Commercial and multifamily mortgage delinquencies remained low in the fourth quarter, according to the Mortgage Bankers Association’s Commercial/Multifamily Delinquency Report.
Category: News and Trends
ATTOM: ‘Zombie’ Foreclosures Up to 3.1% Nationwide
ATTOM Data Solutions, Irvine, Calif., said 1.52 million U.S. single-family homes and condos in the United States were vacant in the first quarter, representing 1.5 percent of all homes.
HUD Proposes Enhancements to CWCOT Procedures
HUD, in a draft Mortgagee Letter, proposes to enhance FHA’s Claims Without Conveyance of Title (CWCOT) procedures, a development welcomed by the Mortgage Bankers Association.
#MBAServicing2020: MBA Releases Default Servicing Alignment White Paper
ORLANDO—The Mortgage Bankers Association released a white paper that analyzes federal foreclosure prevention programs and offers recommendations to better align and standardize those programs.
#MBAServicing2020: Ransomware and Cybersecurity—Understanding the Threats
ORLANDO—Rick Hill, Vice President of Industry Technology with the Mortgage Bankers Association, worries about the vulnerability of the mortgage industry.
#MBAServicing2020: ‘Stronger Servicing Starts Here’
ORLANDO—Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, kicked off the MBA Servicing Solutions Conference & Expo here with praise for the work the mortgage servicing industry has done in recent years.
#MBAServicing2020: MBA Releases Default Servicing Alignment White Paper
ORLANDO—The Mortgage Bankers Association released a white paper that analyzes federal foreclosure prevention programs and offers recommendations to better align and standardize those programs.
Administration to Nominate Dana Wade as FHA Commissioner
The Trump Administration said it intended to nominate Dana Wade as Assistant Secretary for Housing and Federal Housing Commissioner.
Black Knight First Look: Mortgage Delinquencies Fall to Lowest Level on Record
Black Knight, Jacksonville, issued its First Look Mortgage Monitor, reporting mortgage delinquencies fell by more than 5% in January, hitting their lowest level on record dating back to 2000.
Encouraging Signs for Black, Latinx Homeownership Rates
After hitting historic lows during the Great Recession, African American homeownership in the U.S. has rebounded promisingly, said Zillow, Seattle, marking what it suggested was “perhaps the start of a recovery.”