Archives For:
Freddie Mac: FHLMC Guide Bulletin 2021-06: Temporary Servicing Guidance
Freddie Mac announced an extension of the COVID-19 foreclosure moratorium and temporary updates to forbearance plans for borrowers with a COVID-19 hardship and to the COVID-19 Payment Deferral.
10 Feb 2021
Freddie Mac: FHLMC Guide Bulletin 2021-05: Servicing Updates
Freddie Mac announced updates to Exhibit 40, escrow account requirements, requirement flexibilities for Community Land Trust Mortgages, updates to depository accounts risk threshold and more.
10 Feb 2021
FHFA: Extended Foreclosure and REO Eviction Moratoriums
The FHFA announced an extension of the moratoriums on single-family foreclosures and REO evictions until March 31, 2021.
9 Feb 2021
Take the Muncie Model of Land Banking Statewide
The Star Press published an editorial discussing the Muncie Land Bank (Indiana) and a proposed bill (SB 236) that could make the process of creating other entities more transparent and efficient.
5 Feb 2021
Wildfire Outbreak Causes Home Damage in Western U.S.
FEMA issued a Presidential Major Disaster Declaration for areas in Washington affected by wildfires and straight-line winds that took place September 1-19, 2020.
4 Feb 2021
Tropical Storm Isaias Impacts Multiple U.S. Regions
FEMA issued a Presidential Major Disaster Declaration for areas in Maryland affected by Tropical Storm Isaias from August 3-4, 2020.
4 Feb 2021
FEMA Declared Disaster Maryland Tropical Storm Isaias
FEMA issued a Presidential Major Disaster Declaration for areas in Maryland affected by Tropical Storm Isaias from August 3-4, 2020.
4 Feb 2021
HUD: Multiple COVID-19 Temporary Policy Waivers
The U.S. Department of Housing and Urban Development (HUD) announced several temporary provisions issued through policy waivers to help mitigate the impacts of the COVID-19 pandemic on borrowers with FHA-insured mortgages and mortgagees.
3 Feb 2021
Winter Storm Orlena Causes Major Flooding, Damages Homes
The Weather Channel issued a report offering a summary of impacts from Winter Storm Orlena, which has caused severe home damage.
3 Feb 2021
Land Bank Moves Forward in Fort Scott
Fort Scott Biz published an article highlighting the newly-formed Fort Scott Land Bank (Kansas) and its first acquisition.
3 Feb 2021
PA Registration Bill Would Require Foreclosed Property Maintenance
A proposed Pennsylvania bill (HB372) would require the registration of foreclosed properties with the local municipality. Once registered, foreclosing entities would be responsible for property maintenance.
3 Feb 2021
FHFA: COVID-19 U.S. Mortgage Performance Analysis
The Federal Housing Finance Agency (FHFA) posted a blog outlining U.S. mortgage performance during the COVID-19 pandemic.
2 Feb 2021
FEMA Declared Disaster Navajo Nation COVID-19 Pandemic
FEMA issued a Presidential Major Disaster Declaration for the Navajo Nation as a result of the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing.
2 Feb 2021
FHFA: New General Counsel Announcement
The Federal Housing Finance Agency (FHFA) announced that Clinton Jones started as its new general counsel. Jones succeeds Alfred Pollard, who will be retiring at the end of March 2021.
1 Feb 2021
VA: Circular 26-21-02: Extended COVID-19 Foreclosure and Eviction Relief
The U.S. Department of Veterans Affairs (VA) announced extended foreclosure and eviction relief on properties secured by VA-guaranteed loans, including those previously secured by VA-guaranteed loans but currently in VA’s Real Estate Owned (REO) portfolio.
29 Jan 2021
DS News Highlights Upcoming Safeguard Moratorium Webinar
DS News published an article outlining an upcoming industry webinar hosted by Safeguard Properties. As the first in a series slated for 2021, it will examine current eviction moratoriums and discuss preservation-related actions servicers can and cannot take while they remain active.
29 Jan 2021