Archives For: Industry Update
Freddie Mac Servicing Guide – Industry Pricing Update
An increase in the reimbursement expense limits for certain expense codes for the preservation and maintenance of vacant properties has been updated for Freddie Mac.
9 Aug 2023
FHA Eyes Electronic Communication with Proposed Modernized Engagement for Defaulting Borrowers
FHA has announced a long-awaited proposal that could revolutionize how mortgage companies engage with borrowers in default.
1 Aug 2023
Top 10 U.S. States with Highest Shares of Underwater Mortgages in Foreclosure in Q2 2023
ATTOM took a deep dive into the data behind its Q2 2023 U.S. Home Equity & Underwater Report to uncover the states where the highest portion of homeowners faced possible foreclosure.
28 Jul 2023
Ginnie Mae Launches New Environmental, Social and Governance Composite and Webpage
Ginnie Mae announced the addition of a new Environmental, Social and Governance webpage with a focus on how their strategy impacts MBS program offers to investors.
28 Jul 2023
HUD Announces Research Grant Opportunity and Event Focused on Office-to-Residential Conversions
HUD released a notice of funding opportunity (NOFO) to study office-to-residential conversions which have grown in interest since the pandemic-induced shift to remote work.
25 Jul 2023
Foreclosure Rates are Surging: These 10 U.S. Cities are Where They’re Up the Most
The data team at Realtor.com has set out to find the cities that are experiencing high – and growing – percentages of foreclosure activity.
24 Jul 2023
Black Knight: “Seriously Delinquent Mortgages Hit Lowest Level Since 2006” in June
According to Black Knight’s First Look report, the percentage of delinquent loans decreased 2.8% year-over-year in June 2023.
21 Jul 2023
Foreclosure Activity in First Half of 2023 Ticks Upwards Toward Pre-Covid Levels
ATTOM has released its Midyear 2023 U.S. Foreclosure Market Report, showing a 13% increase in foreclosure filings from one year ago.
13 Jul 2023
FHFA Sets Higher Standards for Suspended Counterparty Program
FHFA has issued a proposed rule that would make it easier to put individuals and institutions into its Suspended Counterparty Program.
10 Jul 2023
Melbourne Tech Company Crumbles: ProChamps Files for Liquidation
ProChamps has announced that it is filing as an assignee for the benefit of creditors, also known as an ABC.
29 Jun 2023