Archives For: Industry Alert
Share of Mortgage Loans in Forbearance Decreases to .60% in February
The MBA monthly Loan Monitoring Survey revealed that the forbearance rate fell across all investor types in February.
20 Mar 2023
Mortgage Giant Fannie Mae Tackles Climate Risk, but Changes to Underwriting May Take Several Years
Fannie Mae looks to incorporate climate risk into its underwriting practices to account for climate change.
20 Mar 2023
FEMA Major Disaster Declaration – Vermont Severe Storm and Flooding
FEMA has issued a Major Disaster Declaration for the state of Vermont to supplement state, tribal and local recovery efforts in areas affected by a severe storm and flooding from December 22-24, 2022.
20 Mar 2023
HUD Restores “Discriminatory Effects” Rule
HUD has announced plans to rescind the 2020 Fair Housing Act rule and restore the 2013 policy to eradicate discriminatory practices in the housing market.
17 Mar 2023
Talladega’s Revitalization Project Demolishing more than 30 Abandoned, Dilapidated Homes
The city of Talladega, Alabama is using funds from the Community Development Block Grant to demolish dozens of abandoned, dilapidated homes.
16 Mar 2023
TNP Partners with Warren to Demolish 100+ Vacant Properties
Trumball Neighborhood Partnership has partnered with the city of Warren, Ohio to demolish more than 100 vacant properties throughout the city.
16 Mar 2023
Wounded Former U.S. Army Specialist Gets Mortgage-Free Home in Ohio
The Military Warriors Support Foundation has gifted a mortgage-free home to a military veteran moving from Colorado to Ohio.
16 Mar 2023
FEMA Major Disaster Declaration – New Hampshire Severe Storm and Flooding
FEMA has issued a Major Disaster Declaration for the state of New Hampshire to supplement state, tribal and local recovery efforts in areas affected by a severe storm and flooding from December 22-25. 2022.
15 Mar 2023
FEMA Major Disaster Declaration – New York Severe Winter Storm and Snowstorm
FEMA has issued a Major Disaster Declaration for the state of New York to supplement state and local recovery efforts in areas affected by a severe winter storm and snowstorm from December 23-28. 2022.
15 Mar 2023
Mt. Sterling Working to Tear Down Deteriorated Homes
A program in Mt. Sterling, Kentucky is geared toward tearing down deteriorated homes.
14 Mar 2023