Archives For: Industry Alert
FEMA Major Disaster Declaration – Rosebud Sioux Tribe Severe Winter Storms and Snowstorm
FEMA has issued a Major Disaster Declaration for the Rosebud Sioux Tribe in areas affected by severe winter storms and snowstorm from December 12-25, 2022.
20 Feb 2023
FEMA Major Disaster Declaration – Oglala Sioux Tribe Severe Winter Storms and Snowstorm
FEMA has issued a Major Disaster Declaration for the Oglala Sioux Tribe in areas affected by severe winter storms and snowstorm from December 12-25, 2022.
20 Feb 2023
Fannie REO Inventory Increased in Q4; Expected to Increase Further in 2023
Fannie Mae reported that REO inventory increased 23% over Q4 2021 at the end of Q4 2022.
20 Feb 2023
Delinquency Rate for Mortgage Loans on the Rise – MBA
Mortgage Bankers Associated reported that delinquency rates for loans on residential properties increased at the end of 2022 amid economic headwinds and inflationary pressures.
17 Feb 2023
Freddie Mac Announces 2022 SHARP Award Winners
Freddie Mac announced the winners of the 2022 Servicer Honors and Rewards Program (SHARP), which annually recognizes mortgage loan Servicers for quality servicing, risk management and sustainable homeownership.
16 Feb 2023
Fannie Mae Honors 22 High-Performing Mortgage Servicers
Fannie Mae announced the winners of the 2022 Servicer Total Achievement and Rewards (STAR), which annually recognizes mortgage servicers for competency, capacity, and overall performance.
16 Feb 2023
FHFA Requests Input on Enterprise Single-Family Social Bond Program
FHFA has issued a Request for Input on Fannie Mae and Freddie Mac’s social bond policy.
16 Feb 2023
Texas City Commission Approves $100K for Razing Unsafe Eyesores
City leaders in Texas City, TX approved $100K from the Texas City Economic Development Corp. budget to fund demolition of substandard, unattractive structures.
16 Feb 2023
U.S. Foreclosure Activity in January 2023 Continues to Increase Annually for 21 Consecutive Months
ATTOM has released the January 2023 U.S. Foreclosure Market Report, which shows foreclosure filings up 36% from a year ago, and 2% from a month ago.
9 Feb 2023
HUD Secretary Announces Major Milestone of Assisting Nearly 2 Million Homeowners Stay in their Homes
HUD Secretary Marcia L. Fudge announced that, thanks to FHA programs, approximately 2 million homeowners with FHA mortgages were able to stay in their homes from the beginning of the COVID-19 pandemic through December 2022.
8 Feb 2023