HUD Grants Almost $2 Billion for Eviction Protection
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson Friday announced the allocation of the remaining $1.988 billion in CARES Act funding for the Community Development Block Grant (CDBG) program. The allocation [...]
Fannie Mae Announces 17th Sale of Reperforming Loans
For about a decade GSE Fannie Mae has been carrying delinquent mortgages that have started performing again (that is, payments on the mortgages have become current with or without the [...]
2 Million Forbearance Plans Set to Expire This Month
There was an improvement in the number of active forbearance plans this past week. The latest data from Black Knight shows that more than two million forbearance plans are set [...]
Industry to Convene for Five Star Virtual Conference
On September 14-15, representatives from mortgage servicers, government agencies, service providers, and more will gather virtually for two days of education, discussion, and networking. Here’s how to participate. The post [...]
Navigating Distressed Asset Investment
This story originally appeared in the September edition of DS News, out now. Turbulent times create opportunities and uncertainty. How do you identify what is a potential good investment versus [...]
The Push for Policymakers to Utilize ‘Groundbreaking’ Housing Data
Researchers from the think tank New America said that with eviction or foreclosure costing millions of Americans their homes every year, they are asking policymakers to more effectively leverage their [...]
Foreclosures Up Overall, But Down From Last Year
In August, 9,889 U.S. properties received a foreclosure filing, according to the latest report from ATTOM Data Solutions, a licensor of comprehensive foreclosure data. That's 11% more than the previous [...]
Record-High MBS Issuances in August
According to a recent announcement from researchers at Ginnie Mae, a wholly owned government corporation that attracts global capital into the housing finance system to support homeownership for veterans and [...]
A Look at Single-Family Rental Investment Trends
How is single-family rental adapting to a year of challenges? An industry expert provides insights. Editor’s note: This interview previously appeared in the September edition of DS News, out now. [...]