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FHFA Director Mark Calabria spoke Monday at a virtual event, where his session focused on the agency’s current priorities. Calabria used his allotted time at a Mortgage Bankers Association (MBA) event to outline steps the FHFA has taken to protect borrowers and renters during the COVID-19 pandemic. He also announced a new FHFA rule, which, … The post Director Discusses …

According to data related to wildfires, new homes continue to be constructed in high risk areas. Cape Analytics used artificial intelligence to analyze wide swaths of geospatial imagery to help insurers and other companies better understand properties and property risk, the company reported. “We wanted to explore exactly how much sprawl there has been in … The post New-Home Construction …

James A. Johnson, who served as CEO of Fannie Mae from 1991 to 1998 and was a Democratic campaign operative, died on Sunday, Oct. 18 at the age of 76. His son, Alfred, told The Washington Post and Wall Street Journal that he passed away due to complications from a neurological condition at his home … The post Former Fannie …

While foreclosure starts are down to the lowest levels since 2008, the impact of a national health crisis and related foreclosure moratoria is different for various parts of the country. ATTOM Data Solutions, which published a September and Q3 2020 U.S. Foreclosure Market Report showing foreclosure filings down 12% from Q2 2020 and down 81% … The post Q3 Foreclosure …

In estimating how much distress the COVID-19 crisis has brought upon homeowners, the Mortgage Banker’s Association (MBA) determined, via its Research Institute for Housing America (RIHA), that some 6 million households missed rent or mortgage payments in September. Though the percent of homeowners and renters behind on their payments in Q3 decreased slightly from Q2, … The post Millions Missed …

Click through to learn how you can hear the latest updates from top representatives of CFPB, FHFA, and HUD. Here’s what else is happening in The Week Ahead. The post The Week Ahead: Calabria, Carson, Kraninger to Address Industry appeared first on DSNews.

Editor’s note: This story originally appeared in the October edition of DSNews, out now. There is nothing like a pandemic and life-and-death consequences to accelerate innovation. This is especially true in the pharmaceutical and medical field, where scientists are rushing to develop a vaccine for COVID-19. Surprisingly, it’s also true in the appraisal industry.  As the deadly COVID-19 pandemic mobilized the country to shelter in place, immediate action was taken to try and accommodate … The post Working at …

Last week Black Knight reported that the beginning of October saw a decline in the number of active forbearance plans of 649,000 or 18 percent as many plans reached the end of their initial period. It was the largest single week decline since the crisis began. This week the number of loans in forbearance edged up a bit. The company …