Tag Archives: COVID-19

The OCC has issued its findings on the performance of first-lien mortgages in the federal banking system during Q2, as 97.3% of mortgages were found current and performing at the end of the quarter, compared to 97.6% in Q1.

According to the Fitch Ratings, loan portfolio delinquencies modestly improved for the fifth consecutive quarter. Click through to read the latest data and info on the impact of borrower assistance programs in Q1 2023.

As the nation continues to struggle with inflation and high mortgage rates, Fannie Mae and Freddie Mac completed more than 5,100 permanent loan modifications in May, according to the latest FHFA Foreclosure Prevention and Refinance Report.

The MBA reports that the share of mortgage loans in forbearance fell to 0.44% nationwide in June, with nearly 80% of that total citing pandemic-related reasons for their forbearance.

Attorney Robert Deisinger takes a look at a new measure in Illinois to seal foreclosure records that were initiated during the COVID pandemic foreclosure moratoria.

In a Realtor.com analysis of data from January 2000 to December 2022, investor buyer share lost some ground after hitting a record high of 8.9% reported in February 2022, but remains above pre-pandemic levels.

Julia R. Gordon, Assistant Secretary for Housing and Federal Housing Commissioner of HUD, speaks to MortgagePoint about recent changes such as FHA’s mortgage insurance premium reductions, an ongoing commitment to improving IT infrastructure, and how the arc of her career brought her to her current role.

During the pandemic, an estimated 3.2 million foreclosure starts were prevented, along with the completion of approximately 1.5 million foreclosures.

HUD Secretary Marcia L. Fudge has announced that more than 1.8 million FHA borrowers received a forbearance due to a hardship created or exacerbated by COVID-19.

As we move through Q1 2023, attorney and Legal League Chair Stephen M. Hladik provides an outlook as to what issues are likely to make their way to the appellate courts in 2023.