Property Crisis
A new Maryland bill will allow local jurisdictions to tax vacant properties at a higher rate, allowing cities to foreclose on more vacant homes.
1 May 2024
FEMA Major Disaster Declaration – Oklahoma Severe Storms, Straight-line Winds, Tornadoes, and Flooding
FEMA has issued a Major Disaster Declaration for the state of Oklahoma in areas affected by severe storms, straight-line winds, tornadoes, and flooding beginning April 25, 2024 and continuing.
30 Apr 2024
Fitchburg Vacant Property Registration Requirement Now Live
The Fitchburg Vacant Property Registry, designed to help the city tackle the issue of blighted, disused, and abandoned properties is now live.
30 Apr 2024
FEMA Major Disaster Declaration – Washington Severe Winter Storms, Straight-line Winds, Flooding, Landslides, and Mudslides
FEMA has issued a Major Disaster Declaration for the state of Washington in areas affected by severe winter storms, straight-line winds, flooding, landslides and mudslides from Jan. 5-29, 2024.
28 Apr 2024