Per an ATTOM report, foreclosure filings hit 324,237 in December 2022, up from 151,153 in December 2021. This pushed the foreclosure rate from 0.11% in December 2021 to 0.23% in December 2022.
Read More »OCC: Overall Mortgage Performance Improves in Q3
The latest OCC Mortgage Metrics Report found that 97.2% of mortgages included in the report were current and performing at the end of Q3 2022. Click through to learn how this compares to last year’s metrics.
Read More »Opportunity Amid Adversity
Jim Albertelli of Voxtur explains four ways the industry can collectively drive innovation and change during these leaner times.
Read More »The Week Ahead: CFPB to Deliver Update to Congress
This coming week, Rohit Chopra, Director of the CFPB, will provide an update to the Senate Banking Committee on the latest actions the Bureau has taken to protect consumers from financial misconduct.
Read More »GSEs Executed Nearly 25K in Foreclosure Prevention Actions in August
Since the start of the GSEs' conservatorship nearly 14 years ago, approximately 40% of their foreclosure prevention actions have resulted in permanent loan modifications.
Read More »Delinquencies, Foreclosures Up Year-Over-Year But Still Near Record Lows
Nationwide, the overall delinquency rate dropped for the 18th consecutive month on an annual basis, as CoreLogic reports that approximately 1.4 million loans nationwide were in some stage of delinquency.
Read More »5 Things You Need in a Non-QM Portfolio Manager
Janina “Gigi” Woods of Planet Management Group discusses the factors investors must consider in this rapidly changing economic environment.
Read More »Report Highlights the FHA’s Role in Affordable Financing
In its annual report, the FHA highlighted its role in supporting affordable home financing for first-time buyers and borrowers of color, as well as the assistance provided to struggling homeowners.
Read More »SFR Market Remains at More Than Twice Pre-Pandemic Growth Rate
CoreLogic reports that the single-family rental market, while cooling for the fifth consecutive month, remains at more than twice the growth rate prior to the pandemic outbreak.
Read More »HUD Issues Nearly $150M in Supplemental COVID Assistance
Owners of properties participating in multifamily-assisted housing programs can now apply for reimbursement of costs for property improvements and other measures taken to protect residents from pandemic-related issues.
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