Author: godreo

More than a dozen young entrepreneurs set up booths at the Fort Scott Farmer’s Market. Each had worked to create their own business, selling art, jewelry and even hot dogs.

Property taxes again took center stage during tax reform discussions this week – with farmers asking for a reprieve and local units of government seeking to head off significant cuts

The online event will begin at 8 a.m. on July 10, 2024, and will conclude at noon on July 11, 2024, or earlier if all properties are sold. This format

Children ruled the roost Saturday at the 4D Veterinary Services Kids Market.

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its first quarter 2024 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 52,154 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped to 6,957,884 since the start of conservatorships in September 2008. The report also shows that 29 percent of loan modifications completed in the first quarter reduced borrowers’ monthly payments by more than 20 percent. The number of refinances decreased from 71,378 in the fourth quarter of 2023 to 69,878 in the first quarter of 2024. The Enterprises’ serious delinquency rate declined from 0.55 percent at the end of the fourth quarter of 2023 to 0.51 percent at the end of the first quarter of 2024. This compares with 3.18 percent for Federal Housing Administration (FHA) loans, 2.01 percent for Veterans Affairs (VA) loans, and 1.44 percent for all loans (industry average). Other highlights from the report include: Forbearance: At the end of the quarter, there were 34,348 loans in forbearance, representing approximately 0.11 percent of the Enterprises’ single-family conventional book of business, down from 42,194 or 0.14 percent at the end of the fourth quarter of 2023. Approximately 2 percent of these loans have been on a forbearance plan for more than 12 months. Mortgage Performance: The 60+ day delinquency rate declined 8 percent in the quarter, from 0.77 percent at the end of the fourth quarter of 2023 to 0.70 percent at the end of the first quarter of 2024. Foreclosures: The number of foreclosure starts decreased slightly to 18,643 while third-party and foreclosure sales fell 3 percent to 3,178 in the first quarter. Real Estate Owned (REO) Activity & Inventory: The Enterprises’ REO inventory decreased 5 percent from 19,902 in the fourth quarter of 2023 to 10,404 in the first quarter of 2024, as property dispositions outpaced acquisitions. The total number of property acquisitions decreased 5 percent to 1,400, while dispositions rose to 1,894 during the quarter. FHFA’s quarterly foreclosure prevention and refinance reports include data on the Enterprises’ mortgage performance, delinquencies, and active forbearance plans, as well as forfeiture actions and refinances by state. The data included in these reports are also available on FHFA’s website as an interactive Borrower Assistance Map.   Foreclosure Prevention, Refinance, and Federal Property Manager’s Report – 1Q 2024   ### The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $8.4 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter @FHFA, YouTube, Facebook, and LinkedIn.   Contact: [email protected]

The most dangerous cities in the world are found in Mexico. Colima tops the list.

The professional and business services industry employed the highest number of people in May 2024.

Employment rose in 9 of the 11 largest counties in Illinois for which data were available from December 2022 to December 2023, the U.S. Bureau of Labor Statistics reported today.

Learn about careers at the Federal Deposit Insurance Corporation, including benefits, recruiting events, internships, and job opportunities.