Archives For: Industry Alert
House Members Introduce ‘Neighborhood Homes Investment Act’ to Expand Affordable Homeownership Opportunities
Representatives from PA and NY introduced legislation to create a new tax incentive that would produce 500,000 starter homes in underserved communities.
9 Jun 2023
U.S. Foreclosure Activity Sees Spike in May 2023
ATTOM, a leading curator of land, property, and real estate data, today released its May 2023 U.S. Foreclosure Market Report, which shows there were a total of 35,196 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 7 percent from a month ago and up 14 percent from a year ago.
8 Jun 2023
Freddie Mac Adds Affordable Housing Program for Native Americans
Freddie Mac launched a new mortgage product titled HeritageOne to support members of Native American communities.
8 Jun 2023
City, County Weigh Land Bank Proposal
Tifton and Tift County are joining together to find a solution to tackling vacant, abandoned properties in the Tift area.
5 Jun 2023
FEMA Major Disaster Declaration – Commonwealth of the Northern Mariana Islands Typhoon Mawar
FEMA has issued a Major Disaster Declaration for the Commonwealth of the Northern Mariana Islands for areas affected by Typhoon Mawar beginning May 22, 2023 and continuing.
2 Jun 2023
FHA Proposes Innovative Approach to Keep Struggling Homeowners in their Homes
FHA announced a proposal for a new home retention option to help struggling homeowners meet their mortgage obligations.
31 May 2023
What Can Fort Worth Learn from Other Land Banks Across the Country?
The city of Fort Worth is considering creating a land bank in an effort to address the need for more affordable housing.
30 May 2023
PA House Panel Approves Blight-Fighting Bill, Heads to Floor
Legislation that would help communities across Pennsylvania fight flight is headed for the House floor.
27 May 2023
FEMA Major Disaster Declaration – Guam Typhoon Mawar
FEMA has issued a Major Disaster Declaration for the territory of Guam in areas affected by Typhoon Mawar beginning May 22, 2023 and continuing.
25 May 2023
FEMA Major Disaster Declaration – Soboba Band of Luiseno Indians Severe Storm and Flooding
FEMA has issued a Major Disaster Declaration for the Soboba Indian Reservation in California to supplement tribal recovery efforts in areas affected by a severe storm and flooding from March 11-16, 2023.
25 May 2023