Archives For: Industry Alert
ATTOM Integrates Propensity to Default Analytics into its Vast U.S. Property Data Warehouse
ATTOM announced it has integrated propensity to default analytics into its U.S. property data warehouse, allowing for enhanced market intelligence to predict the likelihood of a household going into foreclosure.
7 Feb 2023
Baltimore City Council Considering Fees for Vacant Property Owners Who Receive 311 Requests
Baltimore City Council is considering establishing fees for vacant property owners who receive 311 requests against their properties.
7 Feb 2023
FEMA Major Disaster Declaration – North Dakota Severe Winter Storm, Snowstorm, and Straight-line Winds
FEMA has issued a Major Disaster Declaration for the state of North Dakota to supplement state, tribal and local recovery efforts in areas affected by a severe winter storm, snowstorm and straight-line winds from Nov. 9-11, 2022.
5 Feb 2023
Proposed Bill Would Ban Use of Plywood for Boarding in New York
New York Senate Bill 3369, introduced 1/31/23, would ban the use of plywood, wood composite, wood veneer, or similar wood-based products to secure properties that are deemed vacant or abandoned.
31 Jan 2023
Federal Housing Administration Expands Assistance Options for Borrowers Struggling to Make Mortgage Payments
FHA has announced it is expanding and enhancing its set of loss mitigation options used to help borrowers struggling to make mortgage payments on FHA-insured loans.
30 Jan 2023
‘The Wreckage of Decades’: The Fight to Fix Nearly 1K Vacant Properties in Albany
The city of Albany and the Albany County Land Bank are working together to address vacant, blighted properties through both renovation and demolition.
28 Jan 2023
FEMA Fire Management Assistance Declaration – Oregon Cedar Creek Fire
FEMA has issued a Fire Management Assistance Declaration for areas of the state of Oregon affected by the Cedar Creek Fire beginning September 9, 2022 and continuing.
27 Jan 2023
HUD Announces Over 100,000 Families & Individuals Housed Through “House America” Homelessness Initiative
HUD Secretary Marcia L. Fudge announced that states, municipalities, and tribes who joined House America have housed more than 100,000 households experiencing homelessness and added over 40,000 affordable housing units into development.
26 Jan 2023
Share of Mortgage Loans in Forbearance Remains Flat at .7% in December
Mortgage Bankers Association Monthly Loan Monitoring Survey revealed the total number of loans in forbearance remained flat relative to the previous month as of December 31, 2022.
23 Jan 2023
FHFA Announces Updates to the Enterprises’ Single-Family Pricing Framework
FHFA has announced further changes to Fannie Mae’s and Freddie Mac’s single-family pricing framework by introducing redesigned and recalibrated upfront fee matrices for purchases, rate-term refinance, and cash-out refinance loans.
19 Jan 2023