Archives For: Industry Update
Zombie Foreclosures Shrink to Even Smaller Portion of the U.S. Housing Stock in Second Quarter
ATTOM released its second-quarter 2024 Vacant Property and Zombie Foreclosure Report, showing that 1.3 million residential U.S. properties sit vacant.
29 May 2024
VA Calls for Extension of Veteran Foreclosure Moratorium through Dec. 31, 2024
The Department of Veterans Affairs issued guidance asking mortgage servicers to implement a targeted moratorium on VA foreclosures through December 2024.
29 May 2024
Share of Mortgage Loans in Forbearance Remains at .22% in April
MBA’s monthly Loan Monitoring Survey revealed the total number of loans in forbearance remained unchanged as of April 30, 2024.
20 May 2024
Top 10 U.S. Counties with Greatest Numbers of Foreclosure Starts in April 2024
ATTOM dug into the April 2024 foreclosure statistics to uncover the 10 U.S. counties with the highest foreclosure rates for the month.
17 May 2024
Mortgage Delinquencies Increase Slightly in the First Quarter of 2024
According to the MBA’s National Delinquency Survey, the delinquency rate on one-to-four-unit homes increased slightly in the first quarter of 2024.
16 May 2024
Foreclosure Activity Nationwide Shows Slight Decline in April 2024
ATTOM released the April 2024 U.S. Foreclosure Market Report, showing foreclosure filings down 4% from the prior month.
15 May 2024
Statement of Director Sandra L. Thompson on the FSOC Nonbank Mortgage Servicing Report
Comments from FHFA Director Sandra L. Thompson on the Financial Stability Oversight Council report on nonbank mortgage servicing.
10 May 2024
Sam Valverde in Seat as Acting President of Ginnie Mae
Effective May 6, Sam Velverde entered the role of Acting President of Ginnie Mae following the resignation of Alanna McCargo.
9 May 2024
Fannie “Real Estate Owned” Inventory Decreased in Q1 2024
Fannie Mae reports that their “Real Estate Owned” (REO) inventory decreased 5% from the previous quarter, and 9% year-over-year.
6 May 2024
HUD Extends Additional Relief to Borrowers in Maui, HI
HUD announced it is extending its foreclosure moratorium for borrowers of FHA-insured mortgages in Maui County, HI through August 4, 2024.
6 May 2024