Tag Archive for ‘hud’

MBA Data Indicates Slow Decline for Past Due Loan Share

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 ›

Serious Delinquency Rate Continues its Decline

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 ›

Fair Market Rents: Large Changes in Many Areas

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 ›