Archives For: Industry Update
Fannie “Real Estate Owned” Inventory Decreased Q4 2023
Fannie Mae reports the number of REOs decreased to 8.403 at the end of 2023, down 4% from the end of Q4 2022.
15 Feb 2024
Freddie Mac Announces 2023 SHARP Award Winners
Freddie Mac announces the nine winners of the 2023 SHARP program, which recognizes mortgage loan servicers for superior portfolio performance.
15 Feb 2024
U.S. Foreclosure Activity Sees Notable Increase in January 2024
ATTOM has released its January 2024 U.S. Foreclosure Market Report, showing foreclosure filings up 5% from a year ago.
13 Feb 2024
Fannie Mae Recognizes 32 High-Performing Mortgage Servicers
Fannie Mae announced its 2023 STAR Program results, recognizing 32 mortgage servicers for competency, capacity and overall performance.
12 Feb 2024
Mortgage Delinquencies Increase in the Fourth Quarter of 2023
The Mortgage Bankers Association reports the mortgage delinquency rate increased to 3.88% of all loans in the fourth quarter of 2023.
8 Feb 2024
FHFA Unveils 2024 Scorecard for Fannie Mae, Freddie Mac
FHFA recently released its 2024 Scorecard, outlining strategic objectives for Fannie Mae, Freddie Mac and their joint venture, CSS.
6 Feb 2024
Fannie and Freddie: Single Family Serious Delinquency Rate Increased Slightly, Multi-family Unchanged in December
Fannie Mae and Freddie Mac single-family delinquencies increased slightly in December while multi-family delinquencies remained unchanged.
30 Jan 2024
ICE Report: December 2023 Delinquency Rate Hits 3.57%
In December 2023, the national delinquency rate experienced a slight increase, reaching 3.57% according to the ICE mortgage performance report.
24 Jan 2024
Share of Mortgage Loans in Forbearance Decreases to .23% in December
MBA’s monthly Loan Monitoring Survey revealed the total number of loans in forbearance decreased to .23% as of December 31, 2023.
22 Jan 2024
Top 10 ZIPS with Highest Foreclosure Rates in 2023
ATTOM’s 2023 Year-End U.S. Foreclosure Market Report analyzed the top 10 zip codes with the highest rates of foreclosure in 2023.
12 Jan 2024