Archives For: Industry Alert
Freddie Mac Multifamily’s Targeted Affordable Housing Loans Increased by Nearly 60% in 2022
In a year marked by record rent inflation and a rental housing supply crisis, Freddie Mac Multifamily prioritized its affordable housing mission, exceeding goals by totaling over $73 billion in production volume.
18 Jan 2023
Fannie Mae Selects Five Proposals to Help Advance Racial Equity in Housing through a $5 Million Innovation Challenge
Fannie Mae announced the selection of five organizations to receive deliverable-based contracts under the Sustainable Communities Innovation Challenge, a nationwide competition to advance racial equity in housing.
18 Jan 2023
Serious Delinquency Rates for All Mortgage Loan Types Continue to Fall
The nation’s overall mortgage delinquency rates have improved significantly over the last year, according to the latest CoreLogic Loan Performance Insights Report.
18 Jan 2023
FEMA Major Disaster Declaration – Georgia Severe Weather
FEMA has issued a Major Disaster Declaration for areas of the state of Georgia affected by severe weather on January 12, 2023.
16 Jan 2023
FEMA Major Disaster Declaration – Alabama Severe Storms, Straight-line Winds, and Tornadoes
FEMA has issued a Major Disaster Declaration for areas of the state of Alabama affected by severe storms, straight-line winds, and tornadoes on January 12, 2023.
15 Jan 2023
Gloversville Getting Tough on Blighted Properties
The city of Gloversville, NY will now require owners of vacant buildings destroyed by fire damage to either reimburse the city for the cost of demolition or allow the city to take ownership of the property.
15 Jan 2023
FEMA Major Disaster Declaration – California Severe Winter Storms, Flooding, Landslides, and Mudslides
FEMA has issued a Major Disaster Declaration for areas of the state of California affected by severe winter storms, flooding, landslides, and mudslides beginning December 27, 2022 and continuing.
14 Jan 2023
PHFA Celebrates 50 Years of Creating Affordable Housing in Pennsylvania
In 2023, the Pennsylvania Housing Finance Agency is celebrating its fiftieth year of helping Pennsylvanians find and keep affordable, stable housing.
13 Jan 2023
Top 10 Zips with Highest Foreclosure Rates in 2022
According to ATTOM’s just released Year-End 2022 U.S. Foreclosure Market Report, foreclosure filings were reported on 324,237 U.S. properties in 2022, up 115% since 2021.
13 Jan 2023
FEMA Major Disaster Declaration – Washington Severe Winter Storm, Straight-line Winds, Flooding, Landslides, and Mudslides
FEMA has issued a Major Disaster Declaration for areas of the state of Washington affected by a severe winter storm, straight-line winds, flooding, landslides, and mudslides from November 3-8, 2022.
12 Jan 2023