CoreLogic: January Mortgage Delinquency Rate Near Record Low
CoreLogic, Irvine, Calif., said the U.S. housing market posted an overall delinquency rate of 2.8% in January, approaching a record low.
MBA Opposes Biden Administration’s Rent Control Proposal on LIHTC-Financed Multifamily Properties
MBA President and CEO Bob Broeksmit, CMB, released a statement on the Biden administration’s planned announcement to impose a 10% limit on annual rent hikes at properties supported by the Low-Income Housing Tax Credit (LIHTC).
Homeowners Average Almost $18,000 Per Year on Non-Mortgage Expenses
The average homeowner spends $17,958 on non-mortgage expenses, a recent study found, listing categories such as maintenance, improvements, utilities, property taxes and insurance.
RealPage Survey Reveals Multifamily Fraud Is on the Rise
RealPage, Richardson, Texas, found more than 75% of survey participants report an increase in rental fraud in their multifamily communities in the past year.
MBA NewsLink Q&A: LoanCare President Dave Worrall
MBA NewsLink recently interviewed Dave Worrall, president of LoanCare, which provides full-service subservicing and interim subservicing to the mortgage industry.
