Marina Walsh, CMB, MBA’s VP of Industry Analysis, reported that “FHA delinquencies rose 10 basis points compared to year ago levels. … As the economy slows and labor market cools, homeowners with FHA loans are likely to feel the distress first.”
Read More »The Week Ahead: Digging Deeper Into Processing and the Prequal Process
An upcoming webinar presented by the Five Star Institute’s FORCE group will provide tools and tips to take your REO business to the next level and excel in today’s competitive marketplace.
Read More »Foreclosure Filings Up 5% Year-Over-Year in July
ATTOM reports that nationwide, one in every 4,380 housing units reported a foreclosure filing in July 2023, with Maryland leading the pack with one in every 2,071 housing units reporting a foreclosure filing.
Read More »HUD and VA Launch Program to Transition Veterans to Permanent Housing
HUD and the VA will partner on a series of “Boot Camp” workshops to address homelessness across the nation’s veteran population.
Read More »Ginnie Mae’s MBS Portfolio Hits $2.4T-Plus in July
As Ginnie Mae celebrates its 55th anniversary, its mortgage-backed securities portfolio outstanding grew to $2.44 trillion in July 2023, assisting more than 57,000 first-time homebuyers achieve the American dream of homeownership.
Read More »Maximizing Opportunities in the REO Space
Members of the Board of the NRBA (National REO Brokers Association) were featured in a recent webinar discussing the next boom in REO business, and how to adjust your systems to deal with a growth in volume.
Read More »HUD Issues Updates on Solar Programs
Updates from the Department support the expanded use of solar program benefits for assisted housing residents, tying into the Biden Administration’s Inflation Reduction Act.
Read More »Five Star Institute Names 2023 Women in Housing Award Finalists
Five Star’s Annual Women in Housing Leadership Awards recognize the achievements of businesswomen whose contributions will continue to impact the housing and mortgage servicing industry for years to come.
Read More »Home Seekers Venturing Beyond Their Own ZIP Codes
More U.S. home shoppers are looking for homes in areas other than where they live, according to a Q2 analysis of Realtor.com listings.
Read More »Yellen Reacts to Fitch Ratings Downgrade of U.S., GSEs
Precipitated by Fitch’s downgrade of the sovereign rating of the U.S., many in the industry voiced their opposition to the downgrade of Fannie Mae and Freddie Mac’s rating from 'AAA' to 'AA+.’
Read More »