Archives For: Industry Update
OCC Reports Improvement in Overall Mortgage Performance
OCC reported that the performance of first-lien mortgages in the federal banking system improved during the first quarter of 2022.
27 Jun 2022
Black Knight’s First Look: Another Record Low for Delinquencies
Per Black Knight’s May 2022 report, American’s with mortgage payments are making them with record-setting regularity.
24 Jun 2022
Macon Land Bank Authority Seeking Buyers to Turn Blighted Properties into New Homes
The Macon-Bibb County Land Bank Authority held an information session on Thursday about residents purchasing vacant or blighted properties.
23 Jun 2022
Housing Affordability Hits 15-Year Low as Prices, Mortgage Rates Rise
Ballooning mortgage costs, driven by high prices and mortgage rates, have made mortgages less affordable than at any time since at least 2007.
21 Jun 2022
Virginia Launches World’s Biggest 3D-Printed Housing Project
The world’s biggest 3D-printed housing project includes plans to build 200 houses in rural Virginia to combat the affordable housing crisis.
21 Jun 2022
CFPB Report: Many Borrowers Still Behind on Mortgage Payments After COVID-19 Forbearance
A report from the CFPB revealed many homeowners are struggling to make mortgage payments after exiting Covid-19 forbearance.
17 Jun 2022
As Birmingham Turns Blight into Affordable Housing, Residents Return
As Birmingham turns blighted areas within the city into new residential housing, residents return to the neighborhood.
15 Jun 2022
U.S. Foreclosure Activity Increases Slightly in May 2022
ATTOM released its May 2022 US Foreclosure Market Report showing foreclosure filings up 1% from a month ago, and 185% from a year ago.
14 Jun 2022
FHFA Releases GSE’s Equitable Housing Finance Plans for 2022-2024
The Federal Housing Finance Agency has released Fannie Mae’s and Freddie Mac’s Equitable Housing Finance Plans for 2022-2024.
8 Jun 2022
Mortgage Demand Falls to the Lowest Level in 22 Years
According to the Mortgage Bankers Association, demand for mortgages have fallen to the lowest level in 22 years.
8 Jun 2022