FHFA: House Prices Rise 0.4 Percent in October 2024; Up 4.5 Percent from a Year Earlier
Even though price growth has slowed recently, FHFA’s monthly House Price Index showed that home values rose during the 12 months ending in October in every Census division U.S. house prices rose 0.4 percent in October, according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 4.5 percent from October 2023…
HUD: January 2024 Point-in-Time Homelessness Count Report Released
The Annual Homelessness Assessment Report: Part 1 data highlights progress and challenges in Addressing Homelessness Across the Nation The U.S. Department of Housing and Urban Development (HUD) today released its 2024 Annual Homelessness Assessment Report: Part 1: Point-in-Time Estimates, an annual snapshot of the number of individuals in shelters, temporary housing, and unsheltered settings. The report…
HUD and Census Bureau: New Residential Sales Report for November 2024 Released
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for November 2024: New Home SalesSales of new single-family houses in November 2024 were at a seasonally adjusted annual rate of 664,000, according to estimates released jointly today by the U.S. Census Bureau and…
Census Bureau: New Data on Minority-Owned, Veteran-Owned and Women-Owned Businesses Released
The U.S. Census Bureau today released new estimates on the characteristics of employer businesses. According to the 2023 Annual Business Survey (ABS), which covers reference year 2022, there were approximately 5.9 million U.S. employer firms, of which 1.3 million (22.6%) were minority-owned; 273,542 (4.7%) were veteran-owned; and around 1.3 million (22.3%) were owned by women. This release also includes…
FHFA: Third Quarter 2024 Foreclosure Prevention and Refinance Report Released
More than 7 million troubled homeowners helped during conservatorships The Federal Housing Finance Agency (FHFA) today released its third quarter 2024 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 43,459 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped…
FHFA: Update of Enterprise Sales of Non-Performing Loans Released
The latest report on the transactions by Fannie Mae and Freddie Mac, intended to transfer credit risk and improve outcomes for borrowers, reflects a steady drop in delinquencies since the pandemic The Federal Housing Finance Agency (FHFA) today released a report on non-performing loans (NPLs) sold by by Fannie Mae and Freddie Mac (the Enterprises)…
OCC: Mortgage Performance Report Released for Third Quarter of 2024
The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the third quarter of 2024. The OCC Mortgage Metrics Report, Third Quarter 2024 showed that 97.4 percent of mortgages included in the report were current and performing at the end of the quarter, a slight…
CFPB: New Report Finds Mortgage Companies Create Obstacles for Homeowners After Death or Divorce
Surviving family members or spouses report being caught in a customer service doom loop Today, the Consumer Financial Protection Bureau (CFPB) issued a report on the experiences of homeowners dealing with their mortgage company after divorce or the death of an original borrower. Many homeowners report that their servicers push them to take on new, higher-interest loans…
FFIEC: Federal Bank Regulatory Agencies Release 2023 Small Business, Small Farm, and Community Development Lending Data
The federal bank regulatory agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), today released data on small business, small farm, and community development lending during 2023. The Community Reinvestment Act regulations require the agencies to annually disclose these data. The FFIEC also prepared aggregate disclosure statements of small business and small farm…
CFPB: New Report Summarizes Illegal Practices Across Student Loan Refinancing, Servicing, and Debt Collection
Report addresses issues faced by borrowers with federal and private loans Today, the Consumer Financial Protection Bureau (CFPB) released a special edition of its Supervisory Highlights describing a range of unlawful activities identified by CFPB examiners across student loan markets. The report covers violations related to student loan refinancing, private lending and servicing, debt collection, and federal…