Author: Alert team

16 Dec Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Assistance Options Following Recent Tornadoes in Central and Southern States

Posted at 17:24h in Alerts

Industry Update December 14, 2021 Source: Fannie Mae Fannie Mae is reminding homeowners and renters impacted by the recent tornadoes in communities across Kentucky, Missouri, Illinois, Tennessee, Arkansas, and Mississippi of available mortgage assistance and disaster relief options. Under Fannie Mae’s guidelines for single-family mortgages impacted by a natural...

16 Dec FEMA Declared Disaster Update Kentucky Severe Storms, Straight-line Winds, Flooding, Tornadoes

Posted at 17:22h in Alerts

FEMA Alert December 13, 2021 FEMA issued a Major Disaster Declaration for areas of Commonwealth of Kentucky to supplement state and local recovery efforts in the areas affected by severe storms, straight-line winds, flooding and tornadoes beginning Dec. 10, 2021, and continuing. The following counties have been...

16 Dec FEMA Declared Emergency Disaster Illinois Severe Storms, Straight-line Winds, and Tornadoes

Posted at 17:19h in Alerts

FEMA Alert December 13, 2021 FEMA issued an Emergency Disaster Declaration for areas of Illinois affected by severe storms, straight-line winds, and tornadoes on December 10, 2021. More information will be provided as it becomes available. Illinois Severe Storms, Straight-line Winds, and Tornadoes (EM-3577-IL) Additional Resources FEMA’s web site FEMA’s Disaster...

16 Dec FEMA Declared Emergency Disaster Tennessee Severe Storms, Straight-line Winds, and Tornadoes

Posted at 17:17h in Alerts

FEMA Alert December 13, 2021 FEMA issued an Emergency Disaster Declaration for areas of Tennessee affected by severe storms, straight-line winds, and tornadoes on December 10-11, 2021. More information will be provided as it becomes available. Tennessee Severe Storms, Straight-line Winds, and Tornadoes (EM-3576-TN) President Joseph R. Biden, Jr....

16 Dec FEMA Declared Emergency Disaster Update – Tennessee Severe Storms, Straight-line Winds, and Tornadoes

Posted at 17:16h in Alerts

FEMA Alert December 13, 2021 FEMA issued an Emergency Disaster Declaration for areas of Tennessee affected by severe storms, straight-line winds, and tornadoes on December 10-11, 2021. The following counties have been approved for assistance: Public Assistance: Cheatham Decatur Dickson Dyer Gibson Lake Obion Stewart Weakley Tennessee Severe Storms,...

16 Dec FEMA Declared Emergency Disaster Update – Illinois Severe Storms, Straight-line Winds, and Tornadoes

Posted at 17:14h in Alerts

FEMA Alert December 13, 2021 FEMA issued an Emergency Disaster Declaration for areas of Illinois affected by severe storms, straight-line winds, and tornadoes on December 10, 2021. The following counties have been approved for assistance: Individual Assistance: Bond Public Assistance: Bond Cass Coles Effingham Fayette Jersey Macoupin Madison Montgomery ...

16 Dec FEMA Emergency Declaration Kentucky Severe Storms, Straight-line Winds, Flooding, Tornadoes

Posted at 17:12h in Alerts

FEMA Alert December 12, 2021 FEMA announced that federal disaster assistance has been made available to the Commonwealth of Kentucky to supplement state and local recovery efforts in the areas affected by severe storms, straight-line winds, flooding and tornadoes beginning Dec. 10, 2021 and continuing. The following...

06 Dec Mortgage Lending Declines at Unusually Fast Pace Across U.S. During Third Quarter of 2021

Posted at 15:34h in Alerts

Industry Update December 2, 2021 Source: Cision PR Newswire ATTOM, curator of the nation’s premier property database, today released its third-quarter 2021 U.S. Residential Property Mortgage Origination Report. The report shows that 3.59 million mortgages secured by residential property (1 to 4 units) were originated in the third quarter...

06 Dec 2022 FHA Loan Limits: Floor Rises to $420,680; Ceiling to $970,800

Posted at 15:33h in Alerts

Industry Update December 1, 2021 Source: www.thetruthaboutmortgage.com Similar to the FHFA, the U.S. Department of Housing and Urban Development (HUD) announces maximum loan limits each year for FHA loans. Today, they unveiled the 2022 FHA loan limits, which like the 2022 conforming loan limits, will be significantly higher than the...

01 Dec Freddie Mac: Mortgage Serious Delinquency Rate Decreased in October

Posted at 16:59h in Alerts

Industry Update November 23, 2021 Source: Calculated Risk Freddie Mac reported that the Single-Family serious delinquency rate in October was 1.32%, down from 1.46% in September. Freddie’s rate is down year-over-year from 2.89% in October 2020. Freddie’s serious delinquency rate peaked in February 2010 at 4.20% following the housing bubble, and peaked...