Eye On Housing
According to the Mortgage Bankers Association’s (MBA) 2020 fourth quarter National Delinquency Survey (NDS), on a seasonally adjusted basis, the percentage of loans past due decreased from 7.65% in the third quarter to 6.73%. State-level data of the past due loan category reveal that California and Texas made up the top two states with the greatest number of past due… Read More ›
The most recent results of the National Delinquency Survey produced by the Mortgage Bankers Association (MBA) show that, as of the 4th quarter of 2018, mortgage servicers serviced 29.9 million non-government-insured mortgages, also known as conventional mortgages. Beginning with the first quarter of 2017, the MBA had discontinued its long-held classification of conventional loans into the prime and subprime categories,… Read More ›
On August 15th, HUD published its list of proposed Fair Market Rents (FMRs) for 2015. FMRs are used as subsidy limits in HUD’s Housing Choice Voucher Program, but also figure into other housing programs in various ways. A preliminary, proposed list is circulated in advance to allow for public comment before the final version is published, as required by law,… Read More ›
On August 5th, HUD published its preliminary Fair Market Rents (FMRs) for Fiscal Year 2014. By law, HUD is required to publish final FMRs annually by October 1, and circulates a preliminary list in advance with a period for public comment. The primary use of FMRs is to set limits on subsidies in HUD’s Housing Choice Voucher Program, but FMRs… Read More ›
A recent study commissioned by HUD used the American Housing Survey (AHS, funded by HUD & conducted in odd-numbered years by the Census Bureau) to look at how the stock of housing in the U.S. has evolved to serve different segments of the market over time. The study found that 23.8 million of the homes present in 2009 had switched… Read More ›