Archives For: Industry Alert
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
Share of Mortgage Loans in Forbearance Decreases to .23% in December
MBA’s monthly Loan Monitoring Survey revealed the total number of loans in forbearance decreased to .23% as of December 31, 2023.
22 Jan 2024
How One Ohio City is Tackling Urban Blight
The Trumball Neighborhood Partnership has spent the past decade tackling blight in the city of Warren by demolishing and renovating vacant homes.
22 Jan 2024
Positively St. Louis: The Land Reutilization Authority Converting Abandoned Properties to Productive Use
The St. Louis Land Reutilization Authority is responsible for the stewardship and sale of nearly 10,000 previously abandoned buildings in the city.
19 Jan 2024
Transforming Unlivable Properties into Thriving Homes
A new lending program titled DASH in Baltimore is providing special interest rates for developers looking to renovate vacant, blighted homes.
18 Jan 2024