Archives For: Industry Update
FHFA Takes Further Steps to Reduce Loan Repurchase Requests
FHFA is taking further action to reduce repurchase requests from Fannie Mae and Freddie Mac, which first spiked in 2022 and remained elevated in 2023.
16 Oct 2023
Share of Mortgage Loans in Forbearance Decreases to .31% in September
The MBA’s Monthly Loan Monitoring Survey revealed the total number of loans now in forbearance decreased by 2 basis points as of September 30, 2023.
16 Oct 2023
Mortgage Lenders Can Now Count Income from ADUs When Underwriting FHA Loans
Mortgage lenders can now count income from accessory dwellings when underwriting FHA loans to help households maximize the potential benefits of homeownership.
16 Oct 2023
U.S. Foreclosure Activity Shows Continued Rise in Third Quarter
ATTOM released its Q3 2023 U.S. Foreclosure Market Report, showing foreclosure filings up 28% from the previous month and 34% from a year ago.
12 Oct 2023
OCC Reports Mortgage Performance for Second Quarter of 2023
The OCC reported on the performance of first-lien mortgages in the federal banking system during the second quarter of 2023.
27 Sep 2023
Mortgage Delinquency Rates May be Bottoming Out – Black Knight
Black Knight’s latest report suggests that delinquency rates may be nearing cycle lows as early-stage delinquencies continue to increase.
25 Sep 2023
FHFA Releases 2nd Quarter 2023 Foreclosure Prevention and Refinance Report
FHFA released its 2nd quarter 2023 Foreclosure Prevention and Refinance Report, showing the Enterprises completed 47K prevention actions during the quarter.
21 Sep 2023
HUD Earns Smart Energy Decisions’ 2023 Diversity, Equity and Inclusion Award
HUD’s Office of Public Housing, Energy Branch has received the Smart Energy Decisions’ 2023 Diversity, Equity and Inclusion Award.
20 Sep 2023
Share of Mortgage Loans in Forbearance Decreased to .33% in August
The MBA monthly Loan Monitoring Survey revealed that the total number of loans in forbearance decreased to .33% in August 2023.
18 Sep 2023
Top 10 US Housing Markets Least At-Risk of Declines in Q2 2023
ATTOM’s Q2 2023 Special Housing Risk Report shows that New Jersey and Illinois have the highest concentrations of the most-at-risk markets.
15 Sep 2023