Archives For: Industry Update
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
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
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
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
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
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
U.S. Foreclosure Activity Doubles Annually but Still Below Pre-Pandemic Levels
ATTOM released its Year-End 2022 U.S. Foreclosure Market Report, showing foreclosures were up 115% from 2021 but down 34% from 2019, before the pandemic shook up the market.
12 Jan 2023
Black Knight Announces the Developer Portal, a Comprehensive Catalog of APIs to Enhance Integration and Efficiency for Clients
Black Knight has announced the launch of its new Developer Portal, allowing clients, third-party providers and their developers access to the company’s catalog of application program interfaces across the mortgage life cycle.
12 Jan 2023