Archives For: Industry Alert
FEMA Major Disaster Declaration – Tennessee Severe Storms, Straight-line Winds, and Tornadoes
FEMA has issued a Major Disaster Declaration for areas of Tennessee affected by severe storms, straight-line winds, and tornadoes on December 10-11, 2021.
14 Jan 2022
FHA Expands Real-Estate Owned Property Purchase Opportunities for Owner-Occupant Buyers
The Federal Housing Administration (FHA) on Thursday announced it is increasing its exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for owner occupants, HUD-approved nonprofit organizations, and governmental entities to submit bids for the purchase of these homes before they become eligible for purchase by investors.
13 Jan 2022
U.S. Foreclosure Activity Drops to an All-Time Low in 2021
ATTOM, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), the largest online marketplace for foreclosure and distressed properties, today released its Year-End 2021 U.S. Foreclosure Market Report, which shows foreclosure filings— default notices, scheduled auctions and bank repossessions — were reported on 151,153 U.S. properties in 2021, down 29 percent from 2020 and down 95 percent from a peak of nearly 2.9 million in 2010, to the lowest level since tracking began in 2005.
13 Jan 2022
Fannie Mae Launches Free Online Education Course, Empowering Aspiring Homebuyers to Become Confident, Successful Homeowners
Fannie Mae today announced the launch of HomeView™, the company’s new online homeownership education course, to help consumers navigate the mortgage and homebuying process confidently and responsibly.
12 Jan 2022
FEMA Major Disaster Declaration – Missouri Severe Storms, Straight-line Winds, Tornadoes
FEMA has issued a Major Disaster Declaration for areas of Missouri affected by severe storms, straight-line winds, and tornadoes on December 10, 2021.
10 Jan 2022
Branford’s New Ordinance will Address Blight, but with Compassion
Branford’s first blight ordinance, which passed in 2021 and went into effect Jan. 1, is meant to address issues of rundown properties with a sympathetic approach.
8 Jan 2022
FHFA Announces Targeted Increases to Enterprise Pricing Framework
Today, the Federal Housing Finance Agency (FHFA) announced targeted increases to Fannie Mae and Freddie Mac’s (the Enterprises) upfront fees for certain high balance loans and second home loans
5 Jan 2022
FEMA Major Disaster Declaration – Washington Flooding and Mudslides
FEMA has issued a Major Disaster Declaration for areas of Washington affected by flooding and mudslides from November 13-15, 2021.
5 Jan 2022
Ginnie Mae Names First Female President
Alanna McCargo has been sworn in as Ginnie Mae’s President. She is the first Senate-confirmed President in nearly five years.
3 Jan 2022
HUD Looks Back on 2021 Accomplishments
The U.S. Department of Housing and Urban Development (HUD) this year took bold action in pursuit of the agency’s mission to create strong, sustainable, inclusive communities and quality affordable homes.
3 Jan 2022