Archives For: Industry Update
HUD Announces $10 Million Funding Opportunity for Community Revitalization Efforts
HUD announced a new funding opportunity through the FY24 Choice Neighborhoods Planning Grant to support planning to revitalize communities.
9 Apr 2024
CoreLogic: US Mortgage Delinquencies, Foreclosure Begin 2024 Exceptionally Low
CoreLogic released its monthly Loan Performance Insights Report showing 2.8% of all mortgages in the U.S. were in some stage of delinquency in January 2024.
28 Mar 2024
FHFA Releases 4th Quarter 2023 Foreclosure Prevention and Refinance Report
FHFA released its 4th quarter 2023 Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed over 43K prevention actions.
25 Mar 2024
First Look at February 2024 Mortgage Data
ICE reports that the national delinquency rate eased to 3.34% in February 2024, down 4 basis points from the previous month.
21 Mar 2024
Share of Mortgage Loans in Forbearance Holds Steady at .22% in February
MBA’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance remained unchanged in February 2024.
18 Mar 2024
Statement from HUD Secretary Marcia L. Fudge
HUD Secretary Marcia L. Fudge has announced her resignation, effective March 22, 2024, after nearly 5 decades in public service.
11 Mar 2024
U.S. Foreclosure Activity Continues to See an Annual Increase
ATTOM released the February 2024 U.S. Foreclosure Market Report, noting that foreclosure filings are up 8% over one year ago.
11 Mar 2024
CoreLogic: Number of Underwater US Homes Drops by 15% Annually in Fourth Quarter
CoreLogic released the Homeowner Equity Report for the 4th quarter of 2023, showing the number of mortgages ‘underwater’ dropped by 15% annually.
7 Mar 2024
Fannie and Freddie: Single Family Serious Delinquency Rate Decreases Slightly in January
Fannie Mae and Freddie Mac both reported that Single-Family serious delinquency rates remained relatively unchanged in January 2024.
1 Mar 2024
ICE: Mortgage Delinquency Rates Decreased in January
ICE reports that mortgage delinquency rates decreased in January 2024 to the lowest levels since October of the previous year.
23 Feb 2024