During the pandemic, an estimated 3.2 million foreclosure starts were prevented, along with the completion of approximately 1.5 million foreclosures.
Read More »HUD Examines Institutional Investor Impact on Housing Market
HUD’s Office of Policy Development & Research held its quarterly meeting to discuss the increase in activity by large institutional investors who oversee more than 1,000 properties in HUD’s portfolio.
Read More »The Week Ahead: What Lies Ahead for Loss Mitigation
An upcoming Urban Institute event will spotlight loss mitigation tools and how they have kept borrowers in their homes while dealing with hardships.
Read More »Commentary: Permanent Forbearance Could Prevent Future Foreclosures
A new Urban Institute report argues that the normalization of forbearances for life occurrences like job loss could keep thousands out of the foreclosure process every year.
Read More »Examining the GSEs’ Approach to Equitable Housing Finance Plans
The Urban Institute takes a closer look at efforts by the GSEs to promote sustainable homeownership and rental opportunities for traditionally underserved communities through the FHFA-mandated Equitable Housing Finance Plans.
Read More »HARP Revamp Seen as Default Prevention Solution
By adopting a new version of the Home Affordable Refinance Program (HARP), Urban Institute authors feel they may have an answer to preventing mortgage defaults.
Read More »Fed Owns Nearly 30 Percent of All Outstanding MBS
Since October, the Federal Reserve is reducing the number of securities and treasuries it owns, see where the Fed projects to be by 2025.
Read More »Blame it on Refis
According to new analysis of GSE loan performance data, refinances may be, in large part, to blame for the housing crisis. An uptick in “using homes as ATMs” lead to sloppier underwriting and an uptick in defaults on refis leading up to the collapse. Refis were significantly more likely to be seriously delinquent than purchase loans during this time.
Read More »Could the Sale of Distressed Loans Decrease Foreclosures?
Urban Institute’s Laurie Goodman discusses how investors of severely delinquent mortgages can help decrease the foreclosure rate.
Read More »Credit Blemishes May be Constricting Economic Growth
A recent report from the Urban Institute highlights the lesser-known role that adverse public records may play in holding back a robust economic recovery.
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