Archives For: Industry Update
FHA Removes Face-to-Face Requirement for Borrowers in Default
FHA has released a final rule that waives the HUD requirement for mortgagees to meet in-person with borrowers who are in default on their mortgage.
2 Aug 2024
HUD Showcases 3-D Printing as an Innovative Solution for Affordable Housing Supply
U.S. Department of Housing and Urban Development is working on innovative ways to boost the affordable housing supply by utilizing 3-D printing.
30 Jul 2024
Fannie and Freddie: Single Family Serious Delinquency Rate Mostly Unchanged in June, Multi-family Increased
Fannie and Freddie report that single-family serious delinquency rates were mostly unchanged in June, and multi-family serious delinquencies increased again.
29 Jul 2024
Q2 Auction Demand Slips as Retail Inventory Rises
Auction.com reports that demand for distressed REO properties sold at auction showed early signs of slipping in June 2024.
26 Jul 2024
ICE: First Look at June 2024 Mortgage Data
ICE reports that the national delinquency rate increased in June to its second highest level in the past 18 months.
22 Jul 2024
Share of Mortgage Loans in Forbearance Increases to .23% in June
MBA’s Monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance increased to .23% at the end of June 2024.
22 Jul 2024
HUD Proposed New Rule to Govern the Sale of FHA Mortgage Notes
HUD is proposing a new rule to govern the sale of seriously delinquent single family mortgage loans insured by FHA.
17 Jul 2024
Top 10 States Posting Midyear Declines in Foreclosure Filings
ATTOM outlines the top 10 U.S. states posting the greatest declines in foreclosure activity over the 6 months of 2024.
12 Jul 2024
Auction.com 2024 Seller Insights Report
Auction.com’s 2024 Seller Insights Report reports that most default servicing leaders expect a gradual increase in foreclosure volume over the second half of the year.
12 Jul 2024
Foreclosure Activity in First Half of 2024 Down from Previous Year
ATTOM has released its Midyear 2024 U.S. Foreclosure Market Report, showing there were 177,431 properties with foreclosure filings in the first half of 2024.
10 Jul 2024