Archives For: Industry Update
US Judge Blocks Diversion of Disaster Prevention Grants
A federal judge blocked the diversion of more than $4B in funds away from a grant program designed to protect communities again natural disasters.
5 Aug 2025
Trump Administration Nominates Ginnie Mae, FHA Leaders
The Trump Administration has nominated Joseph M. Gormley for President of Ginnie Mae and Frank Cassidy for FHA Commissioner.
5 Aug 2025
New Mortgage Relief Law Will Help Thousands of Veterans Avoid Foreclosure
On Wednesday, July 30, the VA Home Loan Program Reform Act was enacted into law, providing a path for Veteran homeowners to avoid foreclosure.
31 Jul 2025
How Climate Change Could Cause Foreclosure Rate to Spike Nearly 400%
Climate change could be responsible for a 380% spike in foreclosures by 2035, according to a National Risk Assessment by research firm First Street.
31 Jul 2025
FHFA Proposes to Repeal Fair Lending Rule
FHFA is proposing to repeal a 2024 final rule related to fair housing and lending oversight of Fannie Mae, Freddie Mac, and Federal Home Loans Banks.
28 Jul 2025
Fannie and Freddie: Single Family Serious Delinquency Rates Decreased in June
Fannie Mae and Freddie Mac both reported that Single-Family serious delinquency rates remained unchanged from May to June.
28 Jul 2025
ICE First Look at Mortgage Performance: June 2025
ICE released its June 2024 First Look, which shows that mortgage delinquencies rose on a monthly basis while foreclosures trended higher YoY.
24 Jul 2025
Foreclosure Prevention, Refinance, and Federal Property Manager’s Report – April 2025
FHFA reports that in April 2025, the Enterprises completed 19,474 foreclosure prevention actions, of which approximately 39% were permanent loan modifications.
24 Jul 2025
Congress Acts to Help Veterans Avoid Foreclosure
Congress has passed legislation to help veterans avoid foreclosure after the Dept. of Veterans Affairs ended a mortgage relief program in May.
18 Jul 2025
Foreclosure Rates by State – June 2025
ATTOM released a list of foreclosure rates across all 50 states, starting with the state that had the worst foreclosure rate (South Carolina).
18 Jul 2025