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.
Read More »HUD Seeking Input on Improving Processes and Solutions
The Department has published a Request for Information asking the public how it can simplify programs and reduce burdens to increase access to its programs.
Read More »GSEs Complete 16K-Plus Foreclosure Prevention Actions in April
The FHFA reports that since the start of Fannie Mae and Freddie Mac conservatorship in September 2008, the GSEs have recorded 6.7 million-plus foreclosure prevention actions to date nationwide.
Read More »Secretary Fudge Works With Japanese Officials on Urban Solutions, Climate Resilience
Secretary of the Housing and Urban Development has signed a memorandum of cooperation with their Japanese counterparts to jointly pursue innovations in housing policy, urban planning, and climate resilience.
Read More »Keeping Afloat
MortgagePoint speaks with mortgage servicing execs from BOK Financial, Carrington, the NMSA, PHH Mortgage Corporation, and Servbank about the unusual times and unusual opportunities the industry faces midway through 2023.
Read More »Fannie Mae Recognized for Its DEI Efforts
GSE honored for fourth consecutive year in fostering diversity and inclusion in the workplace, reflecting the communities it serves.
Read More »Ginnie Mae’s MBS Portfolio Reaches $2.422T in June
Ginnie Mae reports that its June 2023 recorded MBS issuance will support the financing of 130,000-plus households nationwide, including more than 62,000 first-time homebuyers.
Read More »FHFA Seeks to Amend Its Suspended Counterparty Program
The Agency issues a proposed rule to strengthen its ability to ensure that regulated entities are safe and sound, and remain a reliable source of liquidity.
Read More »Bipartisan Bill Would Give Veterans Easier Access to Housing
The Supporting Veteran Families in Need Act aims to address veteran homelessness, and provide financial support to vets struggling to make ends meet.
Read More »Metros Struck by Hurricane Ian Showing Home Sales Resiliency
Redfin reports that home listings and home sales have bounced back in Florida towns hit by Hurricane Ian last fall, a storm that caused between $41 billion and $70 billion in damage to the area.
Read More »