Archives For: Industry Update
Zombie Foreclosures Remain a Small Fraction of U.S. Housing Inventory in First Quarter of 2025
ATTOM released its 1st quarter 2025 Vacant Property and Zombie Foreclosure Report, showing 1.4M residential properties in the US are vacant.
20 Feb 2025
Share of Mortgage Loans in Forbearance Decreases in January
MBA’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased to .40% in January 2025.
18 Feb 2025
Monthly U.S. Foreclosure Activity Increases in January 2025
ATTOM released its January 2025 U.S. Foreclosure Market Report, showing foreclosure filings up 8% from a month prior.
11 Feb 2025
Rodney E. Hood Announced as Acting Comptroller of the Currency
The U.S. Department of the Treasury has announced the appointment of Rodney E. Hood as Acting Comptroller of the Currency.
7 Feb 2025
Mortgage Delinquencies Increase in the Fourth Quarter of 2024
The delinquency rate increased to a seasonally adjusted rate of 3.98% in the fourth quarter of 2024, according to MBA’s National Delinquency Survey.
6 Feb 2025
Scott Turner Confirmed as Secretary of Housing and Urban Development
Scott Turner was confirmed by the United States Senate to be the 19th Secretary of the U.S. Department of Housing and Urban Development.
5 Feb 2025
Freddie Mac Announces 2024 SHARP Award Winners
Freddie Mac recognized the nine winners of its 2024 SHARP Awards, which recognizes mortgage loan servicers for superior portfolio performance.
4 Feb 2025
Fannie and Freddie: Single Family Serious Delinquency Rates Increased in December
Fannie Mae and Freddie Mac have both reported that the single-family serious delinquency rate increased in December.
4 Feb 2025
Trump Names Treasury Secretary Scott Bessent Acting Director of CFPB
President Trump appointed Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau.
3 Feb 2025
Mortgage Delinquencies Basically Flat in December but Foreclosure Starts Jumped
ICE reports the national mortgage delinquency rate decreased .6% from November to December 2024 but increased 4% over the previous year.
27 Jan 2025