However, November’s total of starts still trails highs seen in June 2022 and remain well below pre-pandemic levels.
Read More »GSEs Issue Report on Non-Performing Loans
The FHFA reports that Fannie Mae and Freddie Mac sold 155,034 non-performing loans with a total unpaid principal balance of $28.7 billion from the program’s inception in 2014 through June 30, 2022.
Read More »HUD Seeks Public Input on Allocation of Disaster Recovery Funds
Two new Requests for Information from HUD mark the first time the Department has solicited comments on how to equitably distribute critical disaster recovery funds.
Read More »Q2 Critical Defect Rate up 6%
ACES Quality Management has released the findings of its latest Industry Trends Report for the second quarter of 2022, which found that the overall critical defect rate increased 6% compared to Q1 and crossed the 2% threshold for the third time in report history.
Read More »Ginnie Mae Forbearances Increase, Again
The MBA reports the performance of serviced loans nationwide remained relatively flat in November, despite the forbearance rate for Ginnie Mae loans increasing for the fourth straight month.
Read More »Keeping Ahead of Climate Change
Jeff Schott of EarthvisionZ shares his thoughts on improving efficiencies within the risk assessment industry, and what challenges lie ahead in 2023.
Read More »Fueling Growth in Mortgage Subservicing
ServiceMac President & CEO Bob Caruso shares his perspectives on the impact of technology on the servicing industry, and what lies ahead for the servicing sector in 2023.
Read More »CFPB to Establish Registry to Detect Repeat Offenders
The proposal of a registry of company and court order information will assist the Bureau in identifying and mitigating risks to American households, according to the CFPB.
Read More »CoreLogic Announces Suite of Property Risk Tools
New solution offers a view of physical risk, leveraging Google Cloud, combining hyperlocal property data with financial information to estimate and mitigate the impact and cost of future catastrophes.
Read More »Foreclosures Have Likely Peaked for 2022
Foreclosure activity, up 98% year-over-year in November, “declined from last month, and lenders often put a moratorium on foreclosures during the holiday season,” according to ATTOM’s EVP of Market Intelligence, Rick Sharga.
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