HUD: Disaster Assistance Announced for Montana Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of Montana affected by the Richard Spring Fire from August 8 to August 20, 2021.  On September 30, President Biden issued a major disaster declaration for Rosebud County and the Northern […]

OCC: Report Shows Improvement in Mortgage Performance in Second Quarter 2021

The Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the second quarter of 2021. The OCC Mortgage Metrics Report, Second Quarter 2021 showed that 95.0 percent of mortgages included in the report were current and performing at the […]

HUD: Federal Housing Administration Adds Additional COVID-19 Forberance Relief Options

Actions today are a response to the continued impacts of the pandemic on individuals and families across the country. The Federal Housing Administration (FHA) announced today new and extended COVID-19 relief options for borrowers recently or newly struggling to make their mortgage payments because of the pandemic and for senior homeowners with […]

FHFA: Availability of COVID-19 Multifamily Forebearance Extended

Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, subject to the continued tenant protections FHFA has imposed during the pandemic. This is the fourth extension of the programs, which […]

FHFA: Second Quarter 2021 Foreclosure Prevention and Refinance Report Released

More than 6 million homeowners helped since conservatorship The Federal Housing Finance Agency (FHFA) today released its second quarter 2021 Foreclosure Prevention and Refinance Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 217,020 foreclosure prevention actions in the second quarter of 2021, bringing the total number of […]

HUD: Disaster Assistance Announced for Pennsylvania Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the Commonwealth of Pennsylvania affected by the remnants of Hurricane Ida from August 31 to September 5, 2021. On September 10, President Biden issued a major disaster declaration for the following counties: […]

HUD: Disaster Assistance Announced for California Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of California affected by the Caldor Fire beginning on August 14, 2021, and continuing. On September 12, President Biden issued a major disaster declaration for California due to the Caldor […]

HUD: Disaster Assistance Announced for Arizona Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of Arizona affected by severe storms and flooding from July 22 to July 24, 2021. On September 13, President Biden issued a major disaster declaration for the following counties: Apache, Coconino, […]

HUD: FHA Transaction Completed to Support Expanded Healthcare Services at the University of New Mexico Hospital

$320 million FHA-insured supplemental mortgage provides financing for expansion of Albuquerque, New Mexico, hospital servicing acute care needs of New Mexico residents The Federal Housing Administration (FHA) announced that it has completed a mortgage insurance transaction with The University of New Mexico Hospital (UNMH) located in Albuquerque, NM. The transaction, which closed […]